July 1, 2019

S&P 500 hits record high as trade optimism boosts techs

Gains in technology stocks lifted the S&P 500 to a record high on Monday, powered by growing optimism around U.S.-China trade talks and a likely reprieve […]
July 1, 2019

Exclusive: FIS to win EU approval for $35 billion Worldpay deal: sources

U.S. financial services provider Fidelity National Information Services Inc (FIS) is set to gain unconditional antitrust approval from the European Union for its $35 billion bid […]
July 1, 2019

U.S. factory activity falls to more than two-and-a-half-year low

U.S. manufacturing activity hit more than a 2-1/2-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over the […]
July 1, 2019

U.S.-China trade agreement takes little pressure off Fed to cut rates

A ceasefire in the U.S.-China trade war is doing little to relieve pressure on the Federal Reserve to stimulate the economy. Powered by WPeMatico
July 1, 2019

U.S.-China trade truce pushes global stocks higher

Global stocks rallied and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, […]
July 1, 2019

Applied Materials to buy Kokusai for $2.2 billion to boost memory chip business

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as […]
July 1, 2019

Warren Buffett donates $3.6 billion to Gates’ and family charities

Warren Buffett is donating roughly $3.6 billion of Berkshire Hathaway Inc stock to five charities, including the Bill & Melinda Gates Foundation, the biggest contribution in […]
July 1, 2019

Global share listings dragged to three-year low by European shortage

Global share listings hit their lowest level in three years in the first half of the year, with a slowdown in Europe counteracting a stronger U.S. […]
July 1, 2019

OPEC extends oil cut to prop up prices as economy weakens

OPEC agreed on Monday to extend oil supply cuts until March 2020, three OPEC sources said, as the group’s members overcame their differences in order to […]
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