Apple woos investors with China gain, market value nears $1 trillion
Shares of Apple Inc rose 4.2% on Wednesday, after the company calmed Wall Street nerves with an improvement in sales in China and as several...
Avis enlists Israeli startup to turn rental car data into cash
Avis Budget Group Inc has enlisted an Israeli startup to help turn data from its car rental fleet into cash, as more auto industry players...
Trade tensions drag on stocks as markets await Fed verdict
Fresh trade war fears weighed on global stocks on Wednesday before a U.S. Federal Reserve meeting, with the dollar holding firm and Britain’s pound subdued...
Oil rises as market awaits U.S. Fed rate cut
Oil prices rose for a fifth day on Wednesday, supported by a drop in U.S. inventories and investor expectations that the U.S. Federal Reserve will...
Spotify revenue beats but adds fewer-than-expected paid subscribers
Spotify Technology SA reported better-than-expected second-quarter revenue on Wednesday, but added fewer paid subscribers than estimated, sending its shares down 2.2% in trading before the...
GM faces declining sales and price wars in largest markets
General Motors Co’s investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when...
Futures drift higher on Apple results; Fed rate decision awaited
U.S. stock index futures edged higher on Wednesday, as trade worries eased after Apple reported upbeat earnings and forecast, while investors awaited an almost certain...
GE posts loss, takes Boeing hit but raises forecast; CFO to leave
General Electric Co swung back to a financial loss in the second quarter, as the cost of restructuring its ailing power business and the grounding...
Germany: European naval mission in Strait of Hormuz worth considering
The German government has not offered any contribution to a U.S. naval mission in the Strait of Hormuz but thinks it is “worth considering” a...
Israeli software firm Lightricks raises $135 million at $1 billion valuation
Israeli software company Lightricks, the creator of several photo and video editing apps, said on Wednesday it has raised $135 million in financing at a...