February 12, 2019

EA’s ‘Apex Legends’ tops ‘Fortnite’ record with 25 million signups

Shares of Electronic Arts Inc jumped 8 percent on Tuesday after the videogame maker said 25 million players signed up for its new battle royal game […]
February 12, 2019

Wall St. opens higher on trade hopes, progress to avert government shutdown

U.S. stocks opened higher on Tuesday, buoyed by a tentative deal reached by U.S. lawmakers to avoid another partial government shutdown and as the United States […]
February 12, 2019

Altria now taps U.S. bond market after Europe to fund Juul deal

Marlboro maker Altria said on Tuesday it would issue bonds in the United States to help fund its purchase of a stake in fast-growing e-cigarette company […]
February 12, 2019

Pompeo calls for open, fair competition between firms

The United States is fine with companies competing in global markets but it must be done in an open and transparent way, U.S. Secretary of State […]
February 12, 2019

Under Armour reins in discounts, beats holiday-quarter profit forecasts

Under Armour Inc, exceeded Wall Street estimates for quarterly profit on Tuesday, as the sportswear maker cut product sourcing costs and sold fewer discounted sneakers during […]
February 12, 2019

Under Armour expects current-quarter North America revenue to fall

Under Armour Inc expects a mid-single digit fall in its first-quarter revenue in North America, the footwear maker said on a post-earnings conference call on Tuesday. […]
February 12, 2019

Oil up nearly 2 percent on Saudi and OPEC cuts

Oil prices gained nearly 2 percent on Tuesday, supported by OPEC-led production cuts which Saudi Arabia said it would surpass by over half a million barrels […]
February 12, 2019

Venezuela pressures foreign partners on oil venture commitments: sources

Foreign partners of Venezuela’s PDVSA are facing pressure from the state-run oil firm to publicly declare whether they will continue as minority stakeholders in Orinoco Belt […]
February 12, 2019

German government to consult further before taking Huawei decision: source

The German government will consult further with telecoms operators and vendors before deciding whether to let Chinese firms such as Huawei Technologies participate in building future […]
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