Business & Finance News
U.S. stock index futures treaded water on Tuesday, a day after Wall Street closed at record highs, as investors waited for the latest on the trade talks between the United States and China.
Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%.
London Stock Exchange shareholders met on Tuesday to vote on the exchange’s $27 billion takeover of analytics and data company Refinitiv, a deal designed to broaden LSE’s trading business and make it a major distributor of market data.
World stocks edged off their highest in almost two years on Tuesday, but kept record levels in sight, following fresh signs that the United States and China were working to end a trade war dragging on the global economy.
Talks with labor representatives on cutting costs at Volkswagen’s luxury car unit Audi are making progress, an Audi spokesman said on Tuesday.
How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.
Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world’s biggest oil users, and predictions of a draw in U.S. crude inventories.
Just Eat shareholder Cat Rock Capital on Tuesday urged investors to back an all-share merger with Takeaway.com , saying it believed the combination could create a company worth 1,200 pence a share in little more than a year.
Alibaba Group’s Hong Kong shares closed their first trading session up 6.6% from the issue price after this year’s largest stock sale.
World stocks hit their highest in almost two years on Tuesday, keeping record highs in sight, following fresh signs that the United States and China were working to end a bitter trade war that has dealt a blow to the global economy.
South Korea’s Hyundai Motor said on Tuesday it has signed a preliminary deal to build a new factory in Indonesia, which would be its first car plant in Southeast Asia and a crack at Japanese rivals that dominate the market.
French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy program and the boost from its acquisition of Japanese company Clarion, lifting its shares.
Oil prices slipped on Tuesday on concerns about economic growth and fuel demand as uncertainty remains about the ability of the United States and China, the world’s biggest oil users, to agree a preliminary deal to end their trade war.
Fiat Chrysler and Peugeot-owner PSA told their employees they would sign a binding merger agreement in coming weeks.
French car parts maker Faurecia said it was targeting record sales, profits and cash generation in 2022 as a result of its strategy program and the boost from its acquisition of Japanese company Clarion.
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