September 11, 2018

Sports Direct’s Ashley faces investor revolt in absentia

Mike Ashley, the billionaire founder and majority owner of Sports Direct , faces a potential shareholder revolt at the company’s annual meeting on Wednesday, though he […]
September 11, 2018

HSBC to bolster Asia private banking headcount, double client assets

HSBC Holdings Plc aims to increase its Asia private banking headcount by two-thirds in five years and double client assets in eight as it eyes a […]
September 11, 2018

NXP shares drop after executives outline post-Qualcomm path

Shares of Dutch chipmaker NXP Semiconductors fell 4.4 percent on Tuesday after executives outlined their strategy after the collapse this year of a proposed merger with […]
September 11, 2018

Tesla to drop some color options for cars to simplify production

Tesla Inc will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies […]
September 11, 2018

Oil up over 2 percent on concerns over Iran, slower U.S. output growth

Oil prices rose more than 2 percent on Tuesday as U.S. sanctions squeezed Iranian crude exports and after U.S. crude oil production in 2019 was forecast […]
September 11, 2018

Wall Street gains as Apple, tech rebound; oil lifts energy shares

U.S. stocks rose on Tuesday as Apple led a jump in technology shares and a gain of more than 2 percent in oil prices drove up […]
September 11, 2018

FCC pauses review of T-Mobile, Sprint merger

The Federal Communications Commission, which is reviewing the planned merger of T-Mobile US Inc and Sprint Corp , said on Tuesday it has paused its review […]
September 11, 2018

U.S. shares lifted by tech and energy; trade woes hurt emerging markets

A broad index of world stock markets posted gains for a second straight day on Tuesday, as investors piled into U.S. technology and energy stocks even […]
September 11, 2018

Unilever’s Dutch entity to replace parent company on FTSE Russell

FTSE Russell said on Tuesday consumer goods giant Unilever Plc would be deleted from all its indexes by the end of the year and replaced by […]
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