July 19, 2019

Global stocks down as big rate cut hopes fade, dollar rises

A gauge of global stocks declined after early gains dissipated on Friday as expectations for a strongly dovish U.S. Federal Reserve at its next meeting were […]
July 19, 2019

Trump: U.S. had ‘very good talk’ with China; in-person talks may follow

U.S. President Donald Trump said on Friday that U.S. Treasury Secretary Steve Mnuchin had a very good talk with his Chinese counterpart, amid signals from China […]
July 19, 2019

U.S. to grant final approval to American Airlines-Qantas joint venture: sources

The U.S. Department of Transportation (DOT) is set on Friday to grant American Airlines Group Inc and Qantas Airways Ltd final approval to operate a joint […]
July 19, 2019

Wall St. slightly higher on Microsoft results, rate cut hopes

Wall Street’s main indexes edged higher on Friday after solid results from technology giant Microsoft added to an upbeat mood following hints from a top Federal […]
July 19, 2019

AmEx warns of higher costs as it boosts rewards program, shares fall

American Express Co warned of higher operating costs this year as the credit card issuer spends heavily on rewards programs to attract customers in an increasingly […]
July 19, 2019

Jet Airways’ lenders approve interim finance plan for the carrier

Lenders to Jet Airways agreed on Friday to provide some interim financing to the bankrupt airline to help it cover legal and other costs, as resolution […]
July 19, 2019

Wall St. rises on Microsoft’s beat, rate cut euphoria

U.S. stock indexes advanced on Friday as solid results from Microsoft lifted technology stocks and added to an upbeat mood following signs from New York Fed […]
July 19, 2019

BlackRock profit misses estimates, hit by lower fees for lending stocks

BlackRock Inc , the world’s largest asset manager, took in less cash last quarter as investors moved into lower-cost bond funds, and it made less money […]
July 19, 2019

Oil rises after U.S. Navy downs Iranian drone; set for weekly fall

Oil prices rose on Friday as tensions spiked again in the Middle East after the United States said it had destroyed an Iranian drone in the […]
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