Welcome Guest
»

Top Business Stories

Oil falls on failed output freeze; Dow above 18,000
NEW YORK (Reuters) - Oil prices edged lower on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets rose and the Dow Jones industrial average closed above 18,000 for the first time since July.
Posted on : 2016-04-19 03:32:21
Greybull Capital mulls bid for Tata Steel's specialty arm - FT
(Reuters) - Investment firm Greybull Capital is considering making a bid for Tata Steel Ltd's UK specialty steels arm, the Financial Times reported, citing sources.
Posted on : 2016-04-19 03:27:34
China must act on steel overcapacity or face trade actions - U.S. officials
WASHINGTON (Reuters) - China must take "timely and concrete actions" to reduce excess production and capacity in its steel industry or face possible trade action from other countries, U.S. officials said on Monday.
Posted on : 2016-04-19 03:19:08
Oil falls after Qatar meeting disappoints; stocks up
NEW YORK (Reuters) - Oil prices slumped on Monday after producers failed to agree on a plan to curb global supply at a meeting in Qatar, while world stock markets edged higher.
Posted on : 2016-04-19 02:42:06
IBM's revenue beats Street as cloud push begins to pay off
(Reuters) - International Business Machines Corp's quarterly revenue beat analysts' estimates, as the company's shift to high-growth areas such as cloud-based services begins to yield results.
Posted on : 2016-04-19 02:25:42
Business confidence boost unlikely if Brazil's Rousseff impeached - poll
BRASILIA (Reuters) - The probable impeachment of Brazil's President Dilma Rousseff is unlikely to be followed by an immediate rebound in business confidence or currency gains, a Reuters poll showed on Monday.
Posted on : 2016-04-19 02:25:08
Netflix second-quarter subscriber additions forecast misses estimates
(Reuters) - Video-streaming service provider Netflix Inc forecast both U.S. and international subscriber additions for the current quarter below analysts' expectation, sending its shares tumbling about 9 percent in after-hours trading.
Posted on : 2016-04-19 02:11:07
Dow reclaims 18,000 as quarterly scorecards start to flow
(Reuters) - The Dow Jones industrial average climbed to a nine-month high on Monday, in a market buoyed by Hasbro and Disney, as investors braced for a flurry of quarterly earnings reports through the week.
Posted on : 2016-04-19 02:05:04
China, major producers fail to reach deal over steel
BRUSSELS (Reuters) - China and other major steel-producing countries failed on Monday to agree measures to tackle a global steel crisis as the sides argued over the causes of overcapacity and whether Beijing is keeping loss-making producers afloat.
Posted on : 2016-04-19 01:56:10
Disney, Hasbro lift Wall Street as earnings heat up
NEW YORK (Reuters) - The Dow Jones industrial average climbed to a nine-month high on Monday, as Hasbro and Disney shares lifted the consumer discretionary sector while investors braced for a flurry of quarterly earnings reports through the week.
Posted on : 2016-04-19 01:37:47
Exclusive - Target increases minimum wage to $10 an hour: sources
CHICAGO (Reuters) - Discount retailer Target Corp has started raising employee wages to a minimum of $10 an hour, its second hike in a year, pressured by a competitive job market and labour groups calling for higher wages at retail chains, sources said. Target management has informed store managers, who in turn have started informing employees about the wage hike and most employees who earn less than $10 per hour should see their base pay go up in May, two sources with direct kn
Posted on : 2016-04-19 01:25:21
Gold steadies as oil prices recover from tumble
NEW YORK/LONDON (Reuters) - Gold steadied on Monday as the dollar fell against a basket of major currencies, world stock markets edged higher, and oil prices pared earlier losses that had been triggered by the failure by oil producers to agree an output freeze.
Posted on : 2016-04-19 01:11:24
UBS blamed in U.S. trial for $2.1 billion in mortgage bond losses
NEW YORK (Reuters) - UBS AG went to trial on Monday over $2.1 billion in losses that investors incurred on mortgage-backed securities after the collapse of the U.S. housing market.
Posted on : 2016-04-19 00:45:45
Oil down but off lows as Kuwait strike offsets failed output freeze
NEW YORK (Reuters) - Oil prices slid on Monday after a plan by major oil producers to freeze production was scuttled, but a Kuwaiti oil industry strike still helped the market to settle way off the day's lows.
Posted on : 2016-04-19 00:40:50
Dow reclaims 18,000 as quarterly reports begin to flow
(Reuters) - Wall Street rose on Monday, with the Dow touching highs not seen since July, as Hasbro and Disney lifted the consumer discretionary sector while investors braced for a flurry of quarterly earnings reports through the week.
Posted on : 2016-04-19 00:35:39
VW labour chief calls for managers to waive bonuses - Handelsblatt
FRANKFURT (Reuters) - Volkswagen's management board should volunteer to cut their bonus payments, the company's powerful labour chief Bernd Osterloh told German daily Handelsblatt.
Posted on : 2016-04-19 00:34:13
Emaar Properties chairman "really scared" of early 2016 market conditions
DUBAI (Reuters) - The chairman of Emaar Properties has admitted that he was "really scared" of market conditions coming into 2016 but said the performance of Dubai's largest developer in the first quarter looked good after some severe cost cutting.
Posted on : 2016-04-18 23:17:47
Cuts in sugar output estimates may extend price rally - traders
LONDON/MUMBAI (Reuters) - Any further downward revisions in Indian sugar output due to drought could drive global sugar prices higher, extending a rally that has been fuelled by rising global deficit forecasts, traders said on Monday.
Posted on : 2016-04-18 23:11:42
Oil steadies as Kuwait strike offsets scuttled output-freeze plan
NEW YORK (Reuters) - Oil prices steadied on Monday after a Kuwaiti workers' strike slashed the country's oil output by more than half, offsetting worries about a scuttled plan by major oil producers to freeze production.
Posted on : 2016-04-18 22:59:48
Wall Street rises on oil recovery, gains in Hasbro, Disney
(Reuters) - Wall Street held onto gains on Monday as a recovery in oil boosted energy shares and Hasbro and Disney lifted the consumer discretionary sector.
Posted on : 2016-04-18 22:48:20
  • Live
  • Upcomming
  • Completed