May 24, 2019

Goldman bumps up no-deal Brexit odds after May resignation

Goldman Sachs raised its probability of a no-deal Brexit to 15% from 10% on Friday as Prime Minister Theresa May’s resignation potentially opened the way for […]
May 24, 2019

Oil rises towards $69 but set for 2019’s biggest weekly loss

Oil rose towards $69 a barrel on Friday after two sessions of losses, but remained on track for its biggest weekly drop this year due to […]
May 24, 2019

Nestle still committed to global confectionery: CEO

Nestle remains committed to confectionery despite unloading its U.S. chocolate operations during a review of the food giant’s operations, Chief Executive Mark Schneider told an event […]
May 24, 2019

Global stocks climb on muted trade hopes, sterling yo-yos as PM May quits

World stocks edged higher on Friday and oil prices bounced after comments by President Donald Trump encouraged hopes of progress in U.S.-China trade talks while British […]
May 24, 2019

China denounces U.S. ‘rumors’ and ‘lies’ about Huawei ties to Beijing

China on Friday denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China’s Huawei Technologies Co Ltd was […]
May 24, 2019

Foreign investors hope India dials back policy shocks after Modi win

Foreign companies in India have welcomed Prime Minister Narendra Modi’s election victory for the political stability it brings, but now they need to see him soften […]
May 24, 2019

Singapore chases tech ‘Jedi Masters’ for Silicon Valley ambitions

San Francisco-based investor Paul Bragiel said he needed to be asked three or four times before he accepted an invitation from Singapore to come check out […]
May 24, 2019

Light PBOC touch makes once unlikely yuan at 7/$ seem possible

As China’s yuan slips to historically weak levels against the dollar, the central bank’s atypical light touch is spurring speculation that policymakers want to be more […]
May 24, 2019

Oil recovers, but set for biggest weekly loss of 2019

Oil prices recouped more than 1% on Friday but were on track for their biggest weekly loss this year after swelling inventories and jitters over an […]
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