Abbott Labs misses revenue estimates, trims profit forecast
Medical device maker Abbott Laboratories reported quarterly revenue that fell just short of Wall Street estimates and trimmed the upper end of its full-year earnings...
Huawei unveils new 5G antennae ahead of China ramp
Huawei Technologies on Wednesday launched a new generation of 5G mobile antennae, anticipating an acceleration in the pace of network upgrades led by the three...
Advisory fees, lending power Bank of America beat
Bank of America Corp beat Wall Street estimates for quarterly profit as it earned more in advisory fees and grew its loan book, easing concerns...
Bayer expects significant surge in number of U.S. glyphosate cases
Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs...
Futures slip on renewed U.S.-China trade war concerns
U.S. stock index futures dipped on Wednesday as a new U.S. bill taking a hard line on China stoked fresh concerns about a prolonged trade...
Oil steadies below $59, weaker economic outlook weighs
Oil steadied below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of a...
Sterling falters as Brexit approaches its endgame
Sterling came off five-month highs and stocks traded sideways on Wednesday as the European Union and Britain sought to avert a disorderly Brexit before an...
Volvo Cars aims to be climate neutral by 2040
Volvo Cars, owned by China’s Geely Holding, is targeting a 40% reduction in the carbon footprint of each car it manufactures by 2025 as it...
Bank of America beats profit estimates on stock trading, lending gains
Bank of America Corp , the second-largest U.S. bank by assets, beat analysts’ estimates for quarterly profit as gains from trading in stocks and robust...
Oil eases further below $59 on weaker economic outlook
Oil edged further below $59 a barrel on Wednesday, pressured by concerns about weaker demand for fuel due to slower economic growth and forecasts of...