February 19, 2019

U.S., McKinsey & Co reach $15 million settlement over bankruptcy case disclosures

The United States and McKinsey & Company have reached a $15 million settlement over allegations that the global consulting company did not make proper disclosures in […]
February 19, 2019

Allergan should explore selling itself: Appaloosa’s Tepper

Billionaire hedge fund manager David Tepper stepped up pressure on Allergan Plc, saying on Tuesday the drugmaker should consider selling itself if management is unable to […]
February 19, 2019

Oil lingers around 2019 highs but demand worries weigh

Oil steadied on Tuesday after hitting 2019 highs as concerns about global crude oil demand, coupled with uncertainty over the latest round of U.S.-China trade talks, […]
February 19, 2019

Gold hits 10-month peak on hopes for U.S.-China trade talks

Gold prices surged to a 10-month high on Tuesday, as the U.S. dollar weakened, on optimism for a breakthrough in U.S.-China trade talks, with bullion also […]
February 19, 2019

Strong U.S. economy boosts Walmart holiday-quarter sales, shares gain

A strong U.S. economy boosted Walmart Inc’s holiday-quarter sales growth to the best in a decade, lifted by consumer spending in key categories like groceries and […]
February 19, 2019

Oil slips from 2019 high as economy worries weigh

Oil fell from its 2019 high of almost $67 a barrel on Tuesday as concerns about the progress of U.S.-China trade talks and slowing economic growth […]
February 19, 2019

BHP CEO staying around to deal with tailings and transformation

The chief executive of mining group BHP has no plans to quit and will focus on the “nuclear level of safety” needed to avoid any repeat […]
February 19, 2019

HSBC warns on China, UK slowdowns as 2018 profit disappoints

HSBC warned it may have to delay some investments this year as Europe’s biggest bank missed 2018 profit forecasts due to slowing growth in its two […]
February 19, 2019

Wall St. opens lower as U.S.-China trade talks resume

U.S. stocks opened lower on Tuesday after rallying strongly last week, as investors focused on the latest round of trade talks between the United States and […]
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