December 18, 2018

Wall Street opens higher on tech boost; Fed in focus

U.S. stocks opened higher on Tuesday boosted by technology shares, as investors wait for clues on the Federal Reserve’s path for future rate hikes. Powered by […]
December 18, 2018

Oil drops 4 percent on oversupply, equities sell-off

Oil prices fell 4 percent on Tuesday after reports of swelling inventories and forecasts of record U.S. and Russian output combined with a sharp sell-off in […]
December 18, 2018

Huawei to spend $2 billion over five years in cybersecurity push

Huawei Technologies [HWT.UL] on Tuesday said it would spend $2 billion over the next 5 years to focus on cybersecurity by adding more people and upgrading […]
December 18, 2018

Twitter tumbles on concerns about hacking activity

Twitter Inc shares fell almost 7 percent on Monday after the company said it was investigating unusual traffic that might be from state-sponsored hackers and, in […]
December 18, 2018

Indian regulator says Reuters report on J&J baby powder ‘under consideration’

India’s federal drug regulator said on Tuesday a Reuters report that Johnson & Johnson knew for decades that cancer-causing asbestos lurked in its baby powder was […]
December 18, 2018

Malaysia says Goldman Sachs failed to disclose key facts in 1MDB bond sales

Goldman Sachs Group Inc made untrue statements and omitted key facts in offering circulars for the bonds it sold for Malaysian state fund 1MDB, the Malaysian […]
December 18, 2018

Growth fears grip world stock markets before Fed meeting

World stock markets tumbled on Tuesday as fears about a slowing global economy gripped investors, just as the U.S. Federal Reserve looks set this week to […]
December 18, 2018

Cash-strapped South African Airways expands Emirates code sharing

South African Airways (SAA) said on Tuesday that it had signed a deal with Emirates [EMIRA.UL] to expand an existing codeshare agreement, in a rare bright […]
December 18, 2018

Italy’s UniCredit settles dispute with Caius

British hedge fund Caius has made a payment to UniCredit to settle a dispute over complex financial instruments which Italy’s biggest bank counts toward its core […]
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