U.S. companies issue shares at fastest rate ever, selling the rally
U.S. public companies sold more than $60 billion in shares in May, the biggest monthly haul ever, as they capitalized on a stock market rally...
U.S. court refuses to shield Volkswagen in diesel scandal lawsuits
A U.S. appeals court ruled on Monday that Volkswagen AG cannot escape potential financial penalties from two counties in Florida and Utah that may amount...
China buys U.S. soybeans after halt to U.S. purchases ordered: sources
State-owned Chinese firms bought at least three cargoes of U.S. soybeans on Monday, even as sources in China said the government had told them to...
Wall Street closes higher as recovery signs soothe protest, pandemic worries
U.S. stocks posted gains on Monday as signs of U.S. economic recovery helped offset jitters over increasingly violent social unrest amid an ongoing pandemic and...
Oil steady; U.S.-China tensions weigh, possible output cuts support
Oil futures steadied on Monday as rising U.S.-China tensions weighed on sentiment, but prices drew support from reports that OPEC and Russia were close to...
Volkswagen says ready to restart Mexico operations on June 15
The Mexican unit of Germany’s Volkswagen AG said on Monday the automaker was ready to restart operations in the states of Puebla and Guanajuato on...
Nestle to appeal ban on ‘Incredible Burger’ branding in Europe
Nestle said on Monday it would appeal a Dutch court’s ruling that prohibits the Swiss food giant from selling its plant-based burgers in Europe under...
U.S. appeals court: Volkswagen may face ‘enormous’ diesel liability
A U.S. appeals court ruled Monday Volkswagen AG may face “enormous” additional liability in the “Dieselgate” scandal finding that two counties can enforce regulations against...
Marriott opens all hotels in China, sees steady U.S. recovery: CEO
Marriott International has reopened all its hotels in China and is seeing a steady recovery in the United States, its biggest market, Chief Executive Officer...
U.S. manufacturing activity crawls off 11-year low
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses...