Denmark doubles capital buffer to contain wider Danske Bank risks
Tue, 25 Sep 2018 08:41:27 -0400
Denmark on Tuesday doubled capital buffers to bolster stability that its financial risk-assessment body said could be threatened by the…
In Nigeria, Shell’s onshore roots still run deep
Tue, 25 Sep 2018 08:31:34 -0400
Royal Dutch Shell wants to reweight its footprint in Nigeria to focus on oil and gas fields far offshore, away…
Oil above $80 lifts stocks, offsets trade and bond market chill
Tue, 25 Sep 2018 08:23:39 -0400
European shares rose and Wall Street was set for a stronger open on Tuesday, as oil above $80 a barrel…
Instagram departures hit Facebook shares
Tue, 25 Sep 2018 08:09:29 -0400
Shares of Facebook Inc fell more than 2 percent in early trading on Tuesday after the two founders of photo-sharing…
Michael Kors takes over fashion icon Versace in $2 billion deal
Tue, 25 Sep 2018 07:59:13 -0400
U.S. fashion group Michael Kors has agreed to buy Versace in a deal valuing the revered designer at $2 billion…
Oil hits four-year peak after OPEC+ shows no sign of turning on the taps
Tue, 25 Sep 2018 07:39:25 -0400
Crude oil prices shot to a four-year high on Tuesday, catapulted by imminent U.S. sanctions on Iranian crude exports and…
Futures climb on oil boost, Fed meeting eyed
Tue, 25 Sep 2018 07:33:42 -0400
U.S. stock index futures edged higher on Tuesday, as energy companies gained with oil prices at four-year highs, although the…
How Trump split Mexico and Canada in NAFTA talks
Tue, 25 Sep 2018 07:22:29 -0400
A day after winning the Mexican presidential election, Andres Manuel Lopez Obrador took a congratulatory call from U.S. President Donald…
Instagram co-founders resign in latest Facebook executive exit
Tue, 25 Sep 2018 05:51:30 -0400
Instagram on Monday said co-founders Kevin Systrom and Mike Krieger have resigned as chief executive officer and chief technical officer…
China says U.S. putting 'knife to its neck', hard to proceed on trade
Tue, 25 Sep 2018 05:38:12 -0400
A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while…
Full-blown trade war would cost jobs, growth and stability: WTO's Azevedo
Tue, 25 Sep 2018 05:38:12 -0400
A full-blown trade war would have serious effects on global economic growth and there would be no winners of such…
Comcast crosses 30 percent Sky threshold after buying shares
Tue, 25 Sep 2018 04:53:02 -0400
Comcast , the victor in the $40 billion auction for Sky , said on Tuesday it had bought more than…
Out of fashion? H&M tests new store to get back in vogue
Tue, 25 Sep 2018 03:26:20 -0400
Step into one of the more than 4,300 H&M budget fashion stores around the world and you often know what…
China says trade war to 'certainly' hurt U.S. exporters, create opportunities to others
Tue, 25 Sep 2018 01:06:54 -0400
China is being forced to retaliate against the United States in their trade dispute, and U.S. exporters including suppliers of…
Tesla is making its own car carriers
Tue, 25 Sep 2018 00:46:28 -0400
Tesla Inc is building its own car carriers, as the electric carmaker faces vehicle distribution problems.
Senior China diplomat says confrontation with U.S. lose-lose
Tue, 25 Sep 2018 00:23:04 -0400
Confrontation between China and the United States means both sides lose, and talks with Washington cannot take place under threats…
Starbucks plans changes to company structure, layoffs
Mon, 24 Sep 2018 22:20:53 -0400
Starbucks Corp is planning an organizational restructuring including leadership changes, according to a memo from its Chief Executive Officer Kevin…
Sears CEO Lampert offers new deals to avert bankruptcy
Mon, 24 Sep 2018 21:10:06 -0400
Sears Holdings Corp Chief Executive Eddie Lampert, a major investor in the company, has proposed rescue deals to help the…
The night a Chinese billionaire was accused of rape in Minnesota
Mon, 24 Sep 2018 19:14:57 -0400
With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21-year-old University of Minnesota student sent a WeChat…
Amazon made two moves for Deliveroo, one nine months ago: Telegraph
Mon, 24 Sep 2018 17:54:06 -0400 Inc made two preliminary approaches for British online food delivery company Deliveroo, the latest one about nine months ago,…