NEW YORK (Reuters) – The Nasdaq fell and S&P 500 was flat Tuesday after hitting all-time highs in the previous session as shares of Google-parent Alphabet tumbled following a revenue miss and Apple dropped ahead of its results. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April
(Reuters) – U.S. President Donald Trump, three of his children and one of his companies filed a federal lawsuit Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings. FILE PHOTO: The Deutsche Bank headquarters are pictured in Frankfurt, Germany, April 25, 2019.
SHANGHAI (Reuters) – Shares in Asia fell on Tuesday as readings on China’s manufacturing activity failed to meet expectations, underscoring weakness in the world’s second-largest economy despite Beijing’s attempts to spur growth. FILE PHOTO: An investor looks at an electronic board showing stock information at a brokerage house in Shanghai, China July 6, 2018. REUTERS/Aly
CHICAGO (Reuters) – Boeing Co CEO Dennis Muilenburg, facing tough questions after two fatal crashes of the 737 MAX plane, emerged with his job intact at an annual meeting on Monday and promised at a tense news conference to win back the public’s trust. Battling the biggest crisis of his nearly four-year tenure as chief
DUBAI (Reuters) – Dubai state-owned airline Emirates will report “positive” full-year results next month but they will not be as good as in previous years due to higher fuel costs and unfavourable currency moves, the company’s president said on Monday. FILE PHOTO: Emirates Airline Boeing 777-300ER planes are seen at Dubai International Airport in Dubai,
SINGAPORE (Reuters) – Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran. FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is seen inside their
FILE PHOTO: The logo of the Brucutu mine owned by Brazilian mining company Vale SA is seen in Sao Goncalo do Rio Abaixo, Brazil February 4, 2019. REUTERS/Washington Alves/File Photo SAO PAULO (Reuters) – Minority shareholders of Brazilian iron ore miner Vale SA have enough votes to request that board members be elected independently using
FILE PHOTO: Empty seats are seen as SAS pilots go on strike at Oslo Airport in Gardermoen, Norway April 26, 2019. NTB Scanpix/Ole Berg-Rusten via REUTERS STOCKHOLM (Reuters) – Scandinavian airline SAS canceled more than 1,200 flights scheduled for Monday and Tuesday as a pilot strike that has already affected tens of thousands of travelers
U.S. President Donald Trump meets with Japan’s Prime Minister Shinzo Abe in the Oval Office at the White House in Washington, U.S., April 26, 2019. REUTERS/Kevin Lamarque WASHINGTON (Reuters) – U.S. President Donald Trump pressed Japanese Prime Minister Shinzo Abe to have Japanese automakers produce more vehicles in the United States, according to a readout
STOCKHOLM/OSLO (Reuters) – Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of passengers. An information board displays cancelled flights as SAS pilots go on strike at Oslo Airport in Gardermoen, Norway April 26, 2019. NTB Scanpix/Ole Berg-Rusten
TOKYO (Reuters) – Renault will propose a plan to create a joint holding company that would give the French carmaker and Japanese partner Nissan equal footing, a person with knowledge of the issue told Reuters. FILE PHOTO: The logos of car manufacturers Renault and Nissan are seen in front of a common dealership of the
NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk has reached a deal with the U.S. Securities and Exchange Commission to settle a dispute over his use of Twitter, agreeing to submit his public statements about the company’s finances and other topics to vetting by its legal counsel, according to a court filing on
NEW YORK (Reuters) – Oil prices sank more than 3 percent on Friday after U.S. President Donald Trump again pressured the Organization of the Petroleum Exporting Countries to raise crude production to ease gasoline prices. FILE PHOTO: The sun sets behind an oil pump outside Saint-Fiacre, near Paris, France March 28, 2019. REUTERS/Christian Hartmann Profit-taking
NEW DELHI/MUMBAI (Reuters) – The grounding of India’s Jet Airways is turning into a quick windfall and long-term opportunity for international airlines keen to scoop up nearly a million outbound passengers from what was once the nation’s biggest airline. FILE PHOTO: Jet Airways aircraft are seen parked at the Chhatrapati Shivaji Maharaj International Airport in
(Reuters) – Facebook Inc is preparing for a record-setting fine from U.S. regulators over privacy issues, but Wall Street shrugged at the looming penalty after the company added users and trounced profit expectations for the first quarter. FILE PHOTO: Small toy figures are seen in front of Facebook logo in this illustration picture, April 8,
WASHINGTON (Reuters) – The U.S. Federal Aviation Administration said Thursday it is inviting top civil aviation officials from around the world to a May 23 meeting to discuss the now-grounded Boeing 737 MAX. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S.
TOKYO (Reuters) – Former Nissan Chairman Carlos Ghosn was set to walk out of a Japanese jail for a second time since his arrest last year on financial misconduct charges, after posting $4.5 million bail on Thursday and agreeing to curbs on contacting his wife. A Tokyo court set a new condition for bail that
(Reuters) – Tesla Inc Chief Executive Elon Musk suggested on Wednesday a capital raise could be imminent, as the electric vehicle maker lost $700 million in the first quarter and predicted a return to profit in the third. FILE PHOTO: A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai,
(Reuters) – Boeing Co on Wednesday abandoned its 2019 financial outlook, halted share buybacks and said lowered production due to the grounding of its fastest-selling 737 MAX jet after two fatal plane crashes in five months had cost it at least $1 billion so far. FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes
LONDON (Reuters) – World shares took a step back on Wednesday as signals that China has put broader stimulus on hold offset positive results from Credit Suisse, which kicked off the earnings season for European investment banks. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage
SHANGHAI (Reuters) – Equity markets in Asia rose on Wednesday morning after upbeat earnings helped the Nasdaq and S&P 500 indexes reach record closing highs on Wall Street overnight, while oil retreated from its near six-month highs. FILE PHOTO: A man looks on in front of an electronic board showing stock information at a brokerage
(Reuters) – Procter & Gamble Co reported a decline in its third-quarter operating margin on Tuesday and said a strong U.S. dollar hurt sales of its grooming products, sending shares of the maker of Tide and Gillette products down as much as 3.3% in morning trading. FILE PHOTO: The logo for Procter & Gamble Co.
LONDON (Reuters) – Oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher but largely failing to help the currencies of the main crude-oil producers. FILE PHOTO: Visitors are seen as market prices are reflected in a glass window at the Tokyo
TOKYO (Reuters) – Asian shares were little changed on Tuesday, hovering not far from nine-month peaks hit last week, with concerns China may slow the pace of policy easing curbing the market’s enthusiasm. FILE PHOTO: Visitors are seen as market prices are reflected in a glass window at the Tokyo Stock Exchange (TSE) in Tokyo,
WASHINGTON (Reuters) – U.S. home sales fell more than expected in March as rising demand stoked by declining mortgage rates and slowing house price inflation continued to be frustrated by a lack of properties, especially in the lower-priced segment of the market. FILE PHOTO: A ‘for sale’ is seen outside a single family house in
LONDON (Reuters) – Oil topped $74 a barrel on Monday, the highest since November, with the United States set to announce a further clampdown on Iranian oil exports, tightening global supplies. The United States is expected to say later on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a
SINGAPORE (Reuters) – Oil prices rose by 1 percent on Monday, with Brent hitting its highest level since November, driven up by a report the United States is preparing to announce that all imports of Iranian oil will have to end or be subject to sanctions. FILE PHOTO: An oil pump jack pumps oil in
NEW YORK (Reuters) – It looks like something has to give in global markets. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2019. REUTERS/Brendan McDermid Stocks and bonds around the world have rallied atypically together since the start of the year, rewarding investors both bullish
(Reuters) – U.S. railroad operator Union Pacific Corp on Thursday reported better-than-expected quarterly profit as price increases and cost controls offset the impact of severe winter weather and record flooding that damaged rails in the Midwest. FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in
(Reuters) – U.S. intelligence has accused Huawei Technologies of being funded by Chinese state security, The Times said on Saturday, adding to the list of allegations faced by the Chinese technology company in the West. A Huawei logo is pictured during the media day for the Shanghai auto show in Shanghai, China April 16, 2019.