January 28, 2019

Whirlpool says costs, strong dollar to hit 2019 profit, shares fall

U.S. home appliances maker Whirlpool Corp said on Monday its 2019 adjusted profit and revenue are likely to rise less than analysts’ expectations due to a […]
January 28, 2019

AT&T to cut jobs in weaker business units

AT&T Inc is cutting some jobs in declining areas of its business, while hiring more people in faster-growing segments, an AT&T spokesman said on Monday. Powered […]
January 28, 2019

Saudi Arabia’s PIF slashes exposure to Tesla: FT

Saudi Arabia’s Public Investment Fund (PIF) has slashed its exposure to Tesla Inc, the Financial Times reported on Monday, citing people with direct knowledge of the […]
January 28, 2019

Intel to invest $11 billion on new Israeli chip plant: Israel finance minister

Intel Corp will invest 40 billion shekels ($10.9 billion) on a new chip-making factory in Israel, the Israeli finance minister said on Monday, the latest multi-billion […]
January 28, 2019

House panels to hold joint hearing on Sprint, T-Mobile merger

Two U.S. House panels will hold a joint hearing on Feb. 13 on T-Mobile US Inc and Sprint Corp’s proposed $26 billion merger and its potential […]
January 28, 2019

U.S. FTC approves Staples’ acquisition of Essendant with conditions

The U.S. Federal Trade Commission said on Monday it had approved with conditions the proposed $482.7 million merger of office supply distributors Staples Inc and Essendant […]
January 28, 2019

Citi sees stronger China wealthy client base in 2019 despite economy slowing

Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank’s country chief said, […]
January 28, 2019

Citi sees stronger China wealthy client base in 2019 despite economy slowing

Citigroup expects its China wealth management client base to grow faster in 2019 than last year, at more than 30 percent, the bank’s country chief said, […]
January 28, 2019

Oil falls 3 percent on rising U.S. production, economic slowdown fears

Oil fell about 3 percent on Monday, its biggest one-day percentage drop in a month, after an increase in U.S. crude drilling pointed to further supply […]
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