World stocks hit record high as upbeat data boosts confidence Global stocks hit a record high on Friday and Asian markets rose to their best levels in more than two years as upbeat data on U.S. manufacturing and employment and buoyant European factory growth boosted investor optimism. The MSCI ACWI […]
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Deutsche Telekom CEO says U.S. M&A regulations look good under Trump Deutsche Telekom is optimistic about the regulatory environment in the United States under the Trump administration. T-Mobile US, which is controlled by Deutsche Telekom, is at the center of M&A speculation. Investors hope a pro-business government under Trump will be […]
Green mutual funds bounce back after Trump-induced retreat After U.S. President Donald Trump's election last November, investors pulled nearly $68 million from so-called "green" mutual funds, reflecting fear that his pro-coal agenda would hurt renewable energy firms. But now investors are pouring money back in, boosting net deposits in 22 green […]
Investors cash in on profitable month of May ends, sterling slides Stocks flatlined on Wednesday as investors used the last day of May to protect gains built up in what has been yet another lucrative month, while sterling fell after an opinion poll suggested the ruling Conservatives could lose seats […]
Venezuelan opposition condemns Goldman for $2.8 billion bond deal Goldman Sachs Group Inc's statement that it never transacted directly with the government of Venezuelan President Nicolas Maduro when it bought $2.8 billion of bonds for pennies on the dollar was dismissed by the country's opposition on Tuesday as an effort […]
Supreme Court Rules Patent Laws Can't Be Used to Prevent Reselling The Supreme Court on Tuesday placed sharp limits on how much control patent holders have over how their products are used after they are sold. The case concerned Lexmark International, which makes toner cartridges for use in its printers. […]
U.S. companies no longer know rules of game under Trump, Hasbro director says Confusion surrounding the trade policies of U.S. President Donald Trump's administration means U.S. companies no longer know the rules of the game, a board member and former CEO of toymaker Hasbro (HAS.O) told an international conference on […]
Greece denies report it may opt out of receiving more bailout money Greece on Tuesday denied a German newspaper report it could opt out of receiving bailout loans needed to make a July debt repayment if its lenders fail to offer clear debt relief terms to the crisis-hit country despite […]
British Airways says IT systems running again after weekend outage British Airways said it expected to deliver a full schedule of flights from London's Heathrow and Gatwick airports on Tuesday after its computer network recovered from an outage which left 75,000 passengers stranded over the weekend. "Our IT systems are […]
Oil slips on oversupply worries despite OPEC deal Oil prices fell on Tuesday, pressured by concerns that production cuts by the world's big exporters may not be enough to drain a global glut that has depressed the market for almost three years. Benchmark Brent crude LCOc1 was down 45 cents […]
