Exclusive: Pentagon races to track U.S. rare earths output amid China trade dispute
The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialized material amid the country’s...
Johnson & Johnson faces criminal probe related to baby powder: Bloomberg
The U.S. Justice Department is pursuing a criminal probe into whether Johnson & Johnson lied about potential cancer risks of its talcum powder, Bloomberg reported,...
AB InBev Asia delays pricing world’s largest IPO of 2019: sources
Budweiser Brewing Company APAC , the Asia-Pacific business of Anheuser-Busch InBev (AB InBev) , has delayed pricing its Hong Kong IPO in what was set...
Oil edges up as storm hampers U.S. supply, glut forecasts weigh
Oil futures edged up on Friday as U.S. Gulf of Mexico crude output was halved by disruptions caused by a tropical storm, but concerns over...
Wall Street stocks climb, dollar drops on rate-cut optimism
U.S. stocks edged higher and the dollar fell as hopes rose for an imminent interest-rate cut, while oil futures were little changed as supply worries...
Canada’s struggling energy industry takes stock at annual Stampede party
Frustration is palpable among Canadian energy executives who have flocked to the annual Calgary Stampede celebrations in Canada’s oil capital this week, even though a...
Volkswagen zooms ahead in extension of alliance with Ford to electric, automated cars
Ford Motor Co and Volkswagen AG said they will spend billions of dollars to jointly develop electric and self-driving vehicles, deepening a global alliance to...
S&P 500, Dow hit new highs on rate cut optimism
The S&P 500 and the Dow Jones Industrial Average hit record highs on Friday, as the indexes continued a strong run for the week on...
Partial ECM exit to leave Deutsche Bank focused on Europe
Deutsche Bank is focusing its equity capital markets (ECM) business such as initial public offerings (IPOs) on Germany and Europe, scaling back in the United...
S&P 500, Dow hit record high at open on hopes of rate cut
The S&P 500 and Dow indexes hit a record high at the open on Friday, after Federal Reserve Chairman Jerome Powell’s dovish remarks this week...