Business & Finance News
Asian shares edged lower on Tuesday as earnings season nerves in the U.S. dented Wall Street, while a cocktail of negative factors from Saudi Arabia’s diplomatic isolation to concerns over Italy’s budget and Brexit talks depressed sentiment.
A U.S. judge conditionally denied Bayer AG-unit Monsanto’s motion to receive a new trial on the $250 million punitive damages portion of a recent jury verdict that found the company’s glyphosate-based weed-killers, including RoundUp, responsible for a man’s terminal cancer.
Cameron Poetzscher, who oversaw a string of high-profile deals at Uber Technologies Inc [UBER.UL], has resigned, weeks after a report on allegations of sexual misconduct against him at the ride-hailing firm.
The S&P 500 and the Dow fell in choppy trading on Monday as energy and financial stocks lost ground and caution grew ahead of a slew of earnings reports this week.
U.S. stocks closed lower after choppy trade on Monday, as some investors showed signs of earnings season nerves, while political worries in Europe led the dollar to strengthen against the euro and sterling.
Uber Technologies Inc’s head of corporate development Cameron Poetzscher has resigned, the Wall Street Journal reported on Monday, weeks after the newspaper reported allegations of sexual misconduct against him at the ride-hailing firm.
The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks, and as caution grew ahead of a slew of earnings this week.
It’s not the U.S. economy, stupid. It’s China’s.
Gilberto Benetton, a co-founder of Italian clothing retailer United Colors of Benetton who masterminded the family empire’s diversification into construction, transport and catering, has died at the age of 77.
U.S. stocks were slightly lower in choppy trade on Monday as some investors showed earnings season nerves and the dollar strengthened, while long-dated U.S. Treasury prices edged higher.
The S&P 500 and Dow slipped in choppy trading on Monday following losses in energy and financial stocks but gains in technology sectors helped limit losses and lifted the Nasdaq.
U.S. equity short sellers are rooting for a Republican sweep of Congress in U.S. elections on Nov. 6, which are seen as partly a vote on President Donald Trump’s pro-business policies, a leading Wall Street short seller said on Monday.
British chip designer Arm Holdings Chief Executive Officer Simon Segars has pulled out of the Saudi Arabia investment conference this week, a source familiar with the matter told Reuters on Monday.
Greece’s largest carrier Aegean Airlines picked U.S. engine maker Pratt & Whitney to power up to 62 Airbus A320neo aircraft, the carrier said on Monday.
Gilberto Benetton, one of the co-founders of the Italian clothing retailer Benetton Group, has died, sources with knowledge of the matter said on Monday.
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