Business & Finance News
Margarita Louis-Dreyfus borrowed $1 billion from Credit Suisse last year to buy out minority shareholders of Louis Dreyfus Company (LDC), pledged her majority stake in the commodities trader as collateral, a company filing showed.
Oil prices edged up on Monday, after Brent touched above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.
Gains in Amazon and Alphabet helped New York’s S&P 500 stock index recoup early losses on Monday sparked by rising tensions in the Middle East.
Gold prices shot to almost seven-year highs on Monday while yields on U.S. Treasury and euro zone government debt fell as escalating U.S.-Iranian tensions spurred demand for safe-haven assets.
Ford Motor Co on Monday posted a 1.3% fall in fourth-quarter vehicle sales as soft demand for passenger cars outweighed stable sales of larger sport utility vehicles (SUVs) and pick-ups.
U.S. stocks fell for a second session on Monday, led by financial and technology stocks, as escalating tensions between the United States and Iran pushed investors toward safe-haven assets such as gold and government bonds.
Mexican airline Aeromexico said on Monday it had reached a compensation deal with Boeing Co related to the grounding of the planemaker’s 737 MAX aircraft, joining a growing list of global airlines settling with the U.S. company.
Oil prices jumped by about 1% on Monday, pushing Brent above $70 a barrel, as rhetoric from the United States, Iran and Iraq fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.
Mexican airline Aeromexico said on Monday it had reached a compensation agreement with Boeing Co in relation to the temporary grounding of the planemaker’s 737 MAX aircraft.
U.S. stocks opened lower on Monday as escalating tensions between the United States and Iran encouraged investors to seek refuge in safer assets such as gold and government bonds.
U.S. stocks were set fall for a second straight session on Monday as escalating tensions between the United States and Iran prompted investors to seek refuge in safer assets such as gold and government bonds.
From making cars talk using Alexa’s voice to managing data from factories full of robots, Amazon.com Inc wants a big piece of the action in transportation, and next week at CES will unveil more about its strategy to achieve that goal than ever before.
French car marker Renault said has hired former PSA research and development chief Gilles Le Borgne as head of engineering.
Ford Motor Co reported a 1.3% fall in sales for the fourth quarter in the United States, hurt by declining sales of passenger cars.
U.S. stock index futures slid on Monday as escalating tensions between the United States and Iran prompted investors to seek refuge in safer assets such as gold and government bonds.
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