Month: January 2019

Oil prices inched up on Tuesday amid supply cuts by producer club OPEC and Russia, although the darkening economic outlook capped gains.

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Asian shares were on back foot on Tuesday as an unexpected drop in China’s exports heightened worries about the global economy while the British pound braced for a showdown in parliament over the government’s Brexit plan.

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World stock indexes fell on Monday after a surprise contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets.

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U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.

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An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett’s famous wager on global stocks more than a decade ago.

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U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off.

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Air Canada is interested in further developing the use of narrowbody aircraft to serve the transatlantic market and would look at both Airbus and Boeing models, a senior executive said.

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General Motors Co’s strategy to make its luxury Cadillac marque its lead electric vehicle brand is the automaker’s final opportunity to turn the unit around and make it a success, a top executive said on Monday.

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U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicks off.

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Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model.

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Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is costing the industry.

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One of the rare market bright spots last year, the U.S. healthcare sector remains a Wall Street darling despite a slow start to 2019.

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Nissan expects alliance partner Renault’s board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker’s investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview.

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Citigroup Inc said it would earn $2 billion more in revenue from its lending activities this year than in 2018 as it reported better than expected fourth-quarter earnings, sending its shares more than 4 percent higher.

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Newspaper chain MNG Enterprises Inc , controlled by secretive hedge fund Alden Global Capital LLC, on Monday offered to buy Gannett Co Inc in a $1.36 billion deal to add the USA Today and scores of other newspapers to its stable of regional publications.

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