October 30, 2018

VW operating profit drops as anti-pollution rules bite

Volkswagen reported a smaller than expected 18.6 percent drop in third-quarter adjusted operating profit, boosting its shares despite weaker vehicle sales tied to the introduction of […]
October 30, 2018

Oil prices slip on rising supply, trade tensions

Oil prices slipped on Tuesday, depressed by concerns that the U.S.-China trade dispute will dent economic growth and by signs of rising global supply despite upcoming […]
October 30, 2018

High oil prices hurt consumers, dent fuel demand: IEA chief

High oil prices are hurting consumers and could also have adverse implications for producers, the executive director of the International Energy Agency (IEA) said on Tuesday. […]
October 30, 2018

Citi granted license to set up Citibank branch in Abu Dhabi

Citigroup has been granted a license to set up a branch of Citibank at Abu Dhabi Global Market (ADGAM), a financial center in Abu Dhabi, it […]
October 30, 2018

Brent crude prices dip on rising supply, global market woes

Brent oil prices dipped on Tuesday, weighed down by ongoing weakness in global stock markets and by signs of rising global supply despite looming sanctions on […]
October 30, 2018

Exclusive: Defense firms see only hundreds of new U.S. jobs from Saudi mega deal

Every time President Donald Trump mentions the $110 billion arms deal he negotiated with Saudi Arabia last year, he quickly follows up, saying “It’s 500,000 jobs.” […]
October 30, 2018

Asian stocks on edge over escalation in U.S.-China trade tensions

Asia shares recouped early losses and crept higher on Tuesday as China made a fresh attempt to stabilize its stock markets, but the gains looked fragile […]
October 30, 2018

Walmart kicks off U.S. holiday season with faster checkout, digital store maps

Walmart Inc said on Tuesday it will offer faster checkout at its stores and easier navigation with digital maps indicating exact locations of products, as it […]
October 30, 2018

U.S. go-go growth stock days are gone, value back in play

One undeniable fact has underpinned the latest leg of the long-running U.S. bull market: Paying up for growth stocks at any price paid off, hugely. Powered […]
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