August 6, 2018

Tyson beats profit estimates, but trade spats threaten sales

Tyson Foods Inc , the No. 1 U.S. meat processor, beat analysts’ quarterly profit estimates on Monday due to strong demand for beef, but executives warned […]
August 6, 2018

BMW Korea apologizes as 27 vehicles catch fire over January-July

BMW’s South Korean unit apologized over a spate of engine fires, estimated by the country’s transport ministry at 27 over January to July, that has prompted […]
August 6, 2018

Stocks dip as trade fears offset earnings; sterling slumps, dollar gains

World stock markets broadly edged lower on Monday as concerns of a further escalation of a trade fight between the United States and China offset corporate […]
August 6, 2018

Oil up after OPEC sources say Saudi crude output fell

Oil futures rose on Monday after OPEC sources said Saudi crude production unexpectedly fell in July, raising concerns about global oil supplies as the United States […]
August 6, 2018

Wynn Resorts settles with Elaine Wynn, names industry veteran vice-chairman

Casino operator Wynn Resorts on Monday named industry veteran Phil Satre its vice-chairman, in a symbolic victory for largest shareholder Elaine Wynn, who has been pushing […]
August 6, 2018

Goldman Sachs names Jim Esposito co-head of trading division

Goldman Sachs on Monday named Jim Esposito global co-head of the Wall Street bank’s trading division, according to an internal memo seen by Reuters. Powered by […]
August 6, 2018

Facebook asks U.S. banks for financial info to boost user engagement: WSJ

Facebook Inc has asked large U.S. banks to share detailed financial information about their customers, as part of an effort to offer new services to users, […]
August 6, 2018

Futures edge higher as strong earnings offset trade worries

U.S. stock futures were marginally higher on Monday as strong corporate earnings countered worries about escalating trade tensions between the United States and China. Powered by […]
August 6, 2018

Friendship no more: how Russian gas is a problem for Germany

For decades, the Friendship pipeline has delivered oil from Russia to Europe, heating German homes even in the darkest days of the Cold War. Powered by […]
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