Oil rises on falling U.S. stockpiles, Gulf storm forecast
Oil prices rose on Wednesday after industry data showed U.S. stockpiles fell far more than expected, alleviating concerns about oversupply, while major U.S. producers evacuated...
Asia shares count on Powell to stay accommodative
Asian shares pulled ahead on Wednesday while rising Treasury yields lifted the dollar as investors waited anxiously to hear if the world’s most powerful central...
British billionaire Dyson snaps up Singapore’s priciest penthouse
British billionaire and inventor of the bagless vacuum cleaner James Dyson has bought the most expensive apartment in Singapore, where his company plans to build...
Apple starts China app development program in services business push
Apple Inc has started a program in Shanghai to help Chinese developers create apps as part of the iPhone maker’s efforts to build out its...
Fed chief likely to focus on trade-inspired policy shift in testimony
The U.S. Federal Reserve over the course of its 105-year history has changed monetary policy in reaction to property crashes, war, financial bubbles and policymakers’...
Corporate activist Elliott outspending rivals: Lazard data
Elliott Management Corp, Paul Singer’s $35 billion hedge fund, has outspent all rivals in pushing for corporate changes like spin-offs, mergers, and management overhauls this...
British billionaire Dyson buys Singapore’s priciest penthouse
British billionaire James Dyson, inventor of the bagless vacuum cleaner, has bought Singapore’s most expensive penthouse, official records show....
Chinese movie-ticketing leader Maoyan says to boost film investment, Tencent partnership
Maoyan Entertainment , China’s leading movie-ticketing platform, said it would boost investment in the domestic film industry and deepen its partnership with Tencent Holdings Ltd...
Oil prices rise as data shows bigger-than-expected fall in U.S. stockpiles
Oil prices rose on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for a fourth week in a row,...
Oil rises more than 1% after U.S. stockpile drop; Brent nears $65
Oil prices gained more than 1% in early trade on Wednesday, led by U.S. crude after an industry group reported that U.S. stockpiles fell for...