Month: January 2019

Oil prices fell more than 2 percent on Tuesday on signs that an economic slowdown in China is spreading, stoking concerns about global growth and fuel demand.

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British ferry and shipping freight operator P&O will shift the registration of its UK vessels to Cyprus ahead of Britain’s departure from the European Union, in part to keep its tax arrangements in the bloc, the company said on Tuesday.

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Brazil’s new president, Jair Bolsonaro, threw out the welcome mat for big business and major investors on Tuesday, telling a summit of CEOs in Davos that his government would make the country one of the top 50 in which to do business.

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Swiss Federal Railways said it would not take new trains from Bombardier until the Canadian company fixes the ones already in service, raising questions over the timing of future deliveries for the 1.9 billion Swiss franc ($1.9 billion) contract.

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Saudi Aramco is talking to credit rating agencies ahead of its landmark bond deal, the chief executive of Saudi Arabia’s state-owned oil company told Bloomberg television.

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U.S. stocks opened lower on Tuesday after rallying for four straight weeks, as fears of a global economic slowdown resurfaced after the International Monetary Fund trimmed its growth outlook in a week of heavy corporate earnings.

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When Bob Dylan skipped his acoustic guitar and “went electric” on stage in 1965, it was with a Stratocaster model from Fender Musical Instruments Corp [FNDR.UL], considered by many the quintessential rock ‘n’ roll electric instrument.

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UBS warned of a tough start to 2019, after reporting an outflow of funds from its flagship wealth management business at the end of last year, sending a shiver through the European banking sector.

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U.S. fast food giant Taco Bell is opening its first outlet in Thailand, continuing the Yum! Brands chain’s Asia expansion, offering adapted menu items and local beer.

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Renault has called a board meeting to replace Chairman and Chief Executive Carlos Ghosn, in a move that may begin to ease tensions with alliance partner Nissan in the wake of Ghosn’s arrest in Japan for alleged financial misconduct.

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British ferry and shipping freight operator P&O will re-flag its entire UK registered fleet to Cyprus ahead of Britain’s departure from the European Union to keep tax arrangements in the bloc, the company said on Tuesday.

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EBay Inc shareholder Elliott Management Corp on Tuesday urged the e-commerce platform to restructure its business and sell some businesses to double its market value in the next two years.

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Brazilian investors’ association Abradin said it would file a lawsuit claiming a proposed tie-up between U.S. planemaker Boeing Co and Embraer SA should come with a public tender offer, escalating its fight against the proposed deal.

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China’s Huawei Technologies will call for a quick resolution of the case regarding its detained executive in Canada who is accused of violating U.S. sanctions on Iran, the company’s chairman, Liang Hua, said on Tuesday.

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British bank Barclays has warned nearly 300 staff they could face redundancy or relocation from its Millshaw Court call center in Leeds, northern England, following unspecified “changes to its business”.

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