November 13, 2018

CEO of Walmart’s India venture resigns after sexual assault accusation: source

The head of Walmart Inc’s Indian venture Flipkart Group, Binny Bansal, has resigned following an internal probe into “serious personal misconduct”, Walmart said on Tuesday, and […]
November 13, 2018

In another push, Elliott calls on Hyundai to boost returns, review assets

U.S. hedge fund Elliott on Tuesday renewed pressure on South Korea’s Hyundai Motor Group, urging it to return $10.6 billion of capital to shareholders and consider […]
November 13, 2018

U.S. antitrust chief says evidence, not tweets, drives decision-making

The Department of Justice’s antitrust chief, Makan Delrahim, said on Tuesday that evidence drove the division’s decision-making rather than pressure from the president, who recently tweeted […]
November 13, 2018

Oil down 4 percent as rout runs to 12 days on supercharged selling

Oil’s slide accelerated on Tuesday, with U.S. futures dropping to lows not seen in 11 months due to ongoing worries about weakening global demand, oversupply and […]
November 13, 2018

Home Depot signals U.S. housing demand slowing

Home Depot Inc , the biggest U.S. home improvement chain, suggested on Tuesday that the pace of U.S. home sales was slowing, and said impending trade […]
November 13, 2018

Exclusive: Dell taps banks to raise more cash for tracking stock offer – sources

Dell Technologies Inc is working with investment banks to add more cash to a $21.7 billion offer to buy back a “tracking stock” tied to its […]
November 13, 2018

Boeing’s 737 deliveries up, shares dip on Lion Air concerns

Boeing Co reported higher October deliveries of its best-selling 737 aircraft on Tuesday, but the company’s shares fell on concerns related to last month’s deadly crash […]
November 13, 2018

U.S. stocks rise on trade optimism; pound soars on impending Brexit deal

Wall Street stock prices rose on Tuesday as investors hoped U.S.-China trade tensions could ease, while the pound soared on rising prospects for a finalized agreement […]
November 13, 2018

Oil down 2 percent after Trump urges OPEC not to cut supply

Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the […]
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