Trump tweets hurt equities; U.S. dollar gains Trump tweets hurt equities; U.S. dollar gains:- Global equity markets fell on Monday as U.S. President Donald Trump's allegations that he was wiretapped by his predecessor raised worries about his ability to push ahead with tax reform plans, while the dollar rose on […]
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Business
Oil market whipsawed as OPEC production discussed Oil market whipsawed as OPEC production discussed:- Benchmark Brent gained while U.S. crude eased slightly on Monday, after the market pushed higher early in the day on reports that Iraq would participate if OPEC extended oil production curbs into the second half of […]
Honda to begin U.S. production of new 10-speed transmission Honda to begin U.S. production of new 10-speed transmission:- Honda Motor Co Ltd (7267.T) said on Monday it had invested nearly $150 million in two U.S. plants for making 10-speed automatic transmission for front-wheel-drive vehicles. The investment includes $100 million for […]
Publicity looms as PwC, MF Global go to trial in New York Publicity looms as PwC, MF Global go to trial in New York:- Publicity about both the recent Academy Awards and Wall Street hung over a Manhattan courtroom on Monday as lawyers struggled to find jurors to decide whether […]
Exxon to invest $20 billion on U.S. Gulf Coast refining projects Exxon to invest $20 billion on U.S. Gulf Coast refining projects:- Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil producer, said on Monday it would invest $20 billion through 2022 to expand its chemical and oil refining […]
Wells Fargo names Allen Parker general counsel Wells Fargo names Allen Parker general counsel:- Wells Fargo & Co (WFC.N) named Allen Parker general counsel on Monday, at a time when the third-largest U.S. lender looks to restore its battered reputation following a scandal over phony accounts. Parker succeeds company veteran […]
Asian stocks climb, oil mixed as concerns linger over U.S. supply glut Asian stocks climb, oil mixed as concerns linger over U.S. supply glut:- Asian shares rose on Tuesday, diverging from New York markets that slipped on concern about President Donald Trump's ability to focus on economic policies. Oil prices […]
U.S. energy stocks, darlings last year, stumble in 2017 U.S. energy stocks, darlings last year, stumble in 2017:- The energy sector is the stock market's dud so far in 2017 after a banner performance in 2016, and the rest of the year may also be rocky for investors due to […]
Stocks drop as markets wary of Fed, geopolitical tensions Stocks drop as markets wary of Fed, geopolitical tensions:- U.S. stock futures dropped and Asian shares were on the defensive on Monday as investors weighed the near-certain prospect of an interest rate hike in the United States this month against news […]
Futures fall amid North Korea missiles, Trump wiretap talk Futures fall amid North Korea missiles, Trump wiretap talk:- U.S. stock index futures fell on Sunday amid news of North Korea's firing of four ballistic missiles and President Donald Trump's accusation that his predecessor, Barack Obama, wiretapped him. U.S. stocks have […]
