Stocks rose on Thursday as Apple and Micron surged to lead the tech sector higher. Investor sentiment was also boosted…
Category: Company News
Trump can't have strong US economy and low interest rates at the same time, says ex-Fed governor
U.S. President Donald Trump will likely welcome the Federal Reserve’s projection of zero interest rate hikes this year — but…
First-quarter of this year one of the worst despite the global stocks rally, UBS' Ermotti says
Despite the rally in global equity markets, revenues in the first-quarter of 2019 was one of the worst in recent…
US allies defy Trump administration's plea to ban Huawei from 5G networks
Europe and the U.S. are clashing over Huawei’s role in the future of 5G. While Donald Trump’s administration has tried…
Asian shares gain after Fed keeps rates on hold
Shares in Asia traded higher on Monday afternoon after the U.S. Federal Reserve announced it was keeping interest rates on…
Trump finally got his wish from the Fed, but not for the reasons he wanted
The Federal Reserve likely just stalled interest rate increases for the year. The move announced Wednesday should please President Donald…
Stocks making the biggest moves midday: FedEx, Viacom, Tencent Music
Check out the companies making headlines midday Wednesday: FedEx — Shares of FedEx dropped 5.14 percent after the company reported…
Britain's Peel Ports expands amid Brexit trade uncertainty
* Peel Ports has a network of seven British ports * Brexit could clog up busy southern ports * Liverpool…
Brazil's Neoenergia taps JPMorgan, BofA and Banco do Brasil for IPO -source
SAO PAULO, March 20 (Reuters) – Brazilian power company Neoenergia SA has picked the investment banking units of JPMorgan Chase…
UPDATE 4-Billionaire Indian remanded in custody after London court appearance
LONDON/NEW DELHI (Reuters) – Fugitive billionaire jeweler Nirav Modi, wanted by Indian authorities over a $2 billion loan fraud at…