Wall Street surges as China financial measures soothe virus worries
The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of...
U.S. government experts, industry spar over asbestos testing in talc
For the first time in nearly 50 years, the U.S. Food and Drug Administration examined asbestos testing for talc powders and cosmetics at a hearing...
Siemens to buy Iberdrola’s stake in Siemens Gamesa
Siemens is buying Iberdrola’s stake in Siemens Gamesa renewable energy , the German engineering company said, as it prepares to merge the business with its...
Oil slides as demand fears outweigh hopes for bigger OPEC+ cuts
Oil prices edged lower on Tuesday as fears that energy demand would take a long-term hit from the coronavirus outbreak offset prospects for more cuts...
Great American Comeback? Trump’s economy has both boom and gloom
The United States is in its 11th year of a record-setting economic expansion, a fact that President Donald Trump is expected to highlight in his...
Luckin Coffee share price may nearly double to $60 on U.S. exchanges: hedge fund Citron Capital
China-based Luckin Coffee Inc’s shares could double in price after it overcomes the negative impact of the coronavirus outbreak and a widely publicized bearish bet...
FDA holds rare public meeting on asbestos testing in talc
For the first time in nearly 50 years, the U.S. Food and Drug Administration examined asbestos testing for talc powders and cosmetics at a hearing...
Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal
The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role...
Exclusive: First Petrobras employee flips in Brazil commodity traders probe
A former trader at oil firm Petrobras has signed a plea bargain agreement with Brazilian prosecutors investigating bribery allegations, defense lawyers and prosecutors said, a...
Beat laments Uber’s Colombia departure, but will not hold back in its absence
Ride-hailing company Beat hopes rival Uber will return to Colombia, but meanwhile, it will capitalize on the void it left and try to fill it,...