November 28, 2018

Wall Street opens higher on trade truce hopes; Powell speech eyed

U.S. stocks opened higher on Wednesday on hopes of a trade truce between the United States and China at the G20 Summit, and as investors looked […]
November 28, 2018

Wall Street grows cautious but still optimistic: Reuters poll

Fears of a prolonged U.S.-China trade war and a potentially overzealous Federal Reserve have left Wall Street strategists less optimistic about stock market gains next year, […]
November 28, 2018

U.S. third-quarter growth unrevised; headwinds increasing

The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the […]
November 28, 2018

Car market collapse outruns GM moves to keep up

General Motors Co’s monumental announcement on Monday that it will close three car assembly plants in North America and slash its workforce will only partially close […]
November 28, 2018

Trump retweets item saying GM should pay back bailout money

President Donald Trump on Wednesday retweeted a suggestion that General Motors Co should pay back the money the government spent to keep it afloat as part […]
November 28, 2018

Siemens CEO received pay rise in 2018: annual report

Siemens paid its chief executive Joe Kaeser a total of 7.82 million euros ($8.82 million) during its 2018 financial year, the German engineering company said in […]
November 28, 2018

Dismantling the oil industry: rough North Sea waters test new ideas

(This Nov. 27 story has been refiled to correct spelling of surname of Oil and Gas UK decommissioning manager.) Powered by WPeMatico
November 28, 2018

Deutsche Bank Americas head expected to leave: sources

Deutsche Bank’s head of the Americas, Tom Patrick, is likely to leave the bank, possibly by the end of the year, two people with knowledge of […]
November 28, 2018

Insurer AXA raises profit targets in wake of $15 billion XL deal

AXA , Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, […]
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