April 18, 2018

Energy, industrial stocks lift Wall Street, IBM drags

(Reuters) – Wall Street edged higher in a volatile session on Wednesday as industrial stocks gained on strong results from some marquee companies and a jump […]
April 18, 2018

Whiskey sour? China importers fret over U.S. trade battle

SHANGHAI (Reuters) – When spirits dealer Daniel Taytslin brought his first pallet of American Ragtime Rye whiskey into Shanghai in early April, the 672 bottles faced a 5 percent import […]
April 18, 2018

Explainer: Ant Financial’s $150 billion valuation, and the big recent bump-up

HONG KONG (Reuters) – Ant Financial’s rapid climb to become the world’s biggest super unicorn valued by some investors at around $150 billion showcases investor enthusiasm […]
April 18, 2018

Exclusive: OPEC’s new price hawk Saudi Arabia seeks oil as high as $100 – sources

DUBAI/LONDON (Reuters) – Top oil exporter Saudi Arabia would be happy to see crude rise to $80 or even $100 a barrel, three industry sources said, […]
April 18, 2018

S&P posts slight gains on industrials, IBM drags

(Reuters) – The benchmark S&P 500 index posted slight gains on Friday, helped by gains from industrial and energy stocks, but IBM’s disappointing results and a […]
April 18, 2018

Abbott’s quarterly profit, sales beat Street estimates

(Reuters) – Abbott Laboratories’ first-quarter profit and sales beat analysts’ estimates on Wednesday but some investors were disappointed as the healthcare company maintained its full-year profit […]
April 18, 2018

VW’s Electrify America to install EV chargers at Walmart stores

DETROIT (Reuters) – Volkswagen AG unit Electrify America will install electric vehicle charging stations at more than 100 Walmart Inc store locations in 34 U.S. states […]
April 18, 2018

China’s ZTE delays earnings release following U.S. export ban

(Reuters) – Chinese smartphone maker ZTE Corp on Wednesday postponed the release of quarterly earnings, saying it needs time to assess the impact of a U.S. […]
April 18, 2018

Morgan Stanley warns on volatility after profit jump

(Reuters) – Morgan Stanley tracked arch rival Goldman Sachs in delivering stronger-than-expected results on Wednesday, but sounded a note of caution about the impact of trade […]
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