Oil falls on weak Chinese data, forecasts for U.S. crude stocks build
Oil prices fell on Monday after four days of gains as expectations U.S. crude stockpiles will rise and worries about weak Chinese industrial data offset...
Trump administration eases risks for banks on false lending claims
The Trump administration said on Monday it would try to entice banks to offer more mortgages to low-income borrowers by reducing reliance on a Civil...
Ford to cut 450 jobs at Canada plant on Flex, Lincoln MKT production halt
Ford Motor Co will cut about 450 jobs at its Oakville assembly plant in Ontario, as the No. 2 U.S. carmaker discontinues production of the...
S&P 500 hits record on trade optimism, Fed rate-cut expectations
The S&P 500 hit a record high on Monday, while the Nasdaq hovered just below its lifetime high touched in late July, as a more...
U.S.-China trade hopes boost global stocks; dollar eases
An index of global stock markets climbed to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view...
De Beers banks on ‘diamonds are for me’
Anglo American unit De Beers said its 2019 marketing budget will exceed last year’s figure of $170 million and will focus on the biggest market...
‘We know we made mistakes’ on 737 MAX – Boeing CEO
Boeing Co Chief Executive Dennis Muilenburg will acknowledge on Tuesday before Congress that the aircraft manufacturer made mistakes after two deadly 737 MAX crashes killed...
LVMH woos Tiffany to tap fast-growing jewellery market
LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamour, as the owner of Louis Vuitton and...
Exclusive: FCC to vote to bar Huawei, ZTE from government subsidy program – sources
The U.S. Federal Communications Commission (FCC) plans to vote in November to designate Huawei Technologies Co and ZTE Corp as posing national security risks and...
S&P 500 hits all-time high on trade optimism, rate cut hopes
Technology stocks propelled the benchmark S&P 500 index to an all-time high, while the Nasdaq hovered below its record level, as a possible U.S.-China trade...