TOKYO (Reuters) – Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks. FILE PHOTO: Pedestrians walk pass an electronic board showing the Japan’s Nikkei average (R) […]
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Asian shares gain on economy hopes, oil edges up on Mideast tensions
TOKYO (Reuters) – Asian share prices inched higher on Friday as economic stimulus around the world eased fears of economic deceleration while crude oil prices climbed on concerns that last weekend’s attacks on Saudi Arabia’s oil facilities still pose supply risks. FILE PHOTO: Pedestrians walk pass an electronic board showing the Japan’s Nikkei average (R) […]
Read MoreFacebook CEO Zuckerberg meets Trump, seeks to mend fences in Washington
WASHINGTON (Reuters) – Facebook’s Mark Zuckerberg met with President Donald Trump on Thursday during a fence-mending visit to Washington where the chief executive faced aggressive questioning from lawmakers about the social network’s failures to protect consumer privacy. Trump posted a photo with Zuckerberg on Twitter and called their session a “nice meeting” in the Oval […]
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Trump, Facebook CEO Zuckerberg had ‘good, constructive’ meeting: Facebook
WASHINGTON (Reuters) – U.S. President Donald Trump and Facebook (FB.O) Chief Executive Mark Zuckerberg had a “good, constructive” meeting at the White House on Thursday, the social media company said in a statement. The White House did not immediately respond to a request for comment. “Mark is in Washington, D.C., meeting with policymakers to hear […]
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Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China
(Reuters) – U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world’s largest economies. Last week, both sides offered goodwill gestures aimed at laying the groundwork for productive […]
Read MoreHouse Democrats ask if Trump interfered in DOJ automaker antitrust probe
WASHINGTON (Reuters) – Two U.S. Democratic lawmakers on Thursday asked the White House to turn over documents that would show if President Donald Trump interfered or directed a Justice Department antitrust probe of four automakers that struck voluntary agreements with California to reduce tailpipe emissions, according to a letter seen by Reuters. U.S. President Donald […]
Read MoreWall Street mixed as Microsoft climbs and Apple dips
(Reuters) – Wall Street ended mixed on Thursday, with a gain in Microsoft offsetting a dip in Apple, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. Microsoft (MSFT.O) rose 1.8% after unveiling a $40 billion stock buyback plan, while Apple (AAPL.O) declined 0.8% […]
Read MoreFrance’s CNP and Brazil’s Caixa seal $1.7 billion insurance deal
FILE PHOTO: A view shows the company logo of Caixa Economica Federal bank in downtown Rio de Janeiro August 20, 2014. REUTERS/Pilar Olivares SAO PAULO (Reuters) – France’s CNP Assurances SA (CNPP.PA) has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal [CEF.UL] to sell insurance in the bank’s more than […]
Read MoreBeyond Meat names former Tesla executive as COO
FILE PHOTO: A giant digital display shows Beyond Meat (BYND) listed on the NASDAQ stock exchange during the company’s IPO at the NASDAQ Market Site in Times Square in New York City, New York, U.S., May 2, 2019. REUTERS/Mike Segar (Reuters) – Beyond Meat Inc (BYND.O) said on Thursday it has named former Tesla Inc […]
Read MoreShares edge up after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance edged higher on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend’s attacks on Saudi Arabia’s oil facilities pose supply risks. Iran warned U.S. President Donald Trump against being dragged into all-out war in […]
Read MoreMediaset strikes deal to fend off Vivendi’s withdrawal risk
FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, April 7, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Mediaset (MS.MI) had reached an agreement with an investor to facilitate its plan to create a pan-European platform, the company said on Thursday, in a move to offset any potential attempt to derail the […]
Read MoreTrian and P&G highlight activist-corporate collaboration after ‘fog of war’
NEW YORK (Reuters) – Eighteen months after officially burying the hatchet in one of America’s most bitter proxy contests, Procter & Gamble Co (PG.N) CEO David Taylor and billionaire investor Nelson Peltz proclaimed their mutual respect on Thursday, underscoring how activists and corporations can end up working collaboratively. FILE PHOTO: The logo for Procter & […]
Read MoreWall Street ends mixed as Microsoft, Apple offset
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid (Reuters) – Wall Street ended mixed on Thursday, with a dip in Apple Inc (AAPL.O) shares offsetting a gain in Microsoft Corp (MSFT.O) shares a day after the Federal Reserve cut interest […]
Read MoreShares rise after Fed rate cut, oil prices gain
NEW YORK (Reuters) – A gauge of global equity performance rose within 1% of a record high on Thursday, a day after the Federal Reserve cut interest rates, but crude oil prices climbed higher on concerns last weekend’s attacks on Saudi Arabia’s oil facilities pose supply risks. Iran warned U.S. President Donald Trump against being […]
Read MoreMicrosoft nudges S&P 500 toward record high
(Reuters) – Microsoft and healthcare companies lifted Wall Street on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September 18, 2019. REUTERS/Brendan McDermid Microsoft […]
Read MoreChinese officials to visit U.S. farmland as trade talks continue: U.S. agriculture chief
FILE PHOTO: U.S. Secretary of Agriculture Sonny Perdue speaks during an event hosted by U.S. President Donald Trump with workers on “Cutting the Red Tape, Unleashing Economic Freedom” in the Oval Office of the White House in Washington, U.S., October 17, 2018. REUTERS/Joshua Roberts/File Photo WASHINGTON (Reuters) – A Chinese delegation will visit American farm […]
Read MoreMediaset strikes deal to limit withdrawal rights impact in pan-EU TV deal
FILE PHOTO: The Mediaset tower is seen in Cologno Monzese neighbourhood Milan, Italy, April 7, 2016. REUTERS/Stefano Rellandini MILAN (Reuters) – Italian broadcaster Mediaset (MS.MI) said on Thursday it had reached an agreement with Peninsula Holding to limit the impact of the exercise of withdrawal rights in its deal to create a pan-European TV platform […]
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Trump adviser says U.S. president ready to escalate trade war if no deal agreed soon: SCMP
(Reuters) – A trade adviser to Donald Trump has said the U.S. president is ready to escalate the ongoing trade war with China if a trade deal is not agreed soon, the South China Morning Post reported on Thursday. “Does the president have options to escalate the trade war? Yes, the tariffs can be raised […]
Read MoreSaudi attacks rattle shippers’ plan to switch fuels
LONDON/NEW YORK (Reuters) – Refinery outages in Saudi Arabia following weekend attacks on its oil facilities could deal a blow to the shipping industry’s preparations for the biggest switch in fuel standards in decades. FILE PHOTO: Smoke is seen following a fire at Aramco facility in the eastern city of Abqaiq, Saudi Arabia, September 14, […]
Read MoreMicrosoft, health shares boost Wall Street; S&P 500 eyes record high
(Reuters) – Gains in Microsoft and healthcare shares boosted Wall Street’s main indexes on Thursday, a day after the Federal Reserve cut interest rates as expected and left the door open for further monetary easing. FILE PHOTO: A Microsoft logo is seen in Los Angeles, California U.S. November 7, 2017. REUTERS/Lucy Nicholson/File Photo Shares of […]
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