Business & Finance News
Russia’s Sberbank plans to continue its partnership with Yandex even though it has transferred its ‘golden share’ in the country’s leading internet company to another entity, Sberbank’s Chief Executive German Gref told Reuters.
Saudi Aramco said on Wednesday a new agreement between Saudi Arabia and Kuwait paves the way for the resumption of oil production in a zone shared between the two countries.
China says it is in close touch with the United States on a trade deal signing ceremony, after U.S. President Donald Trump said on Tuesday that he and Chinese President Xi Jinping will have a ceremony to sign the recently struck Phase 1 trade deal.
China’s November soybean purchases from the United States surged from a year earlier, data showed on Wednesday, as cargoes booked by importers with tariff-free quotas cleared customs.
Chile’s finance minister has sought to downplay a row between the government and the construction and engineering arm of South Korean giant Hyundai over a $740 million suspension bridge, saying disputes in such mega projects were “quite common.”
Beleaguered Boeing Co is putting its future in the hands of a turnaround veteran who has led several companies in crisis, cut his teeth at engine maker General Electric Co and has spent a decade on the board of the world’s largest planemaker.
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China’s latest policy easing pledge added to investor optimism.
Boeing Co documents now under review by a U.S. government committee appear to point to a “very disturbing” picture of commentary from the planemaker’s employees over the grounded 737 MAX aircraft, a House of Representatives transportation infrastructure committee aide said on Tuesday.
The S&P 500 and the Dow industrials slipped in a shortened, pre-Christmas session on Tuesday, as investors paused after a record-setting rally fueled by improving U.S.-China trade relations that has put the market on course for its best year since 2013.
The S&P 500 ended little changed in a shortened, pre-Christmas session on Tuesday, as investors paused after a record-setting rally fueled by improving U.S.-China trade relations that has put the market on course for its best year since 2013.
Boeing Co documents now under review by a U.S. government committee appear to point to a “very disturbing” picture of commentary from the planemaker’s employees over the 737 MAX aircraft, a House of Representatives transportation infrastructure committee aide said on Tuesday.
Gold surged past $1,500 an ounce and a gauge of global equity markets hovered near record highs on Tuesday in a year-end rally spurred by hopes of a U.S.-Sino Phase 1 trade deal and as China’s latest policy easing pledge added to investor optimism.
Wall Street hovered near record highs on Tuesday ahead of Christmas break as investors paused after a rally that was fueled by improving U.S.-China trade relations and optimism about the health of the domestic economy.
Travis Kalanick, the pugnacious co-founder of Uber, has severed his last ties with the ride-services company, resigning from the board and selling all his shares as he turns his focus to a new venture creating “ghost kitchens” for food delivery services.
Wall Street dipped from near-record levels heading into the Christmas break on Tuesday, as investors paused after a rally propelled by improving U.S.-China trade relations and lingering optimism about the health of the domestic economy.
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