October 25, 2019

Asian shares, sterling falter as Brexit, growth anxiety sap confidence

Asian shares wobbled on Friday as investors were reluctant to make big bets ahead of key central bank policy meetings next week against the backdrop of […]
October 25, 2019

Oil drops after three-day rally amid economic growth concerns

Oil prices declined on Friday after three straight days of gains, as gloomy economic growth forecasts renewed concerns over the outlook for demand. Powered by WPeMatico
October 25, 2019

South Korea grounds nine Boeing 737 NG planes with cracks

South Korea’s transport ministry on Friday said nine Boeing Co 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. […]
October 25, 2019

Judge asks Samsung heir to be humble at bribery trial

A South Korean judge overseeing Samsung Group heir Jay Y. Lee’s bribery trial told him on Friday to “humbly accept” whatever the outcome of the trial, […]
October 25, 2019

Citi names Fraser as president, putting her in line to be first female CEO

Citigroup Inc has promoted Jane Fraser to head of its global consumer bank and president, putting her in a position eventually to become the first female […]
October 25, 2019

Senate Democrat Schumer proposes plan to swap gas cars for electric vehicles

Senator Chuck Schumer, the top Senate Democrat, late on Thursday proposed a $454 billion plan over 10 years to help shift the United States away from […]
October 25, 2019

Saudi Arabia faces reality check as Wall Street heads to Riyadh

Wall Street’s heavy hitters are back in Saudi Arabia but the terms of engagement have changed. Powered by WPeMatico
October 25, 2019

Twitter ad platform suffers tech glitches, hitting revenue; shares tumble

Twitter Inc posted worse-than-expected quarterly revenue and profit on Thursday, plagued by technical issues that hurt its advertising, and unusually low demand over the summer, sending […]
October 25, 2019

UAW, Mack Trucks agree tentative deal, suspend two-week strike

United Auto Workers (UAW) suspended a two-week-long strike after reaching a tentative deal with Volvo’s Mack Trucks on Thursday, both parties said. Powered by WPeMatico
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