China holds up Asia stocks, oil gains on North Sea outage China holds up Asia stocks, oil gains on North Sea outage:- Asian stocks edged up on Wednesday, helped by a bounce in Chinese shares, though investors held off from making big bets before a highly-anticipated summit between U.S. President Donald Trump […]
Business
Business
GM remains most valuable U.S. car company, Tesla is No. 2 GM remains most valuable U.S. car company, Tesla is No. 2:- Tesla Inc (TSLA.O), whose market capitalization passed that of Ford Motor Co (F.N) on Monday, still trailed General Motors Co (GM.N) as the most valuable U.S. auto firm […]
U.S. factory activity cools slightly; trend remains bullish U.S. factory activity cools slightly; trend remains bullish:- A measure of U.S. manufacturing activity retreated from a 2-1/2-year high in March amid a decline in production and an inventory drawdown, but a surge in factory jobs indicated that the sector's energy-led recovery […]
Vale megadeal puts Morgan Stanley, Bradesco at the top of Brazil M&A Morgan Stanley (MS.N) and Banco Bradesco BBI SA topped Brazil's mergers and acquisitions rankings in the first quarter, buoyed by advisory roles in the $21 billion corporate reorganization of Vale SA (VALE5.SA), the world's No.1 iron ore producer. […]
Asia stocks skittish as investors seek shelter before Trump-Xi meeting Asian shares inched lower on Tuesday as caution reigned ahead of a potentially tense meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping later this week. The dollar lost ground after investors sold stocks overnight and looked […]
Global stocks ease ahead of Trump-Xi meeting, dollar gains Global stocks ease ahead of Trump-Xi meeting, dollar gains:- Global equity markets eased on Monday as investors awaited the first meeting later this week between U.S. President Donald Trump and Chinese President Xi Jinping, while the dollar gained on a positive […]
Wall Street down on weak auto sales, doubts about Trump agenda Wall Street down on weak auto sales, doubts about Trump agenda:- Wall Street closed slightly lower on Monday as March auto sales disappointed and investors questioned whether the Trump administration would deliver on its pro-business economic stimulus. Stocks had […]
Akzo Nobel CEO says PPG proposal is insufficient Akzo Nobel CEO says PPG proposal is insufficient:- Akzo Nobel (AKZO.AS) CEO Ton Buechner repeated on Monday his opposition to a March 20 takeover proposal from U.S. rival PPG Industries (PPG.N), saying he sees no merit in negotiating with PPG. Buechner and […]
Top-20 Akzo Nobel investor backs talks with PPG over revised bid Top-20 Akzo Nobel investor backs talks with PPG over revised bid:- A top-20 investor in Akzo Nobel (AKZO.AS) said on Monday he wanted the firm to engage with U.S. rival PPG Industries (PPG.N) over a revised bid raising pressure […]
Tesla delivers quarterly record of 25,000 vehicles in first quarter Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, bouncing back from delays in the previous quarter. The company said […]
