IMF stands by yuan view; says China could need stimulus if trade war worsens
WASHINGTON (Reuters) – The International Monetary Fund on Friday stood by its assessment that the value of China’s yuan was […]
Huawei unveils Harmony operating system, won’t ditch Android for smartphones
DONGGUAN, China/HONG KONG (Reuters) – Huawei Technologies unveiled on Friday its proprietary operating system for smartphones and other devices, as […]
Wall Street jumps, with tech leading the advance
NEW YORK (Reuters) – U.S. stocks jumped on Thursday, led by a more than 2% gain in technology shares, while […]
Silver lining to U.S. market sell-off: Fundamentals still seem to matter
NEW YORK U.S. companies posting strong earnings are still winning laurels from investors, even amid the broad stock sell-off over […]
Commerzbank’s targeted rise in 2019 net profit ‘ambitious’
FILE PHOTO: A Commerzbank logo is pictured before the bank’s annual news conference in Frankfurt, Germany, February 9, 2017. REUTERS/Ralph […]
Factbox: What’s in and what’s out at J.C. Penney
(Reuters) – J.C. Penney Co Inc (JCP.N) has been struggling to reassure investors it can lure shoppers back into its […]
Takeaway.com and Just Eat agree merger terms
LONDON/AMSTERDAM (Reuters) – Amsterdam-based Takeaway.com (TKWY.AS) and British rival Just Eat (JE.L) have finalised the terms of their deal to […]
How a shadow banking crisis sent India’s autos sector into a tailspin
MUMBAI (Reuters) – Sudhir Gharpure and his sales team sat chatting at a big Maruti Suzuki (MRTI.NS) dealership on the […]
U.S. court rules against Maduro bid to oust opposition-backed Citgo board
HOUSTON (Reuters) – The board of Citgo Petroleum appointed by Venezuela’s congress chief was properly seated, a U.S. court ruled, […]
JPMorgan in pole position to lead WeWork IPO after debt offering: sources
NEW YORK (Reuters) – WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt […]