July 23, 2018

Wall Street rises as financials gain, tech rebounds

U.S. stocks rose on Monday as a jump in 10-year bond yields to a month’s high boosted financials and technology stocks rebounded, with investors waiting for […]
July 23, 2018

U.S. home sales sag as prices race to record high

U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent shortage of properties on the market drove house prices to […]
July 23, 2018

JPMorgan, Morgan Stanley picked to advise on Aramco’s SABIC deal: sources

JPMorgan and Morgan Stanley have been picked to advise on Saudi Aramco’s plan to buy a controlling stake in petrochemical maker SABIC , several sources familiar […]
July 23, 2018

Crude pulls back as focus returns to oversupply

Oil prices pulled back in volatile trading on Monday as both crude benchmarks fell after rallying more than $1 a barrel early in the session on […]
July 23, 2018

Storied tabloid N.Y. Daily News slashes half its news staff

The New York Daily News, the city’s scrappy, 99-year-old tabloid, is laying off half of its editorial staff, as U.S. newspapers continue to struggle with sharply […]
July 23, 2018

Fiat Chrysler loses another executive after Marchionne illness

New Fiat Chrysler boss Mike Manley was handed extra responsibilities for the carmaker’s European business on Monday when a fellow executive quit after being passed over […]
July 23, 2018

Veolia says Claude Laruelle to become new CFO

French water and waste group Veolia said in a statement executive committee member Claude Laruelle had been appointed new chief financial officer. Powered by WPeMatico
July 23, 2018

Marvel sales help Hasbro soothe Toys ‘R’ Us headache

U.S. toymaker Hasbro Inc beat expectations for quarterly profit and revenue on Monday as a jump in Marvel toy sales helped it recover ground lost in […]
July 23, 2018

Bond yields rise worldwide on BoJ easing talk, stocks slip

Signs that the Bank of Japan (BoJ) might scale back support for the economy faster than expected sent tremors through debt markets on Monday, while stocks […]
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