Caterpillar says most of its Chinese facilities reopened on February 10
Caterpillar reopened most of its facilities in China on Monday after getting the go-ahead from the local government following the coronavirus outbreak, the company said....
Trump’s $4.8 trillion budget gets chilly reception from Congress
President Donald Trump’s $4.8 trillion budget plan for the coming fiscal year drew a prompt rejection on Monday from congressional Democrats, who said it betrayed...
Walmart’s Mexico unit posts 2.7% rise in January same-store sales
Walmart de Mexico, the country’s biggest retailer, said on Monday that sales at stores in Mexico open for more than a year rose 2.7% in...
Oil drops to 13-month low on weak Chinese demand, traders eye OPEC+ cuts
Oil prices fell to their lowest level since December 2018 on Monday on weaker Chinese demand in the wake of the coronavirus outbreak and as...
Nasdaq hits new high as investors look beyond coronavirus
Wall Street gained ground and the Nasdaq reached a new record on Monday as Chinese workers and factories slowly returned to business following a Lunar...
Deutsche Bank to issue at least $1 billion in AT1 securities
Deutsche Bank said on Monday it would issue at least $1 billion in Additional Tier 1 (AT1) securities as the bank manages its regulatory capital...
Amazon wants Trump to testify on ‘order to screw Amazon’ in Pentagon deal
Amazon Web Services said on Monday it was seeking to depose President Donald Trump and Defense Secretary Mark Esper in its lawsuit over whether the...
Wall Street higher on U.S. growth optimism; Nasdaq hits record
U.S. stocks rose and the Nasdaq hit a record high on Monday, as a recent set of strong domestic economic data and largely upbeat fourth-quarter...
Safe-havens rise on coronavirus concerns, stocks rebound
Gold rose and the dollar hit a four-month high against the euro on Monday as the death toll from coronavirus outbreak passed that of the...
Exor expects $13 billion for careful acquisitions after PartnerRe sale
Investment group Exor will have around $13 billion in cash provided it closes a deal to sell its reinsurance unit PartnerRe and it would spend...