Pfizer profit misses estimates, revenue declines as Lyrica sales tumble
Pfizer Inc on Tuesday reported lower-than-expected quarterly profit and a decline in revenue as sales of its off-patent pain treatment Lyrica more than halved, sending...
Crude prices bounce up with U.S. stock markets after virus-related selloff
Oil futures edged up on Tuesday after falling for five days, bouncing up with Wall Street, and crude also drew support from talk that OPEC...
Defying Trump, UK’s Johnson refuses to ban Huawei from 5G
Prime Minister Boris Johnson granted Huawei a limited role in Britain’s 5G mobile network on Tuesday, frustrating a global attempt by the United States to...
Wall Street recovers from Monday rout on tech, financial support
U.S. stocks rose on Tuesday as gains in technology and financial shares helped major indexes recover from their worst selloff in about four months on...
Intelligence sharing will not be put at risk by Huawei decision-UK’s Raab
Britain’s Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday’s decision to allow China’s Huawei [HWT.UL] a role in building the...
Defying Trump, Britain’s Johnson gives Huawei restricted 5G remit
Prime Minister Boris Johnson granted Huawei [HWT.UL] a limited role in Britain’s 5G mobile network on Tuesday, resisting U.S. pressure to exclude the Chinese company...
In post-repo squeeze twist, Fed may nudge up interest paid to banks
One potential side effect of the U.S. Federal Reserve’s efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing...
Brent crude steadies just under $60/bbl, China oil demand in focus
Oil futures steadied somewhat on Tuesday after a five-day losing streak as OPEC sources said the group and its allies might tighten the market amid...
Adidas to launch new fabrics from recycled ocean plastic, polyester
Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of...
Wall Street opens higher after Monday’s selloff
U.S. stock indexes opened higher on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on concerns...