November 1, 2019

U.S., China reach consensus on principles after trade talks: Xinhua

The United States and China have reached consensus after talks between their main trade negotiators on Friday, Beijing’s state-media Xinhua News Agency reported. Powered by WPeMatico
November 1, 2019

Aramco meets investors in last-minute bid to hit $2 trillion IPO target: sources

Saudi Aramco officials and advisers are holding last-minute meetings with investors in an attempt to achieve as close to a $2 trillion valuation as possible ahead […]
November 1, 2019

U.S. insurer AIG’s third-quarter profit misses estimates

American International Group Inc missed analysts’ estimates for third-quarter profit on Friday due to weakness in the insurer’s life and retirement unit and a difficult period […]
November 1, 2019

Not just the MAX: planemakers face slump in demand for wide-body jets

Orders for long-distance wide-body jets are on track to fall this year by the most since the throes of the 2008 financial crisis, fuelling concerns that […]
November 1, 2019

Chevron’s profit falls due to weaker oil and gas prices

Chevron Corp reported a 36% drop in third-quarter profit on Friday, hit by lower oil and gas prices and refining margins, and warned higher costs would […]
November 1, 2019

With U.S. hiring robust, Fed’s rate pause gets buy-in

A show of strength in the labor market is giving traders a bit more confidence that the Federal Reserve will keep borrowing costs where they are […]
November 1, 2019

Fed’s Kaplan says policy is appropriate, should now be patient

Dallas Federal Reserve Bank President Robert Kaplan said on Friday the U.S. central bank now has monetary policy at a “roughly” appropriate setting and should leave […]
November 1, 2019

Google takes on wearables giants with $2.1 billion Fitbit deal

Alphabet Inc-owned Google will buy fitness tracker pioneer Fitbit Inc for $2.1 billion, as the search giant looks to take on Apple and Samsung in the […]
November 1, 2019

S&P 500, Nasdaq hit record high on U.S. jobs report, China data

U.S. stocks rose nearly 1% on Friday, taking comfort from October data that showed U.S. jobs growth slowed less than expected and China’s factory activity expanded […]
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