December 26, 2018

Dow notches record point surge in dramatic rebound

The Dow Jones Industrial Average surged more than 1,000 points for the first time on Wednesday, leading a broad Wall Street rebound after a report that […]
December 26, 2018

In Japan, a scramble for new workers disrupts traditional hiring

It’s a rite of spring in Japan: Major corporations hire fresh university graduates en masse every April, starting them all at the same salary with assurances […]
December 26, 2018

Exxon continues drilling offshore Guyana as Venezuela lodges complaint

Exxon Mobil Corp said on Wednesday its oil drilling and development activities offshore Guyana were unaffected by a weekend incident in which Venezuela’s navy stopped two […]
December 26, 2018

General Dynamics among those winning Pentagon contracts

The U.S. Defense Department said on Wednesday it had awarded contracts for submarine maintenance and modernization to General Dynamics Corp for $1.1 billion, to Huntington Ingalls […]
December 26, 2018

South Korea’s SK Innovation bets on Europe, China electric vehicle demand

South Korea’s SK Innovation , a supplier of electric vehicle (EV) batteries to Daimler and Volkswagen , aims to boost production capacity more than tenfold by […]
December 26, 2018

U.S. trade delegation to travel to China week of January 7 for talks -Bloomberg

A U.S. trade team will travel to Beijing the week of Jan. 7 to hold talks with Chinese officials, Bloomberg reported on Wednesday, citing two people […]
December 26, 2018

JPMorgan to pay more than $135 million for improper handling of ADRs

JPMorgan Chase & Co will pay over $135 million to settle charges it mishandled so-called “pre-released” American Depositary Receipts (ADRS), the Securities and Exchange Commission announced […]
December 26, 2018

Global stocks and oil rebound after pre-holiday thumping

Stocks and oil prices rebounded on Wednesday as the Trump administration attempted to shore up investor confidence and markets welcomed a report on strong U.S. holiday […]
December 26, 2018

Oil surges 8 percent after steep slide; growth fears still weigh

Oil surged on Wednesday, posting its strongest daily gain in more than two years in a partial rebound from steep losses that pushed crude benchmarks to […]
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