Oil prices slump amid ample supply, gold falls Oil prices slump amid ample supply, gold falls:- Crude oil extended a slump on Thursday on news of record-high U.S. stockpiles, dragging on equity markets as energy stocks slid, while bets the Federal Reserve will raise U.S. interest rates next week weighed […]
United States
AIG CEO to resign after dismal earnings, successor unclear AIG CEO to resign after dismal earnings, successor unclear:- American International Group Inc (AIG.N) said on Thursday its Chief Executive Peter Hancock will step down, a decision he made after poor financial performance frustrated shareholders and the insurer's board of directors. […]
Antitrust rules batter America Movil as uncertainty bites Antitrust rules batter America Movil as uncertainty bites:- Shares of billionaire Carlos Slim's America Movil slumped on Thursday after regulators ratcheted up antitrust measures aimed at breaking Slim's hold on Mexican telecoms, adding uncertainty to the outlook for his principal cash cow. […]
Asia stocks firm ahead of U.S. jobs, dollar vs yen at one-and-half-month high Asia stocks firm ahead of U.S. jobs, dollar vs yen at one-and-half-month high:- Asian stocks edged up and the dollar rose to 1-1/2-month highs versus the yen on Friday, ahead of the closely-watched U.S. non-farm payrolls report […]
WikiLeaks says it releases files on CIA cyber spying tools WikiLeaks says it releases files on CIA cyber spying tools:- Anti-secrecy group WikiLeaks on Tuesday published what it said were thousands of pages of internal CIA discussions about hacking techniques used over several years, renewing concerns about the security of […]
Stocks slip, U.S. dollar firm on Fed outlook Stocks slip, U.S. dollar firm on Fed outlook:- A gauge of global stock markets slipped on Tuesday as the Dow and S&P 500 notched their first back-to-back losses in more than a month, while expectations the Federal Reserve will raise interest rates […]
Pharma, bank stocks pull Wall Street lower Pharma, bank stocks pull Wall Street lower:- U.S. stock prices closed lower on Tuesday as weakness in drug and financial shares sent the S&P 500 and the Dow Jones Industrial Average to their first consecutive sessions of declines in more than a month. […]
U.S, Germany should discuss trade outside EU U.S, Germany should discuss trade outside EU:- Trump administration trade adviser Peter Navarro said on Monday the $65 billion U.S. trade deficit with Germany was "one of the most difficult" trade issues, and bilateral discussions were needed to reduce it outside of European […]
Honda to begin U.S. production of new 10-speed transmission Honda to begin U.S. production of new 10-speed transmission:- Honda Motor Co Ltd (7267.T) said on Monday it had invested nearly $150 million in two U.S. plants for making 10-speed automatic transmission for front-wheel-drive vehicles. The investment includes $100 million for […]
Publicity looms as PwC, MF Global go to trial in New York Publicity looms as PwC, MF Global go to trial in New York:- Publicity about both the recent Academy Awards and Wall Street hung over a Manhattan courtroom on Monday as lawyers struggled to find jurors to decide whether […]
