Futures lower on Iran tensions, trade worries
U.S. stock futures were pulled lower by Iran tensions and trade worries on Tuesday, with investors focusing on Federal Reserve officials for more clarity on...
AbbVie nears deal to buy Allergan for more than $60 billion: WSJ
AbbVie Inc is nearing a deal to buy Botox-maker Allergan PLC for more than $60 billion, the Wall Street Journal reported on Tuesday, citing people...
BMW’s hybrid cars to switch to electric only mode in polluted cities
BMW’s new hybrid cars will automatically switch off their combustion engines in heavily polluted inner city areas and use pure electric driving mode as a...
Trade stress, Iran tensions hits stocks, dollar frets on Fed doves
European shares were spooked by Iran tensions and trade jitters on Tuesday, while the risk of more dovish talk from the Federal Reserve inflated gold...
Oil prices in balance between demand worries, U.S.-Iran tensions
Oil prices hung in the balance on Tuesday as concerns over declining crude demand were offset by risks to supply linked to new U.S. sanctions...
Fund supermarket Allfunds bulks up with Credit Suisse deal
Spain’s Allfunds Group is buying Credit Suisse’s business-to-business investment fund platform InvestLab for an undisclosed sum as the investment services industry consolidates to reap the...
Norway wealth fund allowed to invest again in Walmart, Rio Tinto, others
Norway’s $1 trillion wealth fund can invest again in miner Rio Tinto and retailer Walmart after their exclusions from the fund’s investments on ethical grounds...
With job intact, Nissan’s CEO pins Renault alliance on mutual respect, flags inequality risk
Nissan Motor Co Ltd on Tuesday threw cold water on hopes for a quick fix to strained relations with France’s Renault SA, saying inequality between...
Carrefour boss rules out exiting more countries after China deal
Carrefour boss Alexandre Bompard said he had no plans to exit other countries after the French supermarket retailer agreed to sell a majority stake in...
Trade stress hits stocks, dollar frets on Fed doves
Asian shares were haunted by trade anxiety Tuesday while the risk of more dovish talk from the Federal Reserve pushed down Treasury yields and the...