Wall St. slips; banks fall with prospect of rate cut, energy drops
Wall Street ended down slightly on Wednesday, with bank stocks declining as prospects of a U.S. interest rate cut rose and energy shares tumbling along...
Pompeo to push in India for more U.S. access to local markets
The United States is open to dialogue to resolve trade differences with India by allowing Americans companies more access to Indian markets, U.S. Secretary of...
Cheaper sensors could speed more self-driving cars to market by 2022
The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new...
Philip Green’s Arcadia avoids collapse as creditors back deal
Philip Green’s Topshop-to-Dorothy Perkins fashion empire staved off a collapse into administration on Wednesday as creditors approved his sweetened restructuring plan....
Comcast to double spending at Sky on European original programs
Comcast Corp will more than double its investment in European original programming and start an in-house studio at its European unit Sky after Sky’s success...
Investors retreat further from U.S. stock funds as trade tensions mount: ICI
Investors extended their retreat from the U.S. stock market by pulling nearly $8.2 billion out of mutual funds and exchange-traded funds that hold domestic equities...
Exclusive: Renault chairman weakened as Macron snubs meeting – sources
French President Emmanuel Macron has turned down a request to meet Renault chairman Jean-Dominique Senard, who is furious over the government’s interference at the carmaker,...
American Airlines CEO says ‘highly likely’ Boeing 737 MAX will fly by mid-August
American Airlines Group Inc Chief Executive Doug Parker said it was “highly likely” that the grounded Boeing Co 737 MAX would be flying by mid-August...
Trade tensions weigh on Wall St., hopes of rate cut limit losses
Wall Street’s main indexes dropped on Wednesday on worries of a prolonged U.S.-China trade war after Washington hardened its stance, but losses were cushioned by...
Demand worries hurt oil, stocks fall on trade uncertainty
Oil futures sank on Wednesday amid higher U.S. crude inventories and a weaker demand outlook, while uncertainty over the U.S.-China trade war and its potential...