Citigroup profit rises on gains in consumer lending
Citigroup Inc reported a 7% rise in quarterly profit on Monday as lower costs and strength in consumer lending helped the Wall Street bank counter...
Huawei to invest $3.1 billion in Italy but calls for fair policy on 5G: country CEO
China’s Huawei Technologies said it will invest $3.1 billion in Italy over the next three years, as the Chinese telecoms giant called on Rome to...
Oil prices edge higher on Chinese economic data
Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s...
Stock futures slightly higher ahead of Citi results
U.S. stock futures extended last week’s gains to trade slightly higher on Monday in the run up to the start of second-quarter earnings reports, beginning...
Reassuring Chinese data nudges shares higher
Surprisingly upbeat economic soundings from China lifted the global markets mood on Monday, pushing world shares toward an 18-month high and steering the Aussie dollar...
Trump sees slowing Chinese growth pressuring Beijing on trade
U.S. President Donald Trump on Monday pointed to slowing economic growth in China amid restarted trade talks, saying U.S. tariffs were having “a major effect”...
Ford, UAW to kick off contentious contract talks
The United Auto Workers and Ford Motor Co will officially launch talks on a four-year contract on Monday that are expected to be contentious, with...
Oklahoma, J&J to wrap up first trial over opioid crisis
Oklahoma’s attorney general is expected on Monday to urge a judge to find Johnson & Johnson responsible for flooding the market with painkillers and fueling...
Oil prices nudge up on Chinese economic data
Oil prices rose slightly on Monday as Chinese industrial output and retail data topped expectations but gains were capped by overall figures showing the country’s...
Hold the beers: Budweiser APAC IPO hit by investor push-back
Scepticism over AB InBev’s high valuations doomed Budweiser APAC’s IPO of up to $9.8 billion – poised to be the world’s biggest this year –...