Exclusive: Walmart told U.S. government India e-commerce rules regressive, warned of trade impact
Walmart told the U.S. government privately in January that India’s new investment rules for e-commerce were regressive and had the potential to hurt trade ties,...
Dow tops 27,000 as Trump’s decision on rebate boosts healthcare
The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare...
Cargill adjusted profit slides 41% on trade tensions, U.S. floods
Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, as the U.S.-China trade war led to supply disruptions and...
Oil hits six-week high on Gulf of Mexico storm, Iran tensions
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident...
Wall St. opens higher as technology stocks gain
U.S. stocks opened higher on Thursday, lifted by technology stocks, extending a rally from the prior session that was powered by Federal Reserve Chairman Jerome...
U.S. underlying inflation firming; labor market tightening
U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods...
Fiat bets on electric ‘500’ as it moves on from Renault
Fiat Chrysler plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday,...
Futures pare gains after inflation data
U.S. stock index futures pared gains on Thursday after U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June, dimming hopes...
Europe stocks rally wanes on trade woes, earnings jitters
Europe’s early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusiasm over...
U.S. probes Deutsche Bank’s dealings with Malaysia’s 1MDB: Wall Street Journal
The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad...