U.S. stocks headed lower on Monday, following the S&P 500’s seven-day winning streak, as Boeing’s shares took a hit and investors braced for what could be the first decline in corporate earnings since 2016.
Luxembourg-Based Banque Havilland on Monday denied that it had engaged in action designed to weaken Qatar’s economy.
“Very serious” delays in exporting goods over the U.S.-Mexico border are impacting the auto industry, Eduardo Solis, the president of the Mexican Auto Industry Association (AMIA), said on Monday.
EU data protection authorities are investigating whether the European Commission and other EU institutions comply with the bloc’s strict data privacy rules in their software deals with Microsoft.
President Donald Trump last week called on the U.S. Federal Reserve to start building up its war chest of bonds again. He may get his wish – though not for the reason he wants.
NEW YORK – A gauge of global equities was mostly flat on Monday as another drop in Boeing shares and concerns U.S. companies will report a decline in earnings for the first time in three years were offset by rising crude prices that lifted oil shares.
Saudi Aramco has received bids for more than three times the $10 billion it was expected to raise in a debut international bond issue, which is being watched as a gauge of potential investor interest in the oil company’s eventual initial public offering.
Two shareholder advisers have recommended Credit Suisse shareholders vote against the Swiss bank’s compensation report and a third backed the report while expressing reservations about whether management pay matched performance.
Daniel Loeb’s hedge fund Third Point LLC is building a stake in Sony Corp to push for changes, the second time in six years it has targeted the Japanese electronics maker, people familiar with the matter said on Monday.
The U.S. Federal Reserve on Monday proposed a new regulatory regime for 23 foreign banks operating in the U.S. that could make life easier for some lenders, while tightening up rules for more risky foreign firms.
Oil prices rose to a five-month high on Monday, driven by expectations for tighter global supply from fighting in Libya, OPEC-led cuts and U.S. sanctions against Iran and Venezuela.
A London jury has been discharged in a landmark fraud trial of four former Barclays executives accused of paying Qatar undisclosed fees to help rescue the bank at the height of the credit crisis in 2008.
Italian-American automaker Fiat Chrysler Automobiles NV has agreed to pay $110 million to settle a lawsuit alleging it misled U.S. investors over excess diesel emissions and failed to comply with federal safety regulations, court records show.
U.S. stocks pulled back on Monday after the S&P 500’s seven-day winning streak, as Boeing shares fell and investors braced for what could be the first decline in corporate earnings since 2016.
Southwest Airlines Co said on Monday it was pulling out all Boeing Co’s 737 MAX jets from its flight schedules https://swa.is/2FRH8Ow through June 7, extending its earlier timeline by a week.
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