January 17, 2020

Asian shares firm after Wall Street records; China GDP awaited

Asian shares inched higher on Friday after global stock indexes and Wall Street posted more records, with strong corporate earnings and upbeat U.S. economic data adding […]
January 16, 2020

China set to post weakest growth in 29 years as trade war bites, investment sputters

China is expected to report on Friday that economic growth slowed to its weakest in nearly three decades in 2019 amid a bruising trade war with […]
January 16, 2020

Gap pulls plug on Old Navy spinoff to focus on turning around sales

Gap Inc on Thursday scrapped its plan to spin-off Old Navy and said it would instead work to stem dropping sales, while fewer discounts during the […]
January 16, 2020

Which company just hit $1 trillion? Google it.

As Google-parent Alphabet Inc became on Thursday the fourth U.S. company to top a market value of more than $1 trillion, some funds holding its shares […]
January 16, 2020

Eli Lilly targets quarterly deals of $1 billion-$5 billion in 2020: CFO

Eli Lilly and Co aims to announce roughly one $1 billion to $5 billion deal every quarter in 2020, its chief financial officer told Reuters, as […]
January 16, 2020

Comcast bets ads work on streaming TV, plans Peacock debut for April

Comcast Corp-owned NBCUniversal’s new Peacock service will offer free and $5-per-month options that include advertising to try to win customers for its belated entry into the […]
January 16, 2020

Factbox: How NBCUniversal’s Peacock streaming service stacks up against others

Comcast Corp’s NBCUniversal on Thursday gave specifics on its planned Peacock video streaming service, which will do battle with industry leader Netflix Inc and others in […]
January 16, 2020

S&P 500 blasts through 3,300 as tech stocks surge

The S&P 500 rallied through the 3,300 mark for the first time on Thursday and the other main U.S. indexes also surged to record highs, fueled […]
January 16, 2020

U.S. Senate passes North America trade deal, Canada still to approve

The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labor and automotive content but […]
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