Goldman Sachs Group Inc named three new executives to its management committee, the co-presidents of the bank’s Asia Pacific region and its global treasurer, according to a memo sent by bank leaders on Tuesday.
U.S. stocks eked out gains on Tuesday, helped by technology stocks, but the likelihood of a protracted trade war between the United States and China kept investors on the sidelines.
A slight gain in benchmark U.S. indices early on Tuesday was not enough to turn global stock markets higher as concerns about Italy’s budget and the fate of U.S.-China trade talks continued to weigh on investor sentiment.
Chinese telecom company Huawei held on to its spot as the world’s second biggest smartphone vendor in the first quarter, before being blacklisted by the United States, research and advisory firm Gartner said.
Mediterranean Shipping Co (MSC) and CMA CGM, two of the world’s biggest container shipping groups, are to join market leader Maersk in a blockchain platform aimed at limiting a costly paper trail in the industry.
Consumer confidence jumped in May as households grew more upbeat about the labor market, suggesting the economy remained on solid ground despite recent signs that activity was slowing.
Nissan found out about Renault’s merger talks with Fiat Chrysler just days before they became public, four sources told Reuters, stoking fears at the Japanese carmaker that a deal could further weaken its position in a 20-year alliance with Renault.
U.S. stocks rose slightly at open on Tuesday, led by technology stocks, but gains were muted amid signs that United States and China were far from reaching a trade deal.
General Electric (GE) may cut more than 1,000 jobs in France, which could set the U.S. company on a collision course with the French government which has consistently urged GE not to cut French jobs.
Vegan burger maker Beyond Meat Inc said on Tuesday it would begin making its plant-based meats in Europe next year, in an effort to expand production outside the United States.
Wall Street was set for a subdued open on Tuesday after an extended weekend, as investors remained on edge after President Donald Trump signaled that the United States and China were far from a trade deal.
Ten years on from the global financial crisis caused by a crash in bonds tied to U.S. home loans, Britain’s Barclays is betting a return to that market can bring in bumper revenues to fortify its investment bank.
Chinese telecom company Huawei held on to its spot as the world’s second biggest smartphone vendor in the first quarter, despite being blacklisted by the United States, research and advisory firm Gartner said.
Two of the world’s biggest shipping groups will join a Maersk led blockchain platform aimed at boosting efficiency and limiting the enormous paper trail of global container shipping.
Stuttgart prosecutors on Tuesday said Porsche AG’s offices were searched as part of a broader probe investigating confidential information leaks to a tax advisor and high remuneration payments to a Porsche works council member.
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