January 13, 2020

U.S. government posts $13.3 billion deficit in December

The U.S. government recorded a $13.3 billion budget deficit in December, the Treasury Department said on Monday. Powered by WPeMatico
January 13, 2020

Citi’s corporate banking arm aims to pick up steam as market cools down

When Citigroup Inc combined businesses that cater to big companies in 2018, management wanted dealmakers, traders and traditional corporate bankers to combine forces and propel Citi […]
January 13, 2020

Avenatti objects to U.S. ‘document dump,’ seeks possible Nike trial delay

Celebrity lawyer Michael Avenatti wants a U.S. judge to exclude large amounts of material that federal prosecutors produced recently for his trial accusing him of trying […]
January 13, 2020

Wall Street opens near record highs ahead of trade deal, earnings

U.S. stocks opened near all-time highs on Monday as investors awaited the signing of a preliminary trade deal between the United States and China, as well […]
January 13, 2020

JPMorgan puts senior credit trader on leave over WhatsApp use: Bloomberg

A senior JPMorgan Chase & Co credit trader, Edward Koo, was placed on leave as the bank reviews whether he broke its policies by using WhatsApp […]
January 13, 2020

Renault shares fall on worries Ghosn flight has deepened Nissan rift

Renault shares hit six-year lows on Monday as investors worried the flight of former boss Carlos Ghosn from Japanese justice had deepened a rift with Nissan […]
January 13, 2020

Lululemon raises profit, sales forecast on upbeat holiday demand

Lululemon Athletica Inc raised its quarterly sales and profit outlook on Monday, as the Canadian apparel maker’s efforts to ramp up its online presence and broaden […]
January 13, 2020

India orders antitrust probe against Amazon, Walmart’s Flipkart

India’s antitrust body on Monday ordered an investigation into alleged competition law violations by Amazon.com Inc and Walmart’s Flipkart, the latest setback for U.S.-based e-commerce giants […]
January 13, 2020

Volkswagen’s Skoda Auto 2019 deliveries dip to 1.24 million cars due to weaker sales in China

Deliveries of Volkswagen’s Skoda Auto dropped slightly in 2019 to 1.24 million vehicles, from 1.25 million in 2018, mainly due to weaker sales in China, the […]
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