Oil prices dip as markets remain bloated despite OPEC-led cuts Oil prices dip as markets remain bloated despite OPEC-led cuts:- Oil prices dipped on Monday on signs that global fuel markets remained bloated despite OPEC-led crude production cuts that have been more successful than most initially expected. Brent crude futures […]
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At least 18 injured in fire on Hong Kong metro train At least 18 injured in fire on Hong Kong metro train:- At least 18 people were injured Friday evening after a man started a fire on a crowded Hong Kong metro train, police said. The victims have been transferred […]
U.S. consumer sentiment falls as election euphoria fizzles U.S. consumer sentiment falls as election euphoria fizzles:- U.S. consumer sentiment eased off a 13-year high in early February likely as some of the jubilation over Donald Trump's election victory ebbed, but it remained strong enough to suggest that consumers will continue […]
Top Federal Reserve official resigns as bank deregulation looms Top Federal Reserve official resigns as bank deregulation looms:- The Federal Reserve Board's top bank regulator said on Friday he would resign, giving a boost to President Donald Trump's plans to ease reforms put in place after the 2007-09 financial crisis. […]
Energy stocks look for catalyst out of doldrums Energy stocks look for catalyst out of doldrums:- Buoyant oil prices since Donald Trump's election have provided no lasting halo effect for energy stocks as the sector's profit rebound has lacked vigor, but that could change in the week ahead with a […]
Ford to invest $1 billion in autonomous vehicle tech firm Argo AI Ford to invest $1 billion in autonomous vehicle tech firm Argo AI:- Ford Motor Co plans to invest $1 billion over the next five years in tech startup Argo AI to help the Detroit automaker reach its goal […]
UAW says it will greet Tesla workers with open arms UAW says it will greet Tesla workers with open arms:- The United Automobile Workers union on Friday said it had been approached by workers at Tesla Inc's (TSLA.O) Fremont, California, assembly plant, rejecting a charge by the chief executive of […]
Amazon warns that trade protectionism could hurt business Amazon warns that trade protectionism could hurt business:- Amazon.com Inc (AMZN.O) warned on Friday that government actions to bolster domestic companies against foreign competition could hurt its business, in a possible reference to U.S. President Donald Trump's "America First" agenda. In a routine […]
Republican plan would ease Wall Street rules, as party embraces deregulation Republican plan would ease Wall Street rules, as party embraces deregulation:- The Republican chairman of a key House of Representatives committee has laid out his plan to roll back Wall Street rules and consumer protections conceived after the 2008 […]
Toshiba receives bid as high as $3.6 billion for chip business stake Toshiba receives bid as high as $3.6 billion for chip business stake:- Toshiba Corp has received an offer as high as 400 billion yen ($3.6 billion) for a 19.9 percent stake in its flash memory business, with other […]
