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Home2018November

Month: November 2018

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Business News

Asian shares wobble, investors brace for U.S. elections

November 6, 2018 admin Comments Off on Asian shares wobble, investors brace for U.S. elections

Asian shares wobbled on Tuesday, supported by Wall Street gains although sentiment was tempered ahead of the U.S. midterm elections, the first major electoral test of President Donald Trump’s big tax cuts and hostile trade policies.

…read more […]

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Business News

Ford goes local in India, aims for bigger slice of competitive market

November 6, 2018 admin Comments Off on Ford goes local in India, aims for bigger slice of competitive market

Ford Motor Co made a profit in India for the first time in a decade in the last fiscal year, signaling that a strategy conceived two years ago by the U.S. car manufacturer for one of the world’s most competitive car markets is starting to show some success.

…read more […]

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Business News

Asian shares inch up, investors brace for U.S. elections

November 6, 2018 admin Comments Off on Asian shares inch up, investors brace for U.S. elections

Asian shares ticked up in early Tuesday trade, supported by Wall Street gains although sentiment was tempered ahead of the U.S. midterm elections, the first major electoral test of President Donald Trump’s big tax cuts and hostile trade policies.

…read more […]

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Business News

GE in talks to sell commercial lighting unit to PE firm: Bloomberg

November 6, 2018 admin Comments Off on GE in talks to sell commercial lighting unit to PE firm: Bloomberg

General Electric Co is in talks to sell its commercial lighting business to private equity firm American Industrial Partners, Bloomberg reported on Monday, citing people familiar with the matter.

…read more […]

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Business News

Toymaker Lego wins court case against Chinese copycats

November 6, 2018 admin Comments Off on Toymaker Lego wins court case against Chinese copycats

Lego has won another case against imitators in China where copies of its colorful plastic toy bricks and figures have been a recurrent problem, the Danish toymaker said on Monday.

…read more […]

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Marriott cuts current-quarter forecast on weak North America demand

November 6, 2018 admin Comments Off on Marriott cuts current-quarter forecast on weak North America demand

U.S. hotel chain Marriott International Inc on Monday cut its fourth-quarter forecast for a key measure of hotel health, blaming uncertainty related to weak demand in North America, its biggest market.

…read more […]

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Third-quarter U.S. profit growth on track to be highest since 2010

November 6, 2018 admin Comments Off on Third-quarter U.S. profit growth on track to be highest since 2010

U.S. earnings growth for S&P 500 companies in the third quarter is on track to be the highest since 2010, eclipsing the strong results from earlier this year, according to IBES data from Refinitiv.

…read more […]

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GE dismisses talk that it may owe billions of dollars in taxes

November 5, 2018 admin Comments Off on GE dismisses talk that it may owe billions of dollars in taxes

General Electric Co on Monday downplayed concerns that its U.S. tax liabilities could increase by billions of dollars and that a decision by British tax authorities could saddle the company with an additional $1 billion tax bill.

…read more […]

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Wall Street boosted by financials, energy, defensive sectors

November 5, 2018 admin Comments Off on Wall Street boosted by financials, energy, defensive sectors

The S&P 500 rose on Monday with boosts from financial, energy and defensive sectors as investors showed some caution on the eve of U.S. congressional elections.

…read more […]

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Amazon hiring thousands of delivery drivers for holiday season

November 5, 2018 admin Comments Off on Amazon hiring thousands of delivery drivers for holiday season

Amazon.com Inc wants to hire thousands of seasonal delivery drivers to supplement services provided by the U.S. Post Office, United Parcel Service Inc , FedEx Corp and its own delivery partners, the company said on Monday.

…read more […]

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U.S. regulator demands companies take action to halt ‘robocalls’

November 5, 2018 admin Comments Off on U.S. regulator demands companies take action to halt ‘robocalls’

U.S. Federal Communications Commission Chairman Ajit Pai on Monday wrote the chief executives of major telephone service providers and other companies, demanding they launch a system to combat billions of “robocalls” and other nuisance calls received monthly by American consumers.

…read more […]

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Financials, energy push S&P 500 forward

November 5, 2018 admin Comments Off on Financials, energy push S&P 500 forward

The S&P 500 rose on Monday, with the biggest boosts coming from the financial, energy and defensive sectors as investors showed caution on the eve of U.S. congressional elections.

…read more […]

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Business News

FCC demands companies take action to halt ‘robocalls’

November 5, 2018 admin Comments Off on FCC demands companies take action to halt ‘robocalls’

Federal Communications Commission Chairman Ajit Pai on Monday wrote the chief executives of major telephone service providers and other companies, demanding they launch a system to combat billions of “robocalls” and other nuisance calls received monthly by American consumers.

…read more […]

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Business News

Amazon plans to split HQ2 evenly between two cities: WSJ

November 5, 2018 admin Comments Off on Amazon plans to split HQ2 evenly between two cities: WSJ

Amazon.com Inc is planning to split its second headquarters evenly between two locations rather than picking one city, the Wall Street Journal reported on Monday, citing a person familiar with the matter.

…read more […]

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U.S. stocks edge higher ahead of midterms, Fed; dollar falls

November 5, 2018 admin Comments Off on U.S. stocks edge higher ahead of midterms, Fed; dollar falls

Wall Street stock indexes mostly rose on Monday, the eve of U.S. midterm elections to determine whether President Donald Trump’s Republican party retains control of congress and also ahead of a meeting of Federal Reserve policy makers.

…read more […]

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