The home-price index from real estate data provider CoreLogic showed national yearly price growth of 7% in March. Annual price gains have averaged 6.5% so far in 2018, up from an average of 5.9% last year. CoreLogic said lopsided supply-demand dynamics are to blame. …read more […]
LONDON (Reuters) – Forecast-beating results from the world’s biggest company, Apple, lifted tech shares on Wednesday, putting Wall Street on track for a firmer session despite some trepidation over a Fed meeting later in the day.
BRUSSELS (Reuters) – EU antitrust regulators are set to give conditional approval to U.S. aerospace and industrial company United Technologies Corp’s $23 billion bid for avionics maker Rockwell Collins, people familiar with the matter said on Wednesday.
ZURICH (Reuters) – Swiss food group Nestle has clinched an agreement with European retailers to settle a months-long pricing row and get its products back on sale, the world’s biggest packaged food maker said on Wednesday.
These two big pharma stocks have a lot in common. But only one is the better choice right now. …read more […]
ZURICH (Reuters) – Swiss food group Nestle confirmed on Wednesday it had reached an agreement with European retailers to settle a months-long pricing row.
LONDON (Reuters) – World stocks inched higher on Wednesday after two days of losses but remained pinned down by the dollar’s recent surge and expectations that a U.S. Federal Reserve meeting later in the day will signal further policy tightening ahead.
RIYADH (Reuters) – Saudi Arabia’s stock exchange (Tadawul) is ready from a regulatory and technical point of view to handle a listing of Saudi oil giant Aramco, the chief executive said on Wednesday.
(Reuters) – Amazon.com Inc has made a formal offer to buy a 60 percent stake in Indian online retailer Flipkart, CNBC-TV18 reported on Wednesday, citing sources.
HONG KONG/LONDON (Reuters) – Standard Chartered Plc beat expectations with a 20 percent rise in first quarter pre-tax profit on Wednesday, but disappointing income showed the long road ahead for its returns to hit targets after years of restructuring.
ZURICH (Reuters) – Swiss technology group OC Oerlikon said some financial institutions still required explanations over the United States sanctions slapped on its largest shareholder, Russian oligarch Viktor Vekselberg.
NEW YORK/TOKYO (Reuters) – Xerox Corp said its CEO and most of its board will step down to settle a suit brought by shareholders Carl Icahn and Darwin Deason, with new management planning to look at restructuring or terminating a contentious deal with Fujifilm Holdings .
SINGAPORE (Reuters) – Asian equities eased on Wednesday, while the dollar traded near a four-month high as investors count down to the U.S. Federal Reserve’s upcoming policy statement for clues on the future pace of U.S. monetary tightening.
BEIJING (Reuters) – Chinese President Xi Jinping’s top economic adviser, Vice Premier Liu He, will meet a top-level U.S. trade delegation in Beijing this week, state media said on Wednesday, amid a festering dispute between the world’s two largest economies.
(Reuters) – U.S. electric utilities are expected to shut hundreds more of their coal-fired power generators in the coming years, extending a long trend away from coal and toward natural gas that has cast a pall over the mining industry.
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