Saudi Aramco’s bookrunners recommend IPO should be priced at top end: sources
Saudi Aramco’s bookrunners have recommended the oil giant should price its initial public offering at 32 riyals ($8.5) per share, the top of an indicative...
Wall Street opens higher as report revives trade deal hopes
U.S. stocks opened higher on Wednesday after a report that the United States and China were moving closer to signing a ‘phase-one’ trade deal....
U.S. private sector job growth at six-month low in November: ADP
U.S. private-sector job growth unexpectedly slowed to its weakest pace in six months in November, and goods producers and construction firms cut jobs, a private...
OPEC gearing up for deeper oil cuts, Russia yet to agree
OPEC is gearing up to deepen production cuts later this week but still needs to agree with allies such as Russia over details of a...
Stocks back to ‘risk-on’ after Trump trade war scare
European stocks recovered on Wednesday from their losses the day before, when U.S. President Donald Trump surprised world markets by saying a trade deal with...
Ryanair warns of base closures, job losses on delay in Boeing MAX delivery
Ryanair Holdings Plc said on Wednesday it would receive just half of the planned 20 Boeing 737 MAX aircraft deliveries, leading to closure of two...
Futures jump on report of U.S., China nearing phase-one trade deal
U.S. stock index futures shot up on Wednesday, putting Wall Street’s main indexes on course to snap a three-day losing streak, following a report that...
Amazon Air provider hit with ‘no confidence’ vote as holiday shipping ramps up
ABX Air pilots who fly for Amazon.com Inc and other clients cast a near-unanimous vote of “no confidence” against company management as the holiday shipping...
Elon Musk due back on witness stand in defamation trial stemming from tweets
Tesla Chief Executive Elon Musk was due to resume testifying in his own defense on Wednesday at the trial for a defamation lawsuit filed by...
Stocks in tentative rebound after Trump’s trade war scare
European stocks opened higher on Wednesday, recovering some of the losses made in the previous session when U.S. President Donald Trump surprised world markets by...