October 29, 2019

Russia’s Sberbank to buy stake in Mail.ru to expand in digital economy

Sberbank has agreed to buy Gazprombank’s holding stake in internet company Mail.ru as Russia’s largest lender continues its transformation under Chief Executive German Gref into a […]
October 29, 2019

GM earnings beat lifts shares but U.S. strike weighs on outlook

General Motors Co on Tuesday slashed its earnings forecast for 2019, saying that a 40-day U.S. labor strike by the United Auto Workers union that brought […]
October 29, 2019

Oil slips to $61 on OPEC+ doubts, U.S. inventories in view

Oil slipped to around $61 a barrel on Tuesday, falling for a second day, pressured by expectations of a rise in U.S. crude inventories and doubts […]
October 29, 2019

Futures tick lower on mixed earnings reports

U.S. stock index futures edged lower on Tuesday as investors assessed a mixed batch of earnings reports, including from Google parent Alphabet and big drugmakers Merck […]
October 29, 2019

Boeing CEO to face tough questions from U.S. lawmakers

Boeing Co Chief Executive Dennis Muilenburg will begin the first of two days of testimony Tuesday before U.S. lawmakers and will face tough questions on the […]
October 29, 2019

ConocoPhillips profit beats estimates on higher production

U.S. oil and gas company ConocoPhillips’ quarterly profit shot ahead of analysts’ estimates on Tuesday, as higher shale production offset the impact from lower crude prices […]
October 29, 2019

Facebook, Google, Twitter urged to do more to combat fake news in EU

Facebook , Google and Twitter must do more to tackle fake news or face regulatory action, the European Commission said on Tuesday. Powered by WPeMatico
October 29, 2019

Pfizer beats profit estimates, raises 2019 earnings forecast

Pfizer Inc posted a third-quarter profit well ahead of analysts’ estimates on higher sales of breast cancer drug Ibrance and raised its earnings forecast for the […]
October 29, 2019

Merck profit beats estimates as Keytruda sales surge

Merck & Co Inc reported a better-than-expected quarterly profit on Tuesday and raised its full-year earnings forecast as sales of its blockbuster immunotherapy, Keytruda, crossed the […]
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