Wall Street futures rise on global stimulus efforts
U.S. stock index futures rose on Friday as China became the third country to trim interest rates in the past few days, raising hopes that...
Peninsula fund gives Mediaset insurance in Vivendi dispute
A private equity firm led by former bankers from top Italian investment house Mediobanca has agreed a backstop worth up to 1 billion euros ($1.1...
Fund managers gird for long trade war after FedEx slide
A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the trade war between...
Reuters poll: Trump tweetstorm hasn’t slanted view of Fed
President Donald Trump’s barrage of tweets blasting the U.S. Federal Reserve appears to have been ignored by both Republicans and Democrats who largely see the...
No crowds as Apple’s iPhone 11 hits stores in China
Apple’s latest iPhone 11 range hit stores in China on Friday, with short queues of die-hard fans contrasting with the hundreds who camped out ahead...
Fed’s Bullard, explaining dissent, says U.S. manufacturing appears ‘in recession’
St. Louis Federal Reserve bank president James Bullard said on Friday he argued for a deeper, half a percentage point cut at this week’s Fed...
Belgian police search property of KPN’s new CEO over Proximus share sale
Belgian police searched the home and office of Dominique Leroy, the incoming chief executive of Dutch telecom firm KPN , to investigate her sale of...
Tottenham Hotspur FC completes 637 million pound stadium refinancing
Tottenham Hotspur Football Club has completed a 637 million pound ($798.67 million) stadium refinancing package that included a bond issue to U.S. investors and a...
China drafts bar for net capital of banks’ wealth management units
China released draft rules on net capital management of commercial banks’ wealth management units on Friday, a follow-up move to regulate the risk of country’s...
Rolls-Royce hit by further setback to fixing Boeing 787 engines
Rolls-Royce will take longer than expected to fix problems with its Trent 1000 engine, frustrating efforts to get Boeing 787s grounded by the glitch flying...