Oil rises on U.S. crude stocks fall, OPEC comments on U.S. shale growth
Oil rose on Thursday after industry data showed a surprise drop in U.S. crude inventories, while comments from OPEC about lower-than-expected U.S. shale production in...
Burberry aims to woo more customers in China with Tencent tie-up
British luxury brand Burberry on Thursday said it has joined forces with China’s Tencent for a new digital marketing and sales push to tap the...
Walmart raises earnings forecast, expects strong holiday sales
Walmart Inc reported better-than-expected third quarter U.S. comparable sales on Thursday as people spent more at its stores and website and the retailer picked up...
Futures slip as weak Chinese data sparks growth fears; Cisco falls
U.S. stock index futures slipped slightly on Thursday, a day after the S&P 500 and the Dow closed at record highs, as weak Chinese economic...
How to make the most of a zero-commission world
How interested are people in trading stocks for free?...
Singapore fines UBS $8 million over deceptive bond trades
Singapore said on Thursday it had levied an S$11.2 million ($8 million) fine on Swiss bank UBS after investigations showed its advisors deceived clients over...
SoftBank’s Yahoo Japan in merger talks with Line, shares jump
SoftBank’s Yahoo Japan is in talks to merge with messaging app operator Line Corp to create a $27 billion tech giant and help the Japanese...
Daimler seeks 1 billion euros in savings at Mercedes-Benz by cutting jobs
Tougher emissions rules will hit Daimler’s profits in 2020 and 2021, prompting the German carmaker to seek more than 1 billion euros ($1.1 billion) in...
Stocks dip as China slowdown deepens, German economy weak
World stocks nudged down on Thursday as Chinese economic data slowed in October and Germany only narrowly avoided a recession in the third quarter, adding...
Boeing drops automation system used to build 777 jets
Boeing Co has abandoned a key automation system used to make fuselage sections for its 777 jetliners amid reports of reliability issues, and will instead...