Futures surge as China liquidity measures calm investor fears
U.S. stock index futures jumped 1% on Tuesday, signaling a recovery for Wall Street from a sharp coronavirus-led pullback last week, with fresh intervention by...
Visa planning biggest changes to U.S. swipe fees in a decade: Bloomberg
Visa Inc is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, Bloomberg reported https://bloom.bg/2vGWtA7 on Tuesday,...
Higher winterwear prices boost Ralph Lauren holiday margins; shares rise 6%
Ralph Lauren Corp beat market expectations for the holiday-quarter profit on Tuesday, as higher prices for its winterwear boosted margins, sending the fashion house’s shares...
Ralph Lauren beats quarterly revenue estimates
Ralph Lauren Corp inched past holiday-quarter revenue estimates on Tuesday, helped by demand for its winterwear in Europe and North America....
Exclusive: Fund giant Vanguard bypasses banks with forex algos
Vanguard, the $5.6 trillion asset manager, plans to start using computer-run algorithms this year to trade FX directly with other funds, depriving banks of some...
Visa planning biggest changes to swipe fees in a decade: Bloomberg
Visa Inc is planning the biggest changes in a decade to the rates U.S. merchants pay to accept its cards, Bloomberg reported https://bloom.bg/2vGWtA7 on Tuesday,...
ConocoPhillips misses profit estimates, boosts share buyback
U.S. oil and gas producer ConocoPhillips reported a lower-than-expected quarterly adjusted profit on Tuesday and boosted its share buyback program by $10 billion....
Siemens Gamesa boosting risk management to fend off project delays: CEO
Wind turbine maker Siemens Gamesa is acting fast to manage risks on its projects around the world to avoid a repeat of the delays that...
ING ordered to pay 30 million euros to settle Italy money-laundering probe: source
A Milan court ordered Dutch lender ING to pay 30 million euros ($33.17 million) to settle a money-laundering case in Italy, a judicial source said...
China’s airlines told not to axe global flights as thousands cut
China’s civil aviation authority has urged domestic carriers to continue flying international routes as they consider cuts in response to a drop in demand due...