February 26, 2019

Pound leaps on Brexit hopes, shares take breather

Britain’s pound vaulted to a 21-month high against the euro on Tuesday on hopes that the worst of all Brexits will be avoided, while world shares […]
February 26, 2019

JPMorgan maintains key profit goal for next three years

JPMorgan Chase & Co on Tuesday maintained its key profit goal for its medium-term outlook of three years, according to an investor presentation ahead of its […]
February 26, 2019

Putin won’t intervene over detained U.S. investor: Kremlin

Russia’s President Vladimir Putin will not intervene in the case of a prominent U.S. investor arrested over embezzlement accusations, the Kremlin said on Tuesday, playing down […]
February 26, 2019

PSA Group may start production of Opel cars in Russia

French carmaker PSA Group may begin assembling Opel cars at its Russian plant in Kaluga, the company said on Tuesday, as it reintroduces the brand to […]
February 26, 2019

Short seller Andrew Left loses appeal against Hong Kong market ban

U.S. short seller Andrew Left lost his legal bid on Tuesday to overturn a five-year ban from Hong Kong’s financial markets and a fine for market […]
February 26, 2019

Thomson Reuters posts 9 percent rise in quarterly revenue

Thomson Reuters on Tuesday reported a 9 percent rise in quarterly revenue, stripping out the impact of currency, helped by higher sales at its Legal and […]
February 26, 2019

Brazil’s Embraer says injunction holding up Boeing deal has been lifted

A federal court in Brazil has lifted an injunction that had prohibited Embraer SA from holding a shareholders’ meeting to approve a tie-up with Boeing Co, […]
February 26, 2019

SEC attack on Tesla’s Musk pushes shares lower

Shares in Tesla Inc could fall by a fifth in value if the U.S. Securities and Exchange Commission’s latest attack on Chief Executive Officer Elon Musk […]
February 26, 2019

Home Depot forecasts poor 2019 earnings as U.S. housing momentum slows

Home Depot Inc projected 2019 earnings below Wall Street forecasts on Tuesday, as rising U.S. home prices discourage many Americans from buying new houses. Powered by […]
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