August 16, 2019

OPEC sees bearish oil outlook for rest of 2019, points to 2020 surplus

OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth slows and highlighted challenges in 2020 as rivals pump […]
August 16, 2019

Take Five: Fed in a hole

On Wednesday, the U.S. Federal Reserve releases the minutes of its last meeting, revealing what policymakers said about the flattening Treasury yield curve and the strength […]
August 16, 2019

Stocks gain on stimulus hopes but still head for third losing week

World stocks rose on Friday as expectations grew of further stimulus by central banks, offsetting worries about slowing economic growth, which intensified this week as the […]
August 16, 2019

Deere cuts full-year earnings forecast after profits miss estimates

Deere & Co.’s third-quarter earnings on Friday missed Wall Street estimates, hurt by the U.S.-China trade war that has dented the demand for farm equipment, forcing […]
August 16, 2019

STAR Market tech board offers hope to Chinese venture capitalists

When Chinese venture capital firm New Vision Capital invested in two startups focusing on cloud computing and micro-optics, the plan was to eventually take them public […]
August 16, 2019

Irish regulator nears end of first privacy probe, ruling to take months

Ireland’s data privacy regulator is close to concluding its first probe into a multinational company under the EU’s new privacy laws, likely to involve Facebook’s WhatsApp […]
August 16, 2019

Asia shares take heart in stimulus speculation

Asian shares found some footing on Friday after a turbulent week as China hinted at more support for its economy, amid growing expectations of aggressive stimulus […]
August 16, 2019

Facebook failed to warn users of known risks before 2018 breach: court filing

Facebook users suing the world’s largest social media network over a 2018 data breach say it failed to warn them about risks tied to its single […]
August 16, 2019

Exclusive: Buyout firms KKR, Blackstone among bidders for Philippine hospitals group – sources

Buyout firms KKR , Blackstone and CVC are among bidders competing for a stake in the hospital unit of Philippines’ Metro Pacific Investments Corp , people […]
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