World stocks were set for their seventh straight day of losses on Monday, as investors nervy about the possibility of a prolonged U.S. government shutdown and a worsening global economy opted for the safety of bonds and gold.
South Korea-based carmaker Hyundai Motor Co. expects growth in the Russian auto market to slow sharply next year, the head of its Russian branch said on Monday.
Oil prices edged up on Monday after evidence that a recent fall to 15-month lows may be affecting output in the United States, the world’s largest producer, although concern about the outlook for demand tempered gains.
French insurer AXA’s 4,300 Swiss employees mistakenly got double their normal December salaries in a Christmas surprise that quickly fell flat when they learned they would not be allowed to keep the extra cash.
Oil markets rose on Monday on signs that the recent price plunge may start crimping supply from the United States, currently the world’s biggest crude producer, though concerns about the global economy continued to weigh.
On the sidewalks of Shanghai and Beijing, once bright-yellow Ofo bicycles lie in varying states of disrepair – chains unhooked, wheels buckled and paint starting to fade – reflecting the quick rise and sharp fall of the Chinese bike-sharing startup.
South Korea’s transport ministry said it would file a complaint against German luxury carmaker BMW with prosecutors for allegedly delaying recalls and concealing defects that led to several engine fires in the country this year.
Oil prices rose more than 1 percent on Monday on signs that the recent price plunge may start crimping supply from the U.S., currently the world’s biggest oil producer, though concerns about global economy continues to weigh.
Asian stocks were subdued on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of faltering.
Oil prices dipped on Monday ahead of the Christmas holiday break, adding to last week’s steep losses on concerns about a global oversupply.
Asian stocks started in subdued fashion on Monday as investors fretted that political instability in the United States was leaving the country rudderless at a time when the global economy was showing signs of faltering.
U.S. equity index futures were little changed late on Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump has privately discussed firing the head of the U.S. Federal Reserve.
U.S. President Donald Trump’s Treasury secretary called top U.S. bankers on Sunday amid an ongoing rout on Wall Street and made plans to convene a group of officials known as the “Plunge Protection Team.”
U.S. President Donald Trump’s Treasury secretary called America’s top bankers on Sunday and said he got reassurances about the health of the nation’s banks amid an ongoing rout on Wall Street.
U.S. equity index futures dropped late Sunday as electronic trading resumed to kick off a holiday-shortened week following reports over the weekend that President Donald Trump has privately discussed firing the head of the U.S. Federal Reserve.
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