Home Depot, Lowe’s may signal more pain from muted consumer spending, housing demand
(Reuters) – Wall Street is bracing for another quarter of weak sales from U.S. home improvement chains Home Depot (NYSE:HD)…
Saudi Arabia stocks lower at close of trade; Tadawul All Share down 0.41%
Saudi Arabia stocks were lower after the close on Monday, as losses in the Media & Publishing, Telecoms & IT…
Tyson Foods forecasts downbeat annual revenue on slowing meat demand
(Reuters) – Tyson Foods (NYSE:TSN) on Monday forecast revenue for its next fiscal year below Wall Street estimates after missing…
Morgan Stanley predicts India’s stock market volatility ahead of elections
Morgan Stanley has provided an analysis of the potential impact that the upcoming general elections in India may have on…
Volkswagen to cut administrative personnel costs 20% in savings drive -Handelsblatt
(Reuters) – Volkswagen plans to cut administrative personnel costs by a fifth as part of a cost-cutting package to save…
Citibank denies reimbursement for $120,000 stolen from trust account
A Skokie resident’s battle with Citibank over a substantial unauthorized withdrawal from a trust account earmarked for his sister’s Alzheimer’s…
Parsons Corporation secures role in $5 billion Puerto Rico power project
Parsons (NYSE:PSN) Corporation has been selected to participate in the US Army Corps of Engineers (USACE) Savannah District’s extensive $5…
Airbaltic orders another 30 Airbus A220-300
(Reuters) – Latvian airline Airbaltic said on Monday it had placed an order for another 30 Airbus A220-300 passenger jets,…
Boeing to open aviation parts center in India, eyes local collaboration
On the eve of the Dubai Airshow, Boeing (NYSE:BA) announced plans to establish a new aviation parts and components center…
Oil wavers on weak demand outlook in US and China, Fed hedging
Oil prices wavered on Monday, as renewed concerns over waning demand in the United States and China, coupled with mixed…