Dollar gains on lower rate cut expectations, stocks flat
The dollar rose and European shares fell on Wednesday as traders curbed expectations of an aggressive cut in U.S. interest rates in July, while Wall...
Bayer seeks glyphosate litigation advice as Elliott reveals stake
Chemicals giant Bayer, under pressure from activist shareholders, said on Wednesday it has hired an external lawyer to advise its supervisory board and has set...
Oil prices rise more than 2% as U.S. crude, products stockpiles fall
Oil prices rose more than 2% on Wednesday and hit their highest in about a month, buoyed by U.S. government data that showed a larger-than-expected...
Tech boost, trade optimism lead Wall Street higher
Wall Street rose on Wednesday, as technology shares gained on the back of Micron’s upbeat results, while comments from Treasury Secretary Steven Mnuchin fueled hopes...
Resurgent health insurer stocks face test at Democratic debates
Shares of U.S. health insurers that have rebounded in the past two months could come under pressure this week as Democrats square off in their...
Autonomy founder Lynch denies wrongdoing in HP fraud case
Mike Lynch, once hailed as Britain’s answer to Bill Gates, denied all claims against him on Wednesday when he kicked off what is expected to...
Boeing looms large over struggling U.S. manufacturing sector
New orders for long-lasting U.S.-made goods fell for a second straight month in May as troubles at Boeing weighed on demand for aircraft, suggesting manufacturing...
U.S. funds look for ‘crazy cheap’ stocks as indexes hit record highs
Record highs in the U.S. stock market and the anticipation of equity-friendly interest rate cuts by the Federal Reserve later this year are prompting top-performing...
Wall St. rises on tech gains, trade hopes
U.S. stocks rose on Wednesday as gains in chipmaker Micron boosted the technology sector and comments from Treasury Secretary Steven Mnuchin fueled hopes that the...
Volkswagen’s Traton sets price range for IPO at 27-28 euros a share
Volkswagen’s truck unit Traton narrowed the price range for its initial public offering (IPO) to between 27 euros ($30.74) and 28 euros a share, the...