January 15, 2019

No clear path for California as massive PG&E utility nears bankruptcy

PG&E Corp’s announcement that it will file for bankruptcy, citing massive potential liability from deadly wildfires, puts California politicians in quandary, whether to offer a bailout […]
January 15, 2019

China signals more stimulus as economic slowdown deepens

China will aim to achieve “a good start” in the first quarter for the economy, the state planner said on Tuesday, signaling authorities could roll out […]
January 15, 2019

Eyes on Newcrest as gold dealmaking heats up

Two recent large M&A deals in the gold sector have prompted speculation that Newcrest Mining , Kinross Gold Corp and B2Gold Corp may be among the […]
January 15, 2019

Oil rises 1 percent on supply cuts, but economic slowdown weighs on outlook

Oil prices rose 1 percent on Tuesday amid supply cuts led by producer club OPEC and Russia, although a darkening economic outlook capped gains. Powered by […]
January 14, 2019

Volkswagen to invest $800 million, build new electric vehicle in U.S

Volkswagen AG said on Monday it was investing $800 million to build a new electric vehicle at its plant in Chattanooga, Tennessee, and scheduled a briefing […]
January 14, 2019

Global auto leaders urge Trump administration to end trade turmoil

Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty […]
January 14, 2019

Weak China trade weighs on stocks; risk-off trade in play

World stock indexes fell on Monday after a surprise contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to […]
January 14, 2019

China worries weigh on Wall Street, earnings expectations fall

U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the […]
January 14, 2019

Doing a Buffett? Bet on S&P 500 causes flap on options market

An anonymous trader caused a stir in the U.S. equity options market on Monday with a massive bet that recalled Warren Buffett’s famous wager on global […]
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