Trade deal hopes propel Wall Street to record high
Wall Street’s three main indexes hit record highs on Monday, lifted by gains in energy and technology stocks on hopes of a U.S.-China trade deal...
McDonald’s says Easterbrook eligible for six months severance pay
McDonald’s Corp said on Monday former Chief Executive Officer Steve Easterbrook was eligible for six months of severance pay, as part of his termination agreement...
Ferrari looks to capitalize on brand name as it promises faster growth
Strong sales of Ferrari’s Portofino and 812 Superfast models enabled the Italian luxury carmaker to raise its outlook on Monday, with a new brand strategy...
Lion Air aims for up to $1 billion listing in early 2020: sources
Lion Air is targeting a flotation of up to $1 billion in the first quarter of 2020, several sources close to the matter said, as...
Boeing’s grounded MAX seen resuming Europe flights in first-quarter: EASA
Boeing’s grounded 737 MAX airliner is likely to return to service in Europe during the first quarter of 2020, the head of the European Union...
Fed’s Powell to testify on economy on November 13
Federal Reserve Chair Jerome Powell will testify on the economy before Congress on November 13, the congressional Joint Economic Committee said on Monday....
Stocks rise on trade hopes, dollar gains on risk appetite
The dollar strengthened and global stock markets rallied on Monday on signs the United States and China could soon end a damaging trade war as...
Oil prices rise 2% on U.S.-China hopes and improved outlook
Oil prices rose $1 a barrel on Monday, buoyed by an improved outlook for crude demand as better-than-expected U.S. jobs growth added to market hopes...
ECB governor accused of bribery in Latvia corruption trial
Latvia’s central bank chief, who led the former Soviet republic into the euro, appeared in court on Monday accused of bribery in the first corruption...
ArcelorMittal to hand Ilva plant back to Italian state over legal row
ArcelorMittal said on Monday it was withdrawing from a deal to buy Italy’s struggling steel firm Ilva after the government removed previously agreed guarantees of...