Oil edges up as stock markets rebound after virus-related selloff
Oil futures edged up on Tuesday after falling for five days, gaining support from a rebound in Wall Street stocks and talk that OPEC and...
Countdown to recession: What an inverted yield curve means
NEW YORK – A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has...
Freeport CEO ‘looking forward’ to deals once expansion projects done
Freeport-McMoran Inc , the world’s largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022,...
United Airlines suspends some U.S. flights to China as demand drops over virus fears
United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1...
Renault turns to VW’s De Meo as carmaker seeks fresh start
Renault’s Tuesday named Luca de Meo, the former head of Volkswagen’s Seat brand, as its next chief executive, as the carmaker looks to draw a...
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...