As you might know, Chevron Corporation (NYSE:CVX) last week released its latest yearly, and things did not turn out so… …read more […]
(Bloomberg) — U.S. equity futures rose on Tuesday while European shares fluctuated as the selloff that wiped out this year’s gains in global stocks showed signs of easing. Treasuries were steady and the dollar slipped.Contracts on all three major U.S. indexes rose, though they pared early gains that suggested American markets are poised to claw back just a fraction of Monday’s slump. Declines in carmakers and banks dragged the Stoxx Europe 600 index lower after a modest advance at the open. Ten-year Treasury yields held near record lows, while European bonds were mixed. Crude oil steadied after Monday’s near-4% drop.Japanese …read more […]
Britain’s biggest retailer Tesco has completed its exit from China with the sale of a 20% stake in a joint venture to a unit of its state-run partner China Resources Holdings (CRH), raising 275 million pounds ($357 million).
Amazon.com Inc is bringing its cashier-less store technology to a larger stage.
Oil climbed on Tuesday as investors sought bargains after crude benchmarks slumped almost 4% in the previous session, although concerns about the coronavirus spreading out of China and curbing major economies and fuel demand capped gains.
Southeast Asia’s Grab said Japan’s Mitsubishi UFJ Financial Group Inc (MUFG) and IT services firm TIS Inc have agreed to invest a combined $856 million in the ride-hailing firm, as it seeks to expand aggressively into financial services.
ANA Holdings Inc said it will buy 15 more Boeing Co 787 Dreamliners worth $5 billion at list prices, the first commercial order announcement for the U.S. planemaker this year as it wrestles with the grounding of the smaller 737 MAX.
Japan will add exemptions to new foreign investment restrictions for companies exposed to sensitive national security issues, government sources said, in a move aimed at keeping overseas capital in the country.
“Cryptocurrencies basically have no value and they don’t produce anything,” Buffett told CNBC in an interview on Monday. “I don’t have any cryptocurrency and I never will,” Buffett added.The post Warren Buffett says he will ‘never’ own any cryptocurrency appeared first on The Block. …read more […]
(Bloomberg) — The ghastly prospect that the coronavirus outbreak could become the first truly disruptive pandemic of the globalization era is renewing doubts over the stability of the world economy.With the death toll approaching 3,000, over 80,000 cases officially recorded and an outbreak in Italy now shutting down the richest chunk of its economy, some economists are beginning to war game what an untethered outbreak could mean for global growth.Those at Oxford Economics Ltd. reckon an international health crisis could be enough to wipe more than $1 trillion from global gross domestic product. That would be the economic price tag …read more […]
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc , as it seeks to expand aggressively into financial services.
Southeast Asian ride hailer Grab is raising $706 million from Mitsubishi UFJ Financial Group Inc (MUFG) and $150 million from Japanese IT services firm TIS Inc, as it seeks to expand aggressively into financial services.
The emergency plans of UBS and Credit Suisse to deal with a financial crisis are effective, Switzerland’s regulator FINMA said on Tuesday.
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