Business & Finance News
Oil prices were little changed on Monday as market participants weighed potential supply cuts from U.S. sanctions on Iran with deepening trade tensions between the United States and China that could dent global crude demand.
United Parcel Service Inc would hire about 100,000 temporary employees for the crucial holiday season beginning in November, the U.S. package delivery company said on Monday.
Saudi Arabia’s Public Investment Fund said on Monday it had agreed to invest more than $1 billion in Silicon Valley-based Lucid Motors to produce electric vehicles.
DowDuPont Chief Executive Edward Breen will oversee the specialty-products unit that carries most of the company’s legacy DuPont operations after the chemicals major splits back into three different businesses, the company said on Monday.
U.S. stock markets were lower on Monday as technology names such as Apple and Amazon.com fell, bearing the brunt of expectations President Trump will make good on threats to set new tariffs on $200 billion of Chinese goods, and that Beijing will retaliate.
Coca Cola Co said on Monday it was closely watching the growing marijuana-infused drinks market, responding to a media report that the world’s largest beverage maker was in talks with Canada’s Aurora Cannabis Inc .
Oil prices rose on Monday as investors focused on the impact of U.S. sanctions on Iran despite assurances by Washington that Saudi Arabia, Russia and the United States could together raise output fast enough to offset falling supplies.
Coca Cola Co said on Monday it was closely watching the growing marijuana-infused drinks market, responding to a media report that the world’s largest beverage maker was in talks with Canada’s Aurora Cannabis Inc .
Citigroup Inc has hired three investment bankers for its technology investment banking group focused on software in the United States and in Europe, according to a memo published internally at the bank and confirmed by a spokeswoman on Monday.
The S&P 500 and the Dow Jones Industrial Average opened flat on Monday, while the Nasdaq dipped as shares of Apple and chipmakers fell on fears that President Trump will make good on threats to set new tariffs on Chinese goods.
U.S. stock markets were set to open lower on Monday, with Apple and chipmakers bearing the brunt of expectations President Trump will make good on threats to set new tariffs on $200 billion of Chinese goods, and that Beijing will retaliate.
Tyson Foods Inc on Monday said Chief Executive Officer Tom Hayes would leave the company and named long-time insider Noel White as his replacement.
Ferrari’s new boss has his work cut out on Tuesday to convince investors that the supercar maker can hit mid-term targets he described last month as “aspirational”.
Amazon.com Inc said on Monday it was investigating suspected internal leaks of confidential information by its employees for bribes to remove fake reviews and other seller scams from its website.
Coca-Cola Co is in talks with cannabis producer Aurora Cannabis Inc to make marijuana-infused beverages, Canadian news service BNN Bloomberg reported on Monday.
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