December 14, 2018

Exclusive: Chinese battery firm halts purchases of cobalt from Glencore – sources

Chinese battery firm GEM has stopped buying cobalt from Glencore as the price of the battery material crashed below that agreed in a three-year deal between […]
December 14, 2018

Oil prices edge up on hopes global supplies will tighten

Oil prices climbed more than 2 percent on Thursday, after data showed inventory declines in the United States and as investors began to expect that the […]
December 14, 2018

Asian shares wobbly, euro steady after ECB ends QE

Asian shares were on the defensive on Friday as investors kept a wary eye on economic tensions between Washington and Beijing while the euro was steady […]
December 14, 2018

Nissan board may fail to select new chairman on Monday: Nikkei

Nissan Motor Co’s board may fail to select a chairman to succeed Carlos Ghosn as had been planned on Dec. 17 after a panel tasked to […]
December 14, 2018

New York sues Target, Walmart over lead-contaminated toys

Target Corp , Walmart Inc and toy importer LaRose Industries were sued on Thursday over the sale of lead-contaminated children’s toys, New York Attorney General Barbara […]
December 14, 2018

GE’s digital unit to sell majority stake in ServiceMax

General Electric Co on Thursday said its digital unit would sell a majority stake in ServiceMax, a cloud-based provider of software used in inventory and workforce […]
December 14, 2018

U.S. recession risks jump, Fed rate hike expectations slump: Reuters poll

The risk of a U.S. recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found […]
December 13, 2018

Costco margin dip overshadows sales beat, shares slide

Costco Wholesale Corp’s gross margins fell in the first quarter, as the warehouse operator paid higher wages, ramped up investments in its online business and cut […]
December 13, 2018

Evidence of Apple switch ruled inadmissible in Qualcomm antitrust case

A federal judge on Thursday ruled that evidence provided by chip supplier Qualcomm Inc that major phone makers like Apple Inc have moved to competing suppliers […]
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