January 7, 2020

Alitalia bleeds around 300 million euros a year: administrator

Struggling Italian carrier Alitalia [CAITLA.UL] is burning through its cash resources at the pace of around 300 million euros ($334 million) a year, its new temporary […]
January 7, 2020

Oil falls 1% as investors reassess Mideast risks

Oil prices fell about 1% on Tuesday, surrendering some of the gains of recent days as investors reconsidered the likelihood of immediate supply disruptions in the […]
January 7, 2020

S&P 500, Dow open slightly lower, chips support Nasdaq

The S&P 500 and the Dow opened slightly lower on Tuesday, dragged down by healthcare and energy stocks, while the Nasdaq was supported by positive corporate […]
January 7, 2020

Canada posts Nov. trade deficit of C$1.09 billion, rail strike takes toll

Canada posted a trade deficit of C$1.09 billion ($0.84 billion) in November, thanks in part to a major railway strike that slowed the shipment of imports […]
January 7, 2020

Japan issues arrest warrant for Ghosn’s wife amid efforts to snare him

Japanese prosecutors on Tuesday issued an arrest warrant for Carlos Ghosn’s wife for alleged perjury, as officials stepped up efforts to bring the fugitive car industry […]
January 7, 2020

Falling imports push U.S. trade deficit to three-year low

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, likely weighed down by the Trump administration’s trade war […]
January 7, 2020

A Saudi family feud, a decade-long debt saga and a court’s $14 billion decision

Saudi Arabia’s largest and longest debt saga, fueled by a feud that has split one of its richest families, could be nearing a resolution after a […]
January 7, 2020

Goldman Sachs renames business units ahead of quarterly results

Goldman Sachs Group Inc said on Tuesday it renamed its main business units ahead of its quarterly results next week, as part of the Wall Street […]
January 7, 2020

Facebook defies China headwinds with new ad sales push

Facebook Inc is setting up a new engineering team in Singapore to focus on its lucrative China advertising business, according to three people familiar with the […]
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