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Gold dips as investors opt for safe-haven dollar, bonds
Gold eased on Tuesday as investors flocked to the dollar and U.S. government bonds amid steep declines in stock markets.
Posted on : 2018-11-20 22:21:30
Campbell Soup first-quarter profit beats estimate, shares jump
Campbell Soup Co on Tuesday reported a smaller-than-expected decline in quarterly earnings, boosting shares of the soup maker a week before its proxy showdown with hedge fund Third Point LLC.
Posted on : 2018-11-20 22:09:03
Oil drops 4 percent as equities slide sparks demand worries
Oil prices fell about 4 percent on Tuesday, with U.S. crude plunging to its lowest in over a year, caught up in Wall Street's broader selloff fed by growing concerns about slowing global growth.
Posted on : 2018-11-20 21:57:35
With eyes on China, EU agrees investment screening rules
The European Union on Tuesday provisionally agreed on rules for a far-reaching system to coordinate scrutiny of foreign investments into Europe, notably from China, to end what a negotiator called "European naivety".
Posted on : 2018-11-20 21:55:59
Bitcoin crashes to lowest this year, losses top 25 percent in a week
Bitcoin slumped on Tuesday to its lowest this year, tumbling as much as 10 percent to breach $4,300 and taking losses in the world's best-known digital coin to 25 percent within a week.
Posted on : 2018-11-20 21:55:32
France urges Renault to replace Ghosn, Nissan alliance faces strain
France urged Renault on Tuesday to replace CEO Carlos Ghosn after his arrest in Japan on financial misconduct allegations, which sources said formed part of an investigation extending to its broader carmaking alliance with Nissan.
Posted on : 2018-11-20 21:32:35
Target shares slide as profit misses estimate, inventories jump
Target Corp said on Tuesday that third-quarter profit missed estimates as investments in its online business, higher wages and price cuts hurt margins and a big jump in inventory ahead of the critical holiday season worried investors.
Posted on : 2018-11-20 21:24:29
eBay polishes plans for online second-hand luxury watch market
Buying a second-hand luxury watch on eBay should get easier next year as the online auction platform gets better at checking that only genuine timepieces go under the hammer.
Posted on : 2018-11-20 21:21:55
German watchdog asks Deutsche to supply information on Danske: source
Germany's financial watchdog has asked Deutsche Bank to provide information on its dealings with Danske Bank, which is caught up in money laundering allegations, a source close to the matter said on Tuesday.
Posted on : 2018-11-20 21:19:49
Target third-quarter results miss estimates, shares tumble
Target Corp reported third-quarter earnings and comparable sales below estimates on Tuesday at a time when a strong economy has boosted consumer spending at rival retailers, sending its shares sliding nearly 10 percent in premarket trade.
Posted on : 2018-11-20 20:58:12
Jar wars: the Italian plot to weaken Nutella
Chocolate spread Nutella has long had pride of place on supermarket shelves but faces imminent attack from an Italian rival usually found in the pasta section.
Posted on : 2018-11-20 20:49:42
China bars actress Zhao Wei from holding key positions in companies for 5 years
Billionaire Chinese actress Zhao Wei and her husband have been barred from taking on key positions at listed companies for five years for violating securities regulations, the Shanghai Stock Exchange said on Tuesday.
Posted on : 2018-11-20 20:48:09
Amazon among bidders for 22 Disney sports networks: CNBC
Amazon.com Inc is bidding for Walt Disney Co's 22 regional sports networks, including Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter.
Posted on : 2018-11-20 20:46:18
Exclusive: India to probe alleged antitrust behaviour by Maersk, DP World at Mumbai port - sources
India's antitrust regulator has ordered a probe into alleged anti-competitive practices by Denmark's A.P. Moller-Maersk and Dubai's DP World at the terminals they operate at the country's largest container port in Mumbai, five sources familiar with the matter told Reuters.
Posted on : 2018-11-20 20:33:53
ECB steps up checks of banks at high risk of laundering money
The European Central Bank is stepping up scrutiny of banks it sees at high risk of laundering money by launching a dedicated network of watchdogs sharing information on the matter, its chief supervisor Daniele Nouy said on Tuesday.
Posted on : 2018-11-20 20:12:18
Wall Street tumbles at open on retail gloom, tech concerns
U.S. stocks opened sharply lower on Tuesday as poor forecasts from retailers for the holiday quarter fed into a market driven lower this week by concerns about demand for iPhones.
Posted on : 2018-11-20 20:05:01
Retail gloom, tech weakness pin down Wall Street
U.S. stocks were set to open sharply lower on Tuesday as poor forecasts from retailers including Target Corp and Kohls Corp for the holiday quarter fed into a market driven lower this week by concerns about demand for iPhones.
Posted on : 2018-11-20 20:00:48
U.S. housing starts rise on multi-family segment
U.S. homebuilding rose in October amid a rebound in multi-family housing projects, but construction of single-family homes fell for a second straight month, suggesting the housing market remained mired in weakness as mortgage rates march higher.
Posted on : 2018-11-20 19:55:03
China property developers face new normal: double-digit bond yields
Times China Holdings sold a three-year bond in January at a yield of 6.25 percent, now the Chinese property group is having to offer almost double that on a two-year deal, highlighting rising financing costs for Chinese developers.
Posted on : 2018-11-20 19:38:28
Gold firms as stocks slide, holds narrow range
Gold firmed near a two-week peak on Tuesday, as a slide in stock markets offset an uptick in the dollar, with the metal holding a tight range in light trade ahead of the U.S. Thanksgiving holiday.
Posted on : 2018-11-20 19:37:30
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