October 6, 2018

Banks back Democrats in bid to rebuild bipartisan support

Banks are going to bat for Democrats in the U.S. November midterm congressional elections as part of an ambitious strategy to rebuild the bipartisan support they […]
October 5, 2018

Scooter company Bird enters Latin America with launch in Mexico City

California startup Bird said on Friday it has launched its electric scooters in Mexico City, expanding its effort to shake up urban transportation globally. Powered by […]
October 5, 2018

Under fire from Musk, top fund firms defend securities lending

Accused by Tesla Inc Chief Executive Elon Musk of making “excessive profit” by lending shares to short-sellers, top index fund companies shot back on Friday that […]
October 5, 2018

Stocks fall globally after U.S. jobs data, Treasury yields rise again

Major world stock markets sank for a second straight day on Friday after strong U.S. jobs numbers signaled a continued tightening of the labor market and […]
October 5, 2018

Oil prices mark weekly gain ahead of Iran sanctions

Crude futures steadied on Friday after climbing to four-year highs earlier this week, and both Brent and U.S. crude marked weekly gains ahead of U.S. sanctions […]
October 5, 2018

Wall Street falls as solid jobs report boosts bond yields

U.S. stocks dropped for a second straight day on Friday, weighed down by another rise in Treasury yields in the wake of a solid jobs report […]
October 5, 2018

Wall Street slides as bond yields climb on jobs data

U.S. stocks tumbled on Friday, weighed down by rising Treasury yields after data showed job growth slowed in September, while wage increases were not enough to […]
October 5, 2018

Oil prices rise, supported by U.S. jobs data, Iran sanctions

Crude futures rose on Friday as U.S. unemployment data eased concerns about demand in the world’s top oil consumer, with both benchmarks set for a weekly […]
October 5, 2018

Einhorn’s Greenlight exits Apple on U.S.-China trade war fears

David Einhorn’s Greenlight Capital sold its remaining shares of Apple Inc on growing fear of “Chinese retaliation against America’s trade policies”, according to a letter sent […]
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