Cathay Pacific shares rise 2.3 percent after CEO Hogg resigns
Shares of Cathay Pacific Airways rose more than 2 percent early on Monday after CEO Rupert Hogg resigned in a shock move, as the carrier...
Japan’s exports down for eighth month, sales to China slump as recession fears grow
Japan’s exports slipped for an eighth month in July, while manufacturers’ confidence turned negative for the first time in over six years as China-bound sales...
Oil rises after Saudi oilfield attack, but recession worries cap gains
Crude oil prices rose on Monday following a weekend attack on a Saudi oil facility by Yemeni separatists, although price gains were capped by an...
Japan exports slide for eight month on weak global demand
Japan’s exports slipped for an eight month in July, while manufacturers’ confidence turned negative for the first time in over six years as slowing global...
Trump ‘not ready’ for China trade deal, dismisses recession fears
U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of...
JPMorgan to brief clients on volatility in equity markets
JPMorgan Chase & Co plans to host a conference call for clients on Tuesday to address recent market moves, after last week’s inversion of the...
Novartis executive sold shares before drug data manipulation made public
An unnamed Novartis executive sold 925,400 Swiss francs ($946,000) worth of shares less than three weeks before the U.S. Food and Drug Administration (FDA) announced...
White House says ‘no recession in sight’ despite market turmoil
White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile...
U.S. whiskey exporters struggle after year of EU tariffs
When Europe’s tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European...
Ferrari will expand its lineup of road cars, but not too much
Italian premium sports car maker Ferrari NV will expand sales of easier-driving grand touring cars, but will not try to chase rival Porsche’s annual sales...