Asian shares edge up; investors anxious over earnings, Brexit
Asian shares pulled ahead on Thursday with corporate earnings buffeting trading as investors remained anxious about the business impact of the Sino-U.S. trade war while...
U.S.-China trade reprieve makes no dent on recession chances: Reuters poll
The recent truce in the U.S.-China trade war is not an economic turning point and has done nothing to reduce a significant risk that the...
Microsoft forecasts cloud sales above expectations
Microsoft Corp on Wednesday forecast sales for its cloud computing services that topped analysts’ estimates, even as quarterly growth slows for its Azure business....
U.S. trade envoy meets lawmakers on U.S.-Mexico-Canada deal as time runs short
U.S. Trade Representative Robert Lighthizer met this week with Democratic lawmakers to try to resolve their concerns about the U.S.-Mexico-Canada (USMCA) trade agreement as Republicans...
Tesla shares soar 21% as surprise profit answers skeptics
Tesla Inc on Wednesday surprised investors by posting a profitable third quarter, boosted by record deliveries, cost cuts and improved production schedules for its new...
Israeli fashion mogul submits bid for Barneys, challenging Authentic Brands
Israeli businessman Samuel Ben-Avraham said on Wednesday he has submitted an offer for Barneys New York Inc, challenging a $271 million bid for the bankrupt...
Amazon buys healthcare start-up Health Navigator
Amazon.com Inc said on Wednesday it bought healthcare start-up Health Navigator, its second purchase in the healthcare services industry....
J&J slashes third-quarter profit by $3 billion over proposed opioid deal
Johnson & Johnson on Wednesday lowered its previously reported third-quarter profit by $3 billion to account for a proposed opioid settlement payment....
Ford cuts full-year profit outlook as third-quarter profit dips
Ford Motor Co on Wednesday cut its forecast for operating profit for the year after a disappointing third quarter that Chief Executive Jim Hackett blamed...
Huawei exposure roils Xilinx’s revenue forecast
Xilinx Inc on Wednesday forecast current-quarter and full-year revenue below Wall Street estimates, the second major chipmaker this week to flag the impact of a...