January 8, 2020

Oil prices shed gains as alarm over Iran rocket strike fades – for now

Oil prices steadied 1% higher on Wednesday, well below peaks hit in frenzied trading earlier in the day after a rocket attack by Iran on American […]
January 8, 2020

CITIC to sell 22% stake in McDonald’s China business to PE arm: sources

CITIC Ltd , the main listed arm of Chinese state-owned conglomerate CITIC Group, plans to sell a 22% stake in McDonald’s Corp’s mainland China and Hong […]
January 8, 2020

Japanese billionaire Maezawa in $9 million ‘social experiment’ giveaway

Japanese fashion tycoon Yusaku Maezawa is giving away $9 million to his Twitter followers in what he says is a “social experiment” to see if the […]
January 8, 2020

Futures slip as Iran’s attack on U.S. forces heightens Middle East tensions

U.S. stock index futures fell early on Wednesday as investors scurried to safe-haven assets after Iran fired rockets at U.S.-led forces in Iraq in response to […]
January 8, 2020

‘Shot across the bow’: U.S. increases pressure on UK ahead of key Huawei decision

The United States is making a final pitch to Britain ahead of a U.K. decision on whether to upgrade its telecoms network with Huawei equipment, amid […]
January 8, 2020

Airlines re-route flights away from Iraq, Iran airspace after missile attack on U.S. troops

Several major airlines said on Wednesday they were re-routing flights to avoid airspace over Iraq and Iran after the Federal Aviation Administration banned U.S. carriers from […]
January 8, 2020

Oil jumps as Iran rocket strike on U.S. forces jolts markets

Oil prices jumped to their highest in months on Wednesday after Iran attacked American forces in Iraq in response to a U.S. strike that killed an […]
January 8, 2020

U.S. FAA bans airlines from flying over Iraq, Iran after missile attack on U.S. troops

The U.S. Federal Aviation Administration said it would ban U.S. carriers from operating in the airspace over Iraq, Iran, the Gulf of Oman and the waters […]
January 8, 2020

Stocks tumble, gold and crude soar after Iran strike on U.S. forces

Asian shares and U.S. treasury yields tumbled on Wednesday, while the yen, gold and oil shot higher after Iran fired rockets at Iraqi airbases hosting U.S. […]
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