17/01 EgyptAir has resumed air freight service to New York after a three-year halt following the downing of a Russian airliner over the Sinai Peninsula in an Islamist bomb attack, a source at the flagship carrier said on Thursday.
00h33 President Donald Trump said
on Sunday that his proposed immigration deal to end a 30-day
partial government shutdown would not lead to amnesty for
"Dreamers," but appeared to signal support for amnesty as part
of. . .
20/01 A blast at a
gasoline pipeline in Mexico that killed at least 79 people has
put renewed attention on the government's strategy to stop fuel
theft, with some relatives saying fuel shortages stemming from
the. . .
20/01 Warren Buffett's Berkshire Hathaway Inc
has signed an agreement to allow extraction of lithium
from its geothermal wells in California, a project that could
offer U.S. carmakers and battery producers a secure supply of
the. . .
20/01 German weapons maker Rheinmetall
plans to sue the government over its decision to stop
all arms exports to Saudi Arabia after the killing of journalist
Jamal Khashoggi, Spiegel Online reported on Sunday.. . .
20/01 Toyota Motor Corp and
Panasonic Corp are set to launch a joint venture next
year to produce batteries for electric vehicles (EV) in an
effort to compete with Chinese rivals, a source familiar with
the. . .
19/01 U.S. House Speaker Nancy
Pelosi on Friday accused President Donald Trump of putting
American troops and civilians working in Afghanistan in danger
by publicizing a planned congressional trip to the war-torn
country, as tensions between. . .
19/01 Federal Reserve Governor Lael Brainard on
Friday became the latest U.S. central banker to worry publicly
about rising risks for the U.S. economy, suggesting she could
embrace a pause on raising interest rates that. . .
19/01 LJM Partners Ltd on Friday
filed a lawsuit against unnamed parties it holds responsible for
hundreds of millions of dollars it lost after last year's jump
in stock market volatility that effectively put the. . .
18/01 U.S. stocks rallied on Friday,
helping Wall Street's major indexes advance for the fourth
consecutive week, as increased hopes the United States and China
would resolve their trade dispute lifted shares across sectors.. . .
18/01 Canada's government
on Friday dismissed China's warning of repercussions if Ottawa
banned Huawei Technologies Co Ltd from supplying
equipment to 5G networks, saying it would not compromise on
security.. . .
18/01 U.S. Treasury yields climbed to
three-week highs on Friday as investors piled back into Wall
Street on hopes Washington and Beijing were moving to end their
trade dispute as well as on stronger-than-expected data. . .
18/01 Canadian oil producer
MEG Energy Corp's CEO invited his Husky Energy Inc
counterpart this month to negotiate a friendly takeover
of MEG, but Husky did not follow up, MEG's vice president of
investor relations John. . .
18/01 ArcelorMittal SA, the
world's largest steelmaker, is set to build its first-ever
desalination unit in Brazil to handle unforeseen water needs at
its plant in the eastern state of Espírito Santo, senior company
executives said. . .
18/01 U.S. consumer sentiment
tumbled in early January to its lowest level since President
Donald Trump was elected more than two years ago as an ongoing
partial shutdown of the federal government and financial market
volatility. . .
18/01 Pension Benefit Guaranty Corp (PBGC) is
taking steps to assume responsibility for bankrupt retailer
Sears Holdings Corp's two pension plans, covering
about 90,000 people, the U.S. government agency said on Friday.. . .
18/01 U.S. refiners are bidding up prices for
scarce types of crude oil needed for their most sophisticated
plants as the United States reconsiders harsher sanctions on
Venezuela that could further reduce imports of the. . .
18/01 Citigroup's female employees earn
29 percent less than male employees on a global median basis,
the Wall Street bank revealed on Wednesday, while announcing
targets for appointing more women and minorities to senior
roles.. . .
18/01 Aircastle Ltd will try
to repossess 10 planes from Avianca Brasil before the Feb. 1
expiration of a 15-day stay on repossessions from the struggling
airline, a spokesperson for the aircraft lessor said on. . .
18/01 Tiffany & Co tempered its yearly
profit forecast on Friday after the luxury jeweler's holiday
sales fell unexpectedly as Chinese tourists spent less globally
due to a stronger dollar and demand softened in Europe. . .
18/01 Canada's annual inflation
rate climbed in December, matching the Bank of Canada's 2
percent target, but stable underlying price pressures were set
to forestall additional interest rate hikes over the coming
months as lower oil. . .
18/01 Fears that robots will eliminate
your job are unfounded with a growing number of employers
planning to increase or maintain headcount as a result of
automation, staffing company ManpowerGroup said in a
survey published on. . .
18/01 Oilfield services provider Schlumberger
NV said on Friday it would spend less in 2019 and
forecast single-digit growth in international markets this year,
sending its shares as much as 5 percent higher.. . .
18/01 Apparel maker VF Corp raised its
full-year revenue and profit forecast on Friday, as demand for
its high-margin, popular Vans sneakers continues to boost sales,
sending the company's shares up as much as 15. . .
18/01 The U.S. Federal Reserve
must be patient and guided by data when considering whether to
raise interest rates, New York Fed President John Williams said
on Friday, in remarks reinforcing the central bank's commitment
to. . .
18/01 Shares in India's Reliance
Industries rose on Friday, following record quarterly
numbers that showed the conglomerate's strategy to diversify
beyond refining and petrochemicals was bearing fruit.. . .
18/01 Walmart Inc, the world's largest
retailer, will remain part of CVS Health Corp's network
for commercial and Medicaid pharmacy customers, the companies
said on Friday, breaking a contract impasse disclosed earlier
this week.. . .
18/01 After tax cuts, rising incomes
and buoyant stock markets set off a consumer boom in 2018,
signs are emerging that the main engine of U.S. economic growth
could sputter, and a record-long government. . .
18/01 Two prominent Japanese electronics
and equipment makers warned of profit declines over the past
week due to the impact of the U.S.-Sino trade war, stoking
worries of widespread cuts to corporate earnings forecasts and. . .
18/01 Democrats now in control of
the U.S. House of Representatives are working out which House
panels will take the lead in investigating President Donald
Trump's business ties to Deutsche Bank, lawmakers and aides
familiar with. . .
18/01 Israel is taking U.S. concerns
about possible cyber-security risks posed by Chinese investments
into account and is in any case skilled at protecting itself
from information theft, a senior Israeli official said on
Friday.. . .
18/01 U.S. oil production growth
combined with a slowing global economy will put oil prices under
downward pressure in 2019, challenging OPEC's resolve to support
the market with output cuts, the International Energy Agency
said on. . .
18/01 Investors are bracing for more
wild swings in European stocks as the upcoming earnings season
tests whether fears about slowing economic and corporate growth
that punished equities in recent months have become a reality.. . .
18/01 Bank of Japan Governor Haruhiko
Kuroda said he expected trade tensions between China and the
United States to be resolved this year, a government official
said at a key economic panel on Friday.. . .
18/01 Morgan Stanley's quarterly profit
fell short of expectations as bond trading revenue slumped more
than rivals and its wealth management business faltered, sending
its shares down 4.4 percent.. . .
18/01 President Donald Trump has
canceled his delegation's trip to the World Economic Forum in
Davos, Switzerland, next week due to the partial U.S. government
shutdown, according to a statement released by Press Secretary
Sarah Sanders. . .
18/01 A federal grand jury in
Detroit on Thursday indicted four managers at Volkswagen AG's
luxury Audi unit as part of the U.S. government's
investigation into the German automaker's diesel emissions
cheating scandal, according to court. . .
18/01 U.S. fund investors charged
into high-yield "junk" bonds during the latest week, pouring in
$3.3 billion, the most cash flowing into that market since late
2016, Lipper said on Thursday, boosted by soothing words. . .
18/01 The U.S. House of
Representatives backed legislation on Thursday to keep sanctions
on companies linked to Russian oligarch Oleg Deripaska,
including aluminum firm Rusal, but the Trump
administration is expected to lift them as soon. . .
18/01 Sears Holdings Corp Chairman
Eddie Lampert won a bankruptcy auction to buy the once iconic
U.S. retailer after presenting an improved offer of $5.2
billion, Sears said on Thursday, but creditors quickly moved to
oppose. . .
17/01 U.S. Treasury Secretary
Steven Mnuchin discussed lifting some or all tariffs imposed on
Chinese imports and suggested offering a tariff rollback during
trade discussions scheduled for Jan. 30, the Wall Street Journal
reported on Thursday,. . .
17/01 China's envoy to Canada on
Thursday warned Ottawa of possible repercussions if it banned
technology firm Huawei Technologies Co Ltd from
supplying equipment to Canadian 5G networks, the latest blast in
a deepening bilateral dispute.. . .
17/01 A U.S. Treasury spokesman
said on Thursday that Treasury Secretary Steven Mnuchin and U.S.
Trade Representative Robert Lighthizer have not made any
recommendations with respect to tariffs on Chinese goods after
it was reported Mnuchin. . .
17/01 Top U.S. aluminum producer Alcoa Corp
beat Wall Street estimates for quarterly profit on
Wednesday, buoyed by strength in its alumina segment, but shares
slipped after the company did not provide a closely watched
profit. . .
17/01 U.S. Treasury yields rose on
Thursday with the benchmark 10-year yield reaching near
three-week highs as better-than-expected economic data and hopes
for progress in U.S.-China trade talks diminished safe-haven
demand for government debt.. . .
17/01 U.S. Treasury yields rose
further on Thursday, as Wall Street investors sold U.S.
government debt and purchased stocks after Dow Jones reported
that the United States was considering whether to remove tariffs
on Chinese-made goods.. . .
17/01 The Democratic chairman of
the U.S. House of Representatives tax committee has asked
Treasury Secretary Steven Mnuchin to testify next week about the
partial government shutdown's impact on the upcoming federal tax
filing season, the. . .
17/01 Food and agriculture group
Cargill Inc will invest some $200 million in Pakistan over the
coming three to five years in sectors ranging from dairy, to
edible oils and animal feed, the prime minister's. . .
17/01 Canadian oil producer Husky Energy
shocked investors on Thursday when it abandoned its
hostile bid for MEG Energy, saying it could not win
sufficient MEG shareholder support after Alberta's government
ordered production cuts to reduce. . .
17/01 Japanese precision motor maker
Nidec Corp on Thursday cut its annual operating profit
outlook by a quarter as the deepening U.S.-China trade war
dampened demand from automakers and home appliance manufacturers
in China.. . .
17/01 Chile's Cochilco state copper commission
on Thursday maintained its average price prediction of $3.05 per
pound for 2019, rising to $3.08 for 2020, amid the continuing
U.S.-China trade war and further potential volatility because. . .
17/01 The German government is debating
whether to follow the United States and allies like Australia in
restricting China's Huawei Technologies from accessing its
next-generation mobile networks on national-security grounds.. . .
17/01 Venture capital investments in
cybersecurity firms hit a record high last year amid a surge in
cyber crime over the last few years, according to a report
released on Thursday by U.S.-based Strategic Cyber. . .
17/01 The U.S. government shutdown
over President Donald Trump's call for Congress to fund a wall
he promised to build on the U.S.- Mexican border is threatening
another campaign pledge to make rules easier to. . .
17/01 India's new foreign investment
restrictions for its e-commerce sector, which includes giants
such as Amazon.com Inc and Walmart-owned Flipkart,
could reduce online sales by $46 billion by 2022, according to a
draft analysis from global. . .
17/01 A bipartisan group of
U.S. lawmakers introduced bills on Wednesday that would ban the
sale of U.S. chips or other components to Huawei Technologies Co
Ltd, ZTE Corp or other Chinese
telecommunications companies that violate. . .
17/01 Chinese Vice Premier Liu He will
visit the United States on Jan. 30 and 31 for the next round of
trade negotiations with Washington, China's commerce ministry
said on Thursday, confirming earlier reports of. . .
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