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 […]
November 13, 2018

Goldman Sachs bankers ‘cheated’ Malaysia over 1MDB: PM Mahathir

Malaysian Prime Minister Mahathir Mohamad said bankers at Goldman Sachs Group Inc “cheated” the country in dealings with state fund 1MDB and that U.S. authorities have […]
November 13, 2018

OPEC warns of 2019 oil glut as demand slows, rival supply rises

OPEC warned on Tuesday that an oil supply glut could emerge in 2019 as the world economy slows and supply from rival producers rises more quickly […]
November 13, 2018

Home Depot tops sales estimates, boosts annual forecasts

Home Depot Inc topped Wall Street estimates for quarterly comparable-store sales on Tuesday, as consumers faced with a shaky U.S. housing market spent more on average […]
November 13, 2018

Fears of peak iPhone rattle Asian Apple suppliers

Shares in Asian suppliers and assemblers for Apple Inc fell on Tuesday after several component makers warned of weaker than expected results, leading some market watchers […]
November 13, 2018

New Vodafone boss to cut costs, make more of masts

Vodafone’s new chief executive said he would cut costs and seek to maximize the value of its masts and towers to drive higher returns at the […]
November 13, 2018

U.S. pigs out on bacon, ribs as trade wars cut chicken demand

Americans are losing their taste for chicken and eating more beef and pork as President Donald Trump’s trade wars reduce U.S. pork exports to China and […]
November 13, 2018

Malaysia says it wants to reclaim fees, consequential losses from Goldman over 1MDB deals

Malaysia wants to reclaim from Goldman Sachs Group Inc the fees the U.S. bank received for helping state fund 1Malaysia Development Bhd (1MDB) [TERRN.UL] raise money […]
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