February 20, 2019

Exclusive: Brazil’s Odebrecht to propose bondholder losses of over 70 percent – sources

Brazilian conglomerate Odebrecht SA next week will ask its bondholders to accept losses of more than 70 percent from their bonds’ face value as part of […]
February 20, 2019

Samsung’s new foldable Galaxy phone will have 5G and $2,000 price tag

Samsung Electronics Co Ltd on Wednesday said it will release a pricey folding smart phone in April that works with the next-generation 5G networks and will […]
February 20, 2019

Asia push, Wall Street support lift stocks; oil rises

World stocks rose on Wednesday, hitting a four-month high on hopes for progress in trade talks between the United States and China, and a supportive backdrop […]
February 20, 2019

Microsoft says discovers hacking targeting democratic institutions in Europe

Microsoft Corp on Wednesday said it had discovered cyber attacks directed at democratic institutions, think tanks and non-profit organizations in Europe and would offer a cyber […]
February 20, 2019

Wall St. mostly edges up in volatile trade after Fed minutes

U.S. stocks were mostly higher in volatile late-afternoon trade on Wednesday as the release of the Federal Reserve’s minutes from its January meeting showed policymakers thought […]
February 20, 2019

CVS profit miss, rebate questions send shares tumbling 8 percent

CVS Health Corp on Wednesday forecast 2019 profit well below Wall Street estimates due to weakness in its pharmacy business that serves long-term care facilities and […]
February 20, 2019

Canada to release federal budget on March 19: finance minister

The Canadian government will unveil its budget for the 2019/20 fiscal year on March 19, Finance Minister Bill Morneau said on Wednesday. Powered by WPeMatico
February 20, 2019

Fed minutes leave questions on balance sheet, patience

Federal Reserve policymakers on Wednesday gave little sense of how long their “patient” stance on U.S. interest rate policy would last, and while promising “before too […]
February 20, 2019

January FOMC minutes: Little risk in pause

Federal Reserve policymakers thought pausing on U.S. interest rate hikes last month posed little risk and plenty of benefit, minutes from their Jan. 29-30 meeting showed, […]
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