Wall Street rises at open following four-day rout
Wall Street’s main indexes opened higher on Wednesday after suffering their worst four-day percentage fall in more than a year on fears of the economic...
U.S. crude drops below $50 as virus spreads in Middle East and Europe
U.S. crude dropped below $50 on Wednesday to its lowest since January 2019, as Asia, Europe and oil-producing countries in the Middle East reported hundreds...
Electrolux says implementing Italy travel ban until March 9 due to Coronavirus
Swedish home appliance maker Electrolux said on Wednesday it had decided on ban travel by its employees to and from Italy, where it has manufacturing...
Google to invest over $10 billion in 2020 on U.S. data centers, offices
Alphabet Inc’s Google said on Wednesday it would invest more than $10 billion in offices and data centers across the United States this year....
Wall Street set to open higher after four-day selloff
Wall Street’s main indexes looked set to gain ground on Wednesday after suffering their worst four-day percentage fall in more than a year on fears...
Profit rise lifts Peugeot shares ahead of Fiat merger
Peugeot maker PSA Group said on Wednesday profitability reached a record high in 2019, results that contrasted with those of many rivals and boosted the...
Futures look for direction after four-day selloff
U.S. stock index futures were mixed on Wednesday after the Dow and the S&P 500 indexes suffered their sharpest four-day percentage fall in more than...
Ford’s incoming COO focuses on cost cuts, launches, change
Ford Motor Co’s incoming chief operating officer outlined his priorities for the company’s turnaround on Wednesday, including cost cuts and more efficient new-vehicle launches in...
Bayer chairman quits as Roundup settlement talks progress
Bayer Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits,...
Britain’s Lloyds to cut 780 jobs: union
Britain’s biggest domestic bank Lloyds is planning to axe 780 jobs as part of ongoing cost-cutting at the lender, union Unite said on Wednesday....