Wall St. set for higher open on optimism over economic revival
Wall Street’s major indexes were set to open higher on Wednesday, with Nasdaq inching closer to a record high, as investors remained optimistic about an...
3M names General Electric exec Monish Patolawala as CFO
U.S. industrial conglomerate 3M Co on Wednesday appointed General Electric Co executive Monish Patolawala as the company’s chief financial officer, effective July 1....
U.S. private payrolls fall less than expected in May
U.S. private payrolls fell less than expected in May, with employers laying off another 2.76 million workers....
Saudi, Russia reach deal on oil cuts, raising pressure for compliance
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil output cuts by one month while raising pressure...
Coty in talks to collaborate with Kim Kardashian for cosmetics line
Coty Inc is in talks with reality TV star Kim Kardashian West over a potential collaboration for a beauty line, the cosmetics maker disclosed in...
Saudi, Russia reach deal on oil cuts, raising pressure on laggards
OPEC leader Saudi Arabia and non-OPEC Russia have agreed a preliminary deal to extend existing record oil production cuts by one month while raising pressure...
Oil falls from $40 on doubts over early OPEC meeting
Oil fell after touching its highest since March at more than $40 a barrel on Wednesday, pressured by doubts that an early meeting of OPEC...
Stock futures buoyed by optimism over economic revival
U.S. stock index futures climbed on Wednesday, with Nasdaq futures inching closer to a record high as investors remained optimistic about an economic rebound from...
Oil tops $40 on OPEC cuts and demand recovery
Oil climbed above $40 a barrel for the first time since March on Wednesday, supported by signs of recovery in coronavirus-hit demand, lower U.S. inventories...
Iberdrola to invest up to 4 billion euros in French renewable energy
Spanish utility Iberdrola said on Wednesday it will invest up to 4 billion euros ($4.5 billion) over the next four years in France to develop...