Articles by admin

Oil prices slipped on Friday after the United States reported a 10th straight weekly gain in commercial crude reserves amid record output.

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Boeing Co is weighing plans to launch a software upgrade for its 737 MAX in six to eight weeks that would help address a scenario faced by the Lion Air crew during last month’s deadly crash in Indonesia, two people briefed on the matter said on Thursday.

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AT&T Inc said on Thursday it has committed to cutting its heavy debt load next year through a variety of measures, including a review of all of its non-core assets such as its stake in streaming video company Hulu for possible sale.

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The U.S. Federal Reserve looks set to make its second adjustment in six months to the systems it uses to control interest rates as it appears on course for yet another rate increase at its meeting next month.

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Japan’s stockbrokers are rubbing their hands ahead of SoftBank’s record-breaking $21 billion share sale, banking on the telco’s brand power and unprecedented marketing campaign to boost business in a country replete with IPO-hungry investors.

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Wall Street closed slightly lower on Thursday as tech and financial shares slumped, erasing earlier gains stemming from Federal Reserve minutes showing the central bank opened the debate on when to pause further interest rate hikes.

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Dell Technologies Inc reported a 15 percent rise in quarterly revenue on Thursday, as businesses were forced to upgrade their systems running on older Windows technology, as well as strong performance in software maker VMware Inc.

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With the Federal Reserve expected next month to raise rates to what some U.S. central bankers believe is at or near a neutral level, Chairman Jerome Powell is retuning his message to signal a more cautious approach on further rate hikes next year.

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Top executives from German carmakers Volkswagen , BMW and Daimler are finalizing plans for a White House meeting on trade policy next week, German and U.S. officials said on Thursday.

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Wall Street seesawed on Thursday, dragged down late in the day by technology and financial stocks, while the dollar and the U.S. yield curve flattened in the wake of U.S. Federal Reserve news.

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Dell Technologies Inc posted a 15 percent rise in quarterly revenue on Thursday, helped by businesses upgrading their systems ahead of Microsoft pulling the plug on Windows 7 support.

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HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported quarterly revenue that beat analysts’ estimates on Thursday, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung’s printer business.

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AT&T Inc forecast 2019 free cash flow above analysts’ expectations, as the No. 2 U.S. wireless carrier benefits from the acquisition of media company Time Warner.

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HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported quarterly revenue that beat analysts’ estimates, driven by growth in its personal systems that sells notebooks and desktops and the acquisition of Samsung’s printer business.

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