November 12, 2018

U.S. crude weakens after Trump calls on OPEC to keep output

U.S. crude prices turned negative as U.S. President Donald Trump said he hoped there would be no oil output reductions, after Saudi Arabia said OPEC was […]
November 12, 2018

Apple shares drop on iPhone suppliers’ warnings

Apple Inc shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in […]
November 12, 2018

General Electric seeks ‘urgent’ asset sales to cut debt: CEO

General Electric Co is pursuing assets sales with “urgency” to reduce its high debt and is unsure when its ailing power business will hit bottom, Chief […]
November 12, 2018

VW could build up to 50 million electric cars: Automotive News

Volkswagen could build up to 50 million electric cars on its new electric vehicle platform and is looking at expanding its manufacturing footprint in the United […]
November 12, 2018

Wall Street equity traders to get biggest bonuses in 2018: study

Equity traders on Wall Street are expected to take home the biggest bonuses this year as a surge in volatility boosted client activity, but 2019 may […]
November 12, 2018

Nasdaq falls 2 percent as Apple, chip stocks hit by weak forecasts

The Nasdaq Composite index fell about 2.5 percent on Monday, hit by a slump in Apple Inc shares after two suppliers cut their forecasts, sparking a […]
November 12, 2018

Dollar jumps on Europe risks, Fed bets; stocks weaken amid tech nerves

The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about […]
November 12, 2018

Oil rises as Saudi Arabia seeks to tackle oversupply

Oil prices rose about 1 percent on Monday, breaking a stretch of losses, after Saudi Arabia said OPEC and its partners believed demand was softening enough […]
November 12, 2018

Apple shares drop after iPhone supplier Lumentum cuts forecast

Apple Inc shares fell to their lowest in more than three months on Monday as the main supplier for its Face ID technology, Lumentum Holdings Inc […]
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