Caisse withholds backing for Bombardier's executive chairman Caisse withholds backing for Bombardier's executive chairman:- Quebec's biggest pension fund will not back Bombardier Inc Executive Chairman Pierre Beaudoin's re-election bid, according to a letter published on Monday, in a rare public display of displeasure with the plane and train maker's founding […]
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Business
Florida probes Tyson Foods, Pilgrim Pride on chicken pricing Florida probes Tyson Foods, Pilgrim Pride on chicken pricing:- Top U.S. chicken companies Tyson Foods Inc (TSN.N) and Pilgrim's Pride Corp (PPC.O) said on Monday that Florida's attorney general sought information from them regarding a probe into possible anticompetitive behavior, widening a legal […]
Oil gives up earlier gains as rising US output, China concerns weigh Oil prices gave up earlier gains on Tuesday, as concerns over slowing demand and a relentless rise in U.S. crude output undermined the impact of hopes that OPEC-led production cuts could be extended. Brent crude futures, the international […]
Target to test next-day delivery service in Minneapolis Target to test next-day delivery service in Minneapolis:- Target Corp (TGT.N) plans to test a next-day home delivery service called Target Restock in the Minneapolis area, the company said in a blog post on Monday. The company said household essentials ordered online, […]
Asia stocks, dollar subdued after French relief, South Korea voted eyed Asia stocks, dollar subdued after French relief, South Korea voted eyed:- Asian stock markets edged down on Tuesday following a flat close on Wall Street, as investors searched for the next catalyst following France's presidential election, while oil inched […]
Trump review of Wall Street rules to be done in stages Trump review of Wall Street rules to be done in stages:- The U.S. government's review of a landmark 2010 financial reform law will not be complete by early June as originally targeted, and officials will now report findings piece-by-piece, […]
Euro hits 6-month high, Asian shares firm after French election Euro hits 6-month high, Asian shares firm after French election:- The euro hit a six-month high against the dollar on Monday while Asian shares gained and U.S. stock futures briefly touched a record high, on investor relief after centrist Emmanuel […]
Macron to take time reforming economy in divided France Macron to take time reforming economy in divided France:- After a decade of slow growth, rising unemployment and dwindling competitiveness, France elected a president on Sunday who says he has a plan to pull the country out of its economic malaise. […]
Brimming U.S. oil storage tanks to feel OPEC cuts last Brimming U.S. oil storage tanks to feel OPEC cuts last:- The energy industry scrutinizes U.S. oil stockpile data every week for evidence that OPEC supply cuts are ending a global crude glut, but growing domestic output means the world's largest […]
Trump rebukes Rexnord again for moving jobs to Mexico Trump rebukes Rexnord again for moving jobs to Mexico:- President Donald Trump took aim again on Sunday at Rexnord Corp (RXN.N) for the industrial supplier's decision to move jobs to Mexico from Indiana. Milwaukee-based Rexnord announced plans in October to move […]
