April 17, 2019

Morgan Stanley profit beats estimates on wealth management, lower costs

Morgan Stanley beat analysts’ estimates for a quarterly profit on Wednesday on gains in its wealth management business and lower expenses, sending its shares up 3 […]
April 17, 2019

Oil hits 2019 high above $72 on China growth, lower U.S. inventories

Brent oil hit a 2019 high above $72 a barrel on Wednesday, propelled by steady economic growth in China and a fall in U.S. crude stocks […]
April 17, 2019

ABB CEO steps down abruptly in middle of group’s overhaul

ABB Chief Executive Ulrich Spiesshofer has quit the Swiss industrial group as the board and major shareholders look for a speedier turnaround at the maker of […]
April 17, 2019

Comforting China data puts Wall Street records within reach

Wall Street’s main markets were eyeing a return to all-time highs on Wednesday after a raft of Chinese data beat expectations, easing concerns about the health […]
April 17, 2019

PepsiCo results beat on boost from North American snacks, beverages units

PepsiCo Inc reported first-quarter sales and profit above analysts’ estimates on Wednesday, boosted by higher demand for its snacks, sparkling water and low-sugar sodas, sending its […]
April 17, 2019

Stock futures edge higher on robust China data; chipmakers rise

U.S. stock index futures inched higher on Wednesday, buoyed by upbeat economic data from China, but gains were capped by disappointing quarterly reports from Netflix and […]
April 17, 2019

BNY Mellon profit misses estimates on lower fee revenue

Bank of New York Mellon Corp missed analysts’ estimates for quarterly profit on Wednesday, as lower client activity and a fall in assets under management pressured […]
April 17, 2019

Exclusive: Apple in talks with potential suppliers of sensors for self-driving cars – sources

Apple Inc has held talks with at least four companies as possible suppliers for next-generation lidar sensors in self-driving cars, evaluating the companies’ technology while also […]
April 17, 2019

U.S. handbags, shovels on $20 billion EU tariff list over Boeing

Handbags, tractors, shovels and fish are part of an 11-page list of U.S. imports worth $20 billion that the European Union on Wednesday said it could […]
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