Amazon.com Inc is in early talks with Go-Jek Group to buy a stake in the Indonesian ride-hailing startup, a source familiar with the matter told Reuters on Wednesday.
United Airlines said on Wednesday it is beginning the process of moving its 14 Boeing 737 MAX jets to short-term storage at Phoenix Goodyear Airport in Arizona, where weather conditions are more favorable to store aircraft.
United Airlines said on Wednesday it is beginning the process of moving its 14 Boeing 737 MAX jets to short-term storage at Phoenix Goodyear Airport in Arizona, where weather conditions are more favorable to store aircraft.
U.S. stock index futures fell on Wednesday after moves in the U.S. bond market returned investors to worrying about the risk of recession as a bruising U.S.-China trade war drags on.
Tiffany & Co beat quarterly profit estimates on Wednesday, as the luxury retailer cut marketing spending, sending its shares up nearly 3% before the bell.
World stocks slipped on Wednesday as a deepening inversion of the U.S. bond yield curve a day earlier reignited worries over the possibility of recession, sending investors towards perceived safe-haven assets from the Japanese yen to gold.
Tiffany & Co beat quarterly profit estimates on Wednesday, as the luxury retailer cut marketing spending, sending its shares up nearly 3% in trading before the bell.
A global shortage of pilots and mechanics is preventing some Canadian aviation service companies from meeting the needs of airlines and other customers scrambling to secure replacements for grounded Boeing 737 MAX jets.
Tiffany & Co reported a bigger-than-expected fall in quarterly same-store sales on Wednesday, hurt by lower tourist spending, a key source of revenue for luxury retailers.
Facebook Inc is tightening its political ad rules in the United States, it said on Wednesday, requiring new disclosures for its site and photo-sharing platform Instagram ahead of the U.S. presidential election in November 2020.
Alphabet Inc’s Google is shifting its Pixel smartphone production to Vietnam from China starting this year as it builds a cheap supply chain in Southeast Asia, the Nikkei business daily reported on Wednesday.
World stocks nudged down on Wednesday as deepening inversion of the U.S. bond yield curve a day earlier threw up reminders of looming recession risks, sending investors toward safe havens such as the Japanese yen and precious metals.
Costco Wholesale Corp said it will limit the number of shoppers at its new China store after overcrowding forced the U.S. big box retailer to shut it early on the opening day.
A key part of the U.S. yield curve, a closely-followed recession indicator, inverted further on Wednesday while 30-year Treasury yields fell to a few record low on growing concern about the fallout from a bitter global trade conflict.
Aramco Trading Company (ATC) sold its first-ever cargo of U.S. West Texas Light (WTL) crude, with a South Korean refiner the buyer, as the Saudi Aramco unit expands its U.S. oil dealings to boost trade volumes, four people familiar with the matter said.
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