Wells Fargo suffers slump in muni bond underwriting Wells Fargo & Co is paying a price in the U.S. municipal bond market for the bogus customer accounts scandal that hit the bank last year and led to bans by some cities and states, an analysis of Thomson Reuters data shows. […]
USA
Canada beat USA in thrilling final at Singapore 7s to win first-ever cup title Play smart, play with power. If that’s not Canada’s exact motto in sevens rugby, it’s pretty close. The Canadians won a first ever title on the HSBC World Rugby Sevens Series Sunday at the Singapore 7s, […]
Asia demand, hedging boosts trading in forward U.S. oil contracts Asia demand, hedging boosts trading in forward U.S. oil contracts:- Trading volumes and open interest in U.S. crude futures soared in 2016, particularly among buyers out of Asia and shale companies locking in output, both of whom have shown an […]
Tesla plunges another 5 percent on fears of Model 3 delays Tesla plunges another 5 percent on fears of Model 3 delays:- Shares of Tesla (TSLA.O) dropped on Monday after a downgrade by Goldman Sachs, bringing the electric carmaker's decline to 11 percent since its quarterly report last week stoked […]
With stocks at highs, investors eye consumer results With stocks at highs, investors eye consumer results:- U.S. stock investors may look to a host of results from consumer-facing companies including Wal-Mart Stores Inc (WMT.N) next week for signs on whether the recent market rally has more room to run. The […]
U.S. small business borrowing rises as Trump elected president Borrowing by small U.S. firms ticked up in November, data released on Thursday showed, as Americans unexpectedly elected Republican Donald Trump as their next president and investors bid up U.S. stocks on bets that tax cuts will boost profits. The Thomson […]
Trump luxury hotel opens just blocks from the White House Trump luxury hotel opens just blocks from the White House : Republican presidential nominee Donald Trump opened the latest outpost in his real estate empire on Monday, a luxury hotel in a historic building five blocks from the White House […]
