The Force is with Microsoft: Shares up on winning JEDI contract
– Microsoft shares rise 3.4% to $145.50 premarket, after company wins the Pentagon’s $10 bln cloud computing contract...
Futures rise on trade optimism, rate cut hopes
U.S. stock index futures rose on Monday as hopes of a trade deal between Washington and Beijing as well as rising bets on a rate...
Brazil rates to hit record low 5.00%, seen falling further: Reuters poll
Brazil’s benchmark interest rate will be cut to a record low of 5.00% on Wednesday, according to the unanimous view in a Reuters poll of...
AT&T adds more monthly bill-paying subscribers than expected
AT&T Inc added more mobile phone subscribers who pay a monthly bill than analysts’ estimates for the third quarter as the wireless carrier attracted customers...
Bitcoin holds ground after China voices support for blockchain
Bitcoin held ground on Monday near a one-month high scaled over the weekend after China’s president Xi Jinping said the world’s second biggest economy should...
In a Nike factory in Argentina’s hinterland, the ghost of Macri’s fall
Rumors of layoffs started spreading among workers at a factory here in northeastern Argentina making Nike Inc shoes the night before Cristian Fredy Aquino’s scheduled...
Spotify revenue beats as more paid subscribers tune in, shares rise
Spotify Technology SA’s quarterly revenue beat Wall Street expectations on Monday, as the music streaming company added more-than-expected paid subscribers for its premium service....
Shares near two-month highs on hopes of trade deal, Fed cut
World shares steadied near two-month highs on Monday, boosted by hopes for a trade deal and strong U.S. corporate earnings, while the dollar traded near...
Investors brace for poor U.S. shale earnings amid weak oil and gas prices
Investors are bracing for weaker results from U.S. shale players in coming days as lower oil and natural gas prices and cost-cutting measures have weighed...
LVMH confirms interest in acquiring luxury jeweller Tiffany
LVMH, the world’s biggest luxury group, said on Monday it had approached Tiffany & Co about a possible takeover of the U.S. jeweller....