February 26, 2019

Standard Chartered to cut costs, divest businesses in fresh growth strategy

Standard Chartered PLC on Tuesday said it would cut $700 million in costs and exit smaller businesses, as part of the lender’s new three-year strategy overhaul […]
February 26, 2019

SEC seeks contempt charge against Tesla’s Musk, says tweet violates deal

The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting […]
February 26, 2019

Oil dips after Trump calls on OPEC to ease high prices

Oil prices slipped on Tuesday, extending losses of more than 3 percent during the previous session, after U.S. President Donald Trump called on OPEC to ease […]
February 26, 2019

Asian shares fall from five-month highs, pound jumps on Brexit delay hopes

Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal, while […]
February 26, 2019

Boeing targets global sales of T-X training jet after U.S. contract win: executive

Boeing Co is in talks with potential customers globally, including the Royal Australian Air Force, about ordering the new T-X training jet selected by the U.S. […]
February 26, 2019

Tesla’s Musk risks contempt charge as SEC argues tweets violate deal

The U.S. Securities and Exchange Commission on Monday said Tesla Inc Chief Executive Officer Elon Musk had violated a fraud settlement by making new inaccurate statements […]
February 26, 2019

Group of Walmart Mexico workers threatens strike for higher pay

A union representing workers at Walmart Inc’s Mexico unit said on Monday it would go on strike next month if it did not secure better pay […]
February 26, 2019

Oil steadies after selloff; market eyes Trump intervention

Oil prices edged higher on Tuesday, finding steady ground after tumbling more than 3 percent in the previous session when U.S. President Donald Trump called on […]
February 26, 2019

‘Loser’ vs ‘Anemic’: Barrick’s Newmont bid starts on toxic note

Long-time rivals Barrick Gold Corp and Newmont Mining Corp renewed their animosity on Monday with their chief executives trading insults after Barrick launched an $18 billion […]
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