U.S. manufacturing activity rebounds in January: ISM
U.S. factory activity unexpectedly rebounded in January after contracting for five straight months amid a surge in new orders, offering hope that a prolonged slump...
U.S. construction spending posts first drop since June
U.S. construction spending unexpectedly fell in December, posting its first drop since June, as investment in both private and public projects declined....
Exclusive: Outbreak to hit iPhone output if China extends Foxconn factory halt – source
Foxconn could see a “big” production impact and shipments to customers including Apple face disruption if a Chinese factory halt due to the coronavirus outbreak...
Wall Street rises at open after steep selloff
Wall Street’s main indexes rose at the open on Monday, following their worst week in at least four months due to growth concerns stemming from...
OPEC+ considering further 500,000 bpd oil output cut: sources
OPEC and its allies are considering cutting their oil output by a further 500,000 barrels per day (bpd) due to the impact on oil demand...
Wall Street set to open higher after steep selloff
U.S. stocks were set to open higher on Monday, following steep declines in the previous session, with China’s move to improve liquidity and relieve pressure...
AirAsia CEO Fernandes and chairman step aside as Airbus bribery allegations probed
AirAsia Group CEO Tony Fernandes and Chairman Kamarudin Meranun will step aside for at least two months while the airline and authorities investigate allegations Airbus...
Oil falls as coronavirus hits demand; OPEC+ considers deeper cuts
Oil prices fell on Monday, dragged down by concern over demand in China after the coronavirus breakout, though the possibility of deeper crude output cuts...
UK businesses need to prepare whatever the outcome of EU trade talks – PM’s spokesman
Businesses will have to take the same steps to prepare for the end of the Brexit transition period whether Britain strikes the Canada-style trade deal...
Brexit trade deal clash: UK and EU begin sparring over rules
The European Union and Britain clashed over a post-Brexit trade deal on Monday with Prime Minister Boris Johnson insisting he need not sign up to...