(Reuters) – U.S. stocks opened sharply lower on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy.
(Reuters) – U.S. stock index futures pointed to a lower open on Tuesday as investors switched cash into perceived safe havens of global financial markets due to a deepening political crisis in Italy.
(Reuters) – U.S. automobile sales are expected to decline 1 percent year-over-year in May, industry consultants J.D. Power and LMC Automotive said on Tuesday.
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Brent crude oil rose on Tuesday, paring losses triggered by expectations that Saudi Arabia and Russia could pump more crude to compensate for a potential supply shortfall. Brent crude futures (LCOc1) were up 57 cents on the day at $75.87 a barrel by 1200 GMT, while U.S. futures (CLc1) fell 89 cents to $66.99. Brent crude now commands its largest premium over U.S. futures in more than three years, meaning that U.S. exports are rapidly becoming far more competitive globally than those from northern Europe, Russia or parts of the Middle East. …read more […]
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(Reuters) – U.S. stock index futures fell on Tuesday led by bank stocks as investors moved to low-risk assets due to a deepening political crisis in Italy and a leadership challenge in Spain.
Bayer could be granted conditional U.S. antitrust approval for its planned takeover of Monsanto as soon as Tuesday, clearing a major hurdle for the $62.5 billion deal, a person familiar with the situation told Reuters. Bayer has already come to an agreement in principle on what it would take to win approval from the U.S. Department of Justice (DoJ), after adjusting the planned divestment of assets to include digital farming to assuage antitrust concerns. Both Bayer and the DoJ declined to comment. …read more […]
SHANGHAI (Reuters) – Alibaba Group Holding Ltd on Tuesday said it has led a consortium of investors to buy about 10 percent of Chinese courier ZTO Express (Cayman) Inc for $1.38 billion, as part of the e-commerce firm’s push into offline services.
Prospects for the brand are limited, but some exist. …read more […]
The fuel cell stock has popped since reporting first-quarter 2018 earnings. …read more […]
Partnering up with larger players will help this high-yield midstream player grow without diluting unitholders or breaking the bank. …read more […]
LONDON (Reuters) – A worsening political crisis in Italy provoked a second day of selling on European markets, with the euro cut to an 11-month low, stocks punished and short-term borrowing costs surging for the government in Rome.
Ready to bring your career to a close? Here’s what you’ll need to do first. …read more […]
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