October 29, 2018

Car stocks and Italy rating relief drive Europe’s recovery

European shares climbed and Wall Street was set for a stronger open on Monday thanks to a surge in autos stocks and relief that Italy dodged […]
October 29, 2018

Hitachi agrees to buy Elliott’s stake in Italy’s Ansaldo STS, ending feud

Hitachi has wrapped up a bitter feud with U.S. activist investor Elliott over Ansaldo STS , agreeing to buy the fund’s stake in the Italian rail […]
October 29, 2018

U.S. consumer spending rises; income gain smallest in 15 months

U.S. consumer spending rose for a seventh straight month in September, but income recorded its smallest gain in more than a year amid moderate wage growth, […]
October 29, 2018

U.S. October auto sales seen down slightly: consultants

U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted business, industry consultants J.D. Power […]
October 29, 2018

Europe shares rise, euro falls briefly as sources say Merkel to give up as party chief

European shares climbed and U.S. stock futures erased losses on Monday thanks to encouraging earnings reports, while the euro fell briefly after sources said German Chancellor […]
October 29, 2018

Baillie Gifford willing to invest more in Tesla: the Times

Baillie Gifford & Co, one of the top shareholders of Tesla Inc , has said it would be willing to inject more cash into the electric […]
October 29, 2018

Oil falls as economic outlook grows gloomier

Oil prices fell on Monday, as concern over the global economy put crude on track for its biggest monthly fall since mid-2016. Powered by WPeMatico
October 29, 2018

China’s OnePlus, backed by Qualcomm and T-Mobile, launches smartphone in U.S.

A five-year old Chinese smartphone company whose high-end products are little known outside a tech-savvy niche is entering the U.S. market on Monday with the backing […]
October 29, 2018

Germany’s ProSieben buys U.S. online dating site eharmony

Germany’s ProSiebenSat.1 Media said on Monday it had bought U.S. online dating site eharmony, in the first significant deal since it carved out a new e-commerce […]
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