Samsung Electronics to boost returns after record third-quarter profit Samsung Electronics to boost returns after record third-quarter profit: South Korean technology giant Samsung Electronics Co Ltd (005930.KS) promised to return $26 billion to shareholders over the next three years as it reported record third-quarter profit on the back of the […]
Latest Business Updates USA News
Brent oil ends above $60 on expected OPEC cut extension Brent oil ends above $60 on expected OPEC cut extension: Brent oil closed on Monday at its highest level since July 2015 and U.S. crude closed at a peak not seen since February on expectations OPEC-led production cuts would be […]
Europe lift sends world stock gauge to record Europe lift sends world stock gauge to record: Bloomberg reported that the corporate tax rate may be reduced gradually, by 3 percentage points a year, to 20 percent. “Clearly tax policy is important to corporations,” said Randy Frederick, vice president of trading […]
Oil markets stable on expected extension of output cuts Oil markets stable on expected extension of output cuts: Oil markets were stable on Monday, with Brent remaining above $60 per barrel supported by expectations that an OPEC-led production cut due to expire next March would be extended. Brent crude oil […]
Japans retail sales show strength in consumer spending Japans retail sales show strength in consumer spending: The 2.2 percent annual increase in retail sales in September was less than the median estimate for a 2.5 percent annual increase and follows a revised 1.8 percent annual increase in August. Strong consumer […]
Exxon Chevron results linked to oil price not cost cuts Exxon Chevron results linked to oil price not cost cuts: Despite deep capital spending cuts and a refocusing on projects that can generate faster paybacks in recent years, the results on Friday showed the pair, neither of whom hedge oil […]
As Trump tax comes to floor failure could spell stocks selloff As Trump tax comes to floor, failure could spell stocks selloff: The benchmark S&P 500 .SPX is up nearly 6 percent from its August lows as the Trump administration has rolled out its tax reform proposal, which would cut […]
Asian shares gain after upbeat earnings from U.S. tech titans Asian shares gain after upbeat earnings from U.S. tech titans: The euro’s fall looks set to lift European shares with spread betters expecting higher opening of 0.5 percent in Germany’s DAX .GDAXI and 0.6 percent in France’s CAC .FCHI. Britain’s […]
London comes to Macau as Las Vegas Sands revamps casino resort London comes to Macau as Las Vegas Sands revamps casino resort: Las Vegas Sands, the casino behemoth owned by U.S. billionaire Sheldon Adelson, said on Wednesday it plans to spend $1.1 billion on new projects in the world’s largest […]
Three women sue Uber in San Francisco claiming unequal pay Three women sue Uber in San Francisco claiming unequal pay: The lawsuit, filed Tuesday at the Superior Court in San Francisco, follows a widely read blog post in February from another female engineer that described Uber’s work environment as one […]
