Wall Street hits high on trade optimism
Business Posted U.S. stocks hit record closing highs again Friday after data showed a rise in consumer spending and investors continued to be optimistic over progress in the U.S.-China trade war. Fre ...
Shell writes down up to $2.3 bln on weaker economic outlook
Business Posted Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due t ...
How some traders got a jump on the Bank of England
Business Posted The Bank of England says a rogue supplier let some traders listen in on an audio feed that let them hear governor Mark Carney's comments before anyone else, potentially giving them a ...
Xmas cheer for Germany as business morale rises
Business Posted German business morale rose more than expected in December to hit a six-month high in the latest IFO survey, suggesting Europe's largest economy picked up steam. David Pollard reports ...
Boeing halts production of 737 MAX
Business Posted Boeing will halt production of the 737 MAX in January, without any layoffs, as the grounding of the planemaker's best-selling jet after two deadly crashes looks to extend well into 20 ...
Week ahead: Nike, FedEx results and inflation data
Business Posted Nike and FedEx, two companies with big exposure to the global economy, are set to report quarterly results in the upcoming week. Conway G. Gittens has a look at the week's major event ...