CBS, Viacom reach deal to reunite Sumner Redstone’s media empire
CBS Corp and Viacom Inc have reached a deal to reunite media mogul Sumner Redstone’s U.S. entertainment empire after 13 years apart....
Wall Street rebounds as tariff delay prompts rally
Wall Street rose on Tuesday after the Trump administration announced a delay on select Chinese import tariffs, bringing buyers back to the equities market in...
CBS, Viacom agree to merge in all-stock deal
CBS Corp and Viacom Inc agreed to merge on Tuesday, creating a company with more than $28 billion in revenue, as an increasingly competitive media...
Shares, dollar rebound on new U.S.-China trade call
U.S. and European stocks jumped, the dollar strengthened and Treasury prices rose on Tuesday after the United States said it would delay tariffs on some...
Oil soars near 5% on easing U.S.-China trade tensions
Oil prices rose almost 5% on Tuesday after the United States said it would delay imposing a 10% tariff on certain Chinese products, easing concerns...
GM, Ford planning for possible economic downturn: executives
The top two U.S. automakers are preparing for a possible economic downturn, the companies said on Tuesday, as an ongoing trade war between Washington and...
Ryanair’s Irish pilots agree to talks as strike looms
Ryanair’s directly employed pilots in Ireland agreed to attend mediated talks starting on Wednesday to avert a strike their trade union said would go ahead...
U.S. regulators to drop accounting test in ‘Volcker’ rewrite: sources
U.S. regulators have circulated a new draft of the “Volcker Rule” that would further ease its requirements and scrap a proposed new test that had...
Exclusive: After 50 years in UK North Sea, Exxon eyes the exit – sources
Exxon Mobil is considering a sale of its assets in the British North Sea after more than 50 years in the oil and gas basin...
Boeing deliveries fall 38% in the first seven months of 2019
Boeing Co delivered 38% fewer planes in the first seven months of 2019 than the same period a year earlier, as the grounding and doubts...