November 2, 2018

Alibaba quarterly revenue falls short of estimates

China’s Alibaba Group Holding Ltd reported lower-than-expected quarterly revenue on Friday, another sign of slowing momentum for China’s giant e-commerce platforms and its economy. Powered by […]
November 2, 2018

U.S. charges financier, former Goldman bankers for 1MDB

U.S. prosecutors unveiled criminal charges on Thursday against two former Goldman Sachs bankers and Malaysian financier Low Taek Jho tied to the alleged theft of billions […]
November 2, 2018

Boeing eyes services M&A, small or big, in tussle with Airbus

Boeing Co is looking for future deals “small or big” now that it has absorbed parts distributor KLX Inc, an executive told Reuters, as the world’s […]
November 2, 2018

Investors bristle as Apple’s iPhone data goes the way of its headphone jacks

First Apple Inc took away the headphone jack on its iPhones. Then it took away the home button. Powered by WPeMatico
November 2, 2018

Boeing’s China plant to start operations in December

Boeing Co will start operations at its 737 completion plant in China next month and Air China will take delivery of the first plane produced there, […]
November 2, 2018

As China soy demand wavers, U.S. farmers turn back to grains

Since the mid-2000s, North Dakota farmer Paul Thomas has planted more of his land with soybeans as China’s demand for the oilseed grew. The shift culminated […]
November 2, 2018

Forget gridlock, Republican win may be better for stocks

U.S. President Donald Trump has warned that his favorite measure of success, the stock market, is imperiled if voters favor Democrats in next week’s congressional elections. […]
November 2, 2018

Asian shares jump, yuan firms as Trump report fuels hopes of U.S.-China trade deal

Asian shares jumped to three-week highs on Friday and U.S. equity futures rebounded on a report that U.S. President Donald Trump has asked officials to draft […]
November 2, 2018

U.S. job growth seen accelerating; strong annual wage gain expected

U.S. job growth likely rebounded in October, with wages expected to have recorded their largest annual gain in 9-1/2 years, pointing to further labor market tightening […]
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