December 23, 2019

Oil steadies as Russia touts easing OPEC+ output

Oil prices were little changed on Monday as Russia said an OPEC-led producer group may consider easing output cuts next year, offsetting support from some investor […]
December 23, 2019

Credit Suisse admits spying on second executive

Credit Suisse on Monday admitted to snooping on another of the bank’s former executives, deepening a spying scandal at the Swiss group, which is already under […]
December 23, 2019

Global shares inch to new highs on trade hopes, dollar little changed

Equity markets extended a year-end rally on Monday, with a global index of stocks’ performance and Wall Street hitting new highs, lifted by optimism over U.S.-China […]
December 23, 2019

S&P 500, Nasdaq scale new highs; Boeing lifts Dow

The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed “very […]
December 23, 2019

Electric vehicle startup Rivian scores $1.3 billion investment from T.Rowe Price, others

Electric vehicle startup Rivian said on Monday it closed a $1.3 billion investment round, led by fund manager T. Rowe Price but also including existing investors […]
December 23, 2019

U.S. business spending on equipment weak; housing regaining footing

New orders for key U.S.-made capital goods barely rose in November and shipments fell, suggesting business investment will probably remain a drag on economic growth in […]
December 23, 2019

Factbox: From GE to media, Boeing’s new CEO

Boeing Co appointed Chairman David Calhoun as chief executive to steer the world’s largest planemaker through a crisis after two deadly crashes led to the grounding […]
December 23, 2019

Boeing CEO ousted as 737 MAX crisis deepens

Boeing Co has ousted Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its […]
December 23, 2019

S&P 500 notches another record high as Trump fuels trade optimism

The S&P 500 opened at another record high on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed “very shortly”, while […]
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