Asian share markets pared early losses on Monday as Chinese stocks swung higher for a second session and helped offset geopolitical concerns over Saudi Arabia, Italy and Brexit.
Oil prices edged up on Monday, as markets were expected to tighten once U.S. sanctions against Iran’s crude exports are implemented next month.
Oil prices were stable on Monday, supported by supply concerns ahead of the start of U.S. sanctions against Iran’s crude exports, but held back by rising drilling activity in the United States.
A company owned by Elon Musk that is trying to lower the cost of building high-speed transit tunnels is nearing completion on the first tunnel, Musk said on Twitter on Sunday.
Sears Holdings Corp Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday.
Asian share markets fell anew on Monday as investors braced for the peak of the U.S. earnings season while angst over Saudi Arabia, Italy and Brexit kept geopolitics front and center.
The outlook for global growth in 2019 has dimmed for the first time, according to Reuters polls of economists who said the U.S.-China trade war and tightening financial conditions would trigger the next downturn.
CBS Corp interim chairman Richard Parsons has resigned from the board for reasons of ill health about a month after joining, the company said in a statement on Sunday.
CBS Corp interim chairman Richard Parsons has resigned from the board, the company said in a statement on Sunday.
Investors are turning against Australia’s big banks as earnings tumble, growth plans are abandoned, and fee income cut in the fallout from a powerful financial sector misconduct inquiry and more challenging economic conditions.
Fiat Chrysler (FCA) has agreed to sell its Magneti Marelli unit to KKR’s Calsonic Kansei, two sources familiar with the matter said on Sunday, adding the deal would be announced on Monday.
Canadian airplane maker Bombardier Inc has sued the aircraft unit of Japan’s Mitsubishi Heavy Industries Ltd , saying former Bombardier employees passed on trade secrets to help Mitsubishi’s oft-delayed regional jet project.
The CEO of Mitsubishi UFJ Financial Group’s banking arm will not attend the Future Investment Initiative conference in Saudi Arabia, the group said on Sunday, joining a growing list of business executives to withdraw over concern about the death of journalist Jamal Khashoggi.
Audi’s first electric sport utility vehicle (SUV) will hit showrooms four weeks later than planned because of a software development issue, a spokesman for the German luxury car brand said on Sunday.
China must balance the need for stable growth while managing risks and maintain a prudent and neutral monetary policy, the State Council, the country’s cabinet, said on Sunday following a meeting of top economic and financial policymakers.
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