News

Wall Street inches higher as Dec. 15 tariff deadline looms

Reuters Business News - Thu, 12/05/2019 - 17:18
Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15.
Categories: Business News

Saudi Aramco prices shares at top of range in world's biggest IPO

Reuters Business News - Thu, 12/05/2019 - 17:14
DUBAI/RIYADH Reuters) - State-owned oil giant Saudi Aramco's initial public offering (IPO) will be the biggest in history, but will still fall significantly short of the towering $2 trillion valuation long sought by Crown Prince Mohammed bin Salman.
Categories: Business News

Dollar slides on recent round of weak U.S. data; sterling, euro rise

Reuters Business News - Thu, 12/05/2019 - 16:33
The dollar dropped for a fifth straight session on Thursday, pressured by softer-than-expected U.S. economic data and this week's robust performance by the euro and the British pound.
Categories: Business News

Global stocks edge higher on Trump remarks; dollar slides

Reuters Business News - Thu, 12/05/2019 - 16:25
Solid economic data lifted government debt yields on Thursday while global equity markets edged slightly higher after U.S. President Donald Trump said trade talks with China are "moving right along."
Categories: Business News

HDFC MF shares drop over 4% after Standard Life divests 3.1% stake

Business Standard - Thu, 12/05/2019 - 16:23
HDFC AMC has time until August 2021 to bring down promoter holding to 75 per cent
Categories: Business News

Biden snaps at man, calls him liar for questioning son's Ukraine link

Business Standard - Thu, 12/05/2019 - 16:10
The 77-year-old Biden also responded forcefully to a suggestion by the questioner that he was "too old" to be running for president.
Categories: Business News

Oil little changed despite OPEC+ plan to deepen cuts

Reuters Business News - Thu, 12/05/2019 - 16:05
Oil futures were steady to slightly firmer on Thursday despite OPEC and its allies planning one of the deepest output cuts this decade to prevent oversupply.
Categories: Business News