Oil prices mixed ahead of U.S. crude stocks data
Oil prices were mixed on Wednesday as Brent crude extended losses due to depressed global stock markets, but U.S. crude rose slightly after industry data...
Shares fall to one-month low after U.S. manufacturing hit
A major global share index hit its lowest level in a month on Wednesday after U.S. manufacturing activity tumbled to more than a decade low,...
WTO decision on U.S. aircraft subsidy retaliation rights due at 1400 GMT
The World Trade Organization said it would publish at 4 p.m. (1400 GMT) its decision on a U.S. request to take action against the European...
Veteran investor Gilbert to leave Standard Life Aberdeen
Veteran investor Martin Gilbert will leave Standard Life Aberdeen next year, ending a career spanning more than three decades at the helm of one of...
Tesla’s China production to start, eyes on mass production timing: sources
Tesla Inc’s China factory aims to start production this month but it is unclear when it will meet year-end production targets due to uncertainties around...
Tesco CEO Dave Lewis to step down in 2020
Tesco , Britain’s biggest retailer, said on Wednesday its chief executive Dave Lewis will step down next summer and be succeeded by Ken Murphy, an...
Global shares slip to one-month low after U.S. manufacturing shock
Global shares fell to one-month lows on Wednesday after U.S. manufacturing activity tumbled to more than a decade low, sparking worries that the fallout from...
Credit Suisse says risk calculation, hedging change to reap $250 million
Credit Suisse on Wednesday said it expects an estimated $250 million boost in annual profit from higher net interest income it expects to reap by...
Credit Suisse says changes to result in $250 million profit boost
Credit Suisse on Wednesday said it expects an estimated $250 million boost to profit from changes the Swiss bank is making to how it calculates...
Oil prices rise after surprise fall in U.S. crude stocks
Oil rebounded from several days of falling prices after industry data showed a surprise drop in U.S. crude inventories, offsetting weak economic readings in the...