U.S. factory activity cools slightly; trend remains bullish U.S. factory activity cools slightly; trend remains bullish:- A measure of U.S. manufacturing activity retreated from a 2-1/2-year high in March amid a decline in production and an inventory drawdown, but a surge in factory jobs indicated that the sector's energy-led recovery […]

Elon Musk mocks short sellers after Tesla stock surge As Tesla Inc's (TSLA.O) strong quarterly vehicle deliveries sent its stock to a record high on Monday, Chief Executive Elon Musk took a swipe at traders betting the luxury electric car company is on a road to ruin. "Stormy weather in […]

Global stocks ease ahead of Trump-Xi meeting, dollar gains Global stocks ease ahead of Trump-Xi meeting, dollar gains:- Global equity markets eased on Monday as investors awaited the first meeting later this week between U.S. President Donald Trump and Chinese President Xi Jinping, while the dollar gained on a positive […]

Wall Street down on weak auto sales, doubts about Trump agenda Wall Street down on weak auto sales, doubts about Trump agenda:- Wall Street closed slightly lower on Monday as March auto sales disappointed and investors questioned whether the Trump administration would deliver on its pro-business economic stimulus. Stocks had […]

Akzo Nobel CEO says PPG proposal is insufficient Akzo Nobel CEO says PPG proposal is insufficient:- Akzo Nobel (AKZO.AS) CEO Ton Buechner repeated on Monday his opposition to a March 20 takeover proposal from U.S. rival PPG Industries (PPG.N), saying he sees no merit in negotiating with PPG. Buechner and […]

FCC limits order on Charter extending broadband service FCC limits order on Charter extending broadband service:- The U.S. Federal Communications Commission is reversing a requirement imposed under the Obama administration that Charter Communications Inc extend broadband service to 1 million households already served by a competitor, under an order to […]