This weekend marks a year since the start of one of most comprehensive global bear markets on record, but just as the developing world’s equity indexes were first to fold last year, now they are leading the charge back up.
Siemens and Alstom on Friday beefed up concessions aimed at allaying EU antitrust concerns about their rail merger deal, a person familiar with the matter said, in a belated and possibly futile move to stave off an EU veto against the deal.
Ireland’s Data Protection Commission is investigating Twitter’s compliance with GDPR obligations to implement measures to ensure the safety and safeguarding of the personal data it processes, the commission said on Friday.
The European arm of U.S. credit card group VISA has paid 13.2 million euros ($15 million) to settle a dispute in Italy over alleged tax evasion, a judicial document filed by Milan prosecutors showed.
Delta Air Lines said on Friday it had decided to postpone the debut of its Airbus A220 due to delays in the Federal Aviation Administration certification process, which has stalled during the partial U.S. government shutdown.
Oil prices edged higher on Friday as political turmoil in Venezuela threatened to tighten crude supply, but concerns over surging U.S. fuel stocks and global economic woes weighed on sentiment.
Wall Street indexes rallied and bond yields followed stocks higher on Friday on hopes U.S. lawmakers would reach an agreement to end the longest government shutdown in history.
The union representing autoworkers at General Motors’ Oshawa, Ontario plant called on Canadian and U.S. consumers on Friday to stop buying GM cars made in Mexico, the latest tactic in its campaign to get the automaker back to the bargaining table.
U.S. stocks surged on Friday, as upbeat earnings reports helped investors put aside growth worries, with hopes of a resolution to the lengthy U.S. government shutdown fueling optimism.
D.R. Horton Inc held out hope on Friday of improved demand for its homes in the spring selling season after a tough few months where higher prices and mortgage rates kept some buyers out of the market.
South African media and e-commerce Naspers said it was in talks to increase its stake in Avito, confirming a Reuters report that the group was close to taking control of Russia’s largest classified advertising platform.
Impatient with a lack of World Trade Organization rules on the explosive growth of e-commerce, 76 members – including the United States, China, the European Union and Japan – agreed on Friday to start negotiating a new framework.
Oil prices rose on Friday as political turmoil in Venezuela threatened to reduce supply but fresh data on surging U.S. fuel stocks and global economic woes weighed on sentiment.
The Canadian union representing autoworkers at General Motors’ Oshawa, Ontario plant on Friday called on the U.S. automaker to extend production at the site to September 2020 and return to the negotiating table.
Payday lenders’ stocks have emerged as big winners during the record-long U.S. government shutdown, though the updraft could prove short-lived.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
