Junk bonds suggest U.S. stocks may have further to run
U.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone’s throw of a record high.
U.S. stocks just wrapped up their best quarter in nearly a decade, coming within a stone’s throw of a record high.
World stocks rose for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while oil prices retreated after an unexpected rise in inventories.
Millions of Facebook Inc’s user records were inadvertently posted on Amazon.com Inc’s cloud computing servers in plain sight, researchers at cybersecurity firm UpGuard reported on Wednesday.
Lyft Inc shares had seen strong demand among short sellers on Tuesday even as borrowing fees surpassed that of other U.S. equities as investors rushed to bet against the loss-making ride hailing service, which has warned it may never be profitable.
Ethiopian authorities will deliver their first report on the crash of Ethiopian Airlines flight 302 on Thursday at 10:30 a.m. local time (0730 GMT), a source told Reuters.
U.S. stocks rose on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing and bullish reports lifted the semiconductor index to a record high.
U.S. services sector activity hit a more than 19-month low in March and private payrolls grew less than expected, underscoring a loss of momentum in the economy that supports the Federal Reserve’s move to suspend interest rate hikes this year.
Deutsche Bank and Commerzbank are divided over the pace of their merger talks, two people with knowledge of the matter said on Wednesday.
India’s Jet Airways has been forced to ground more than three quarters of its fleet after failing to pay lessors as it awaits bailout funds promised by state-run banks.
U.S. stocks rose on Wednesday, extending a strong start to the quarter as rising hopes of a trade deal with Beijing and bullish reports lifted the semiconductor index to a record high.
IKEA wants to roll out furniture rental to all its main markets in a bid to appeal to its increasingly environmentally conscious and transient customers.
Renault blocked former chief executive Carlos Ghosn’s pension on Wednesday, as the French carmaker said an internal probe had identified “questionable and concealed practices” by the fallen auto industry hero.
Blackstone Group LP, the world largest alternative asset manager, has raised over $22 billion for its latest buyout fund, setting it on course to be the private equity industry’s biggest ever, a person familiar with the matter said on Wednesday.
German automaker Daimler officially opened a Mercedes-Benz factory near Moscow on Wednesday at a ceremony attended by President Vladimir Putin, marking a rare foreign investment into Russia’s car industry.
World stocks climbed for a fifth session on Wednesday amid optimism over U.S.-China trade talks and for a softer British exit from the European Union, while an unexpected rise in inventories boosted oil prices toward $70 per barrel.
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