Wall Street watchdog to boost transparency about using ‘cooperation’ for penalty reductions
Wall Street’s industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a...
FCA plans electric Fiat 500 for 2020 as moves on from Renault
Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed...
Dow tops 27,000, healthcare in spotlight after Trump’s decision on rebate
U.S. stocks edged higher on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks, while healthcare stocks were...
Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm
Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the...
Stocks rise on firm rate-cut expectations though trade worries loom
A broad index of stocks around the world edged higher on Thursday as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest-rate...
Brazil cotton farmers sue Bayer over patent on GMO seed
Brazilian cotton producers in the state of Mato Grosso on Thursday sued Bayer AG , seeking to cancel the chemical company’s patent protection for its...
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...