Dow futures rise 120pts; debt ceiling optimism boosts market
U.S. stocks are seen opening higher Monday on optimism of progress in lifting the country’s debt ceiling, but gains are…
Oil prices fall on stronger dollar, demand fears
(Reuters) – Oil prices settled more than 1% lower on Friday, falling for the fourth consecutive week, as the market…
Ford says it will reduce costs to boost China business
(Reuters) – Ford said on Monday it was working to reduce costs in China as it strives to recover from…
India stocks higher at close of trade; Nifty 50 up 0.46%
India stocks were higher after the close on Monday, as gains in the Real Estate, Fast Moving Consumer Goods and Public Sector Undertakings sectors led…
Amazon optimizes delivery network for speedier delivery, lower costs
(Reuters) – Amazon.com Inc said it has optimized its delivery network coming out of the COVID-19 pandemic, allowing it to…
Colombia’s Avianca backs down from Viva Air merger
(Reuters) – Colombia’s flagship airline Avianca is backing down from a merger with Viva Air, blaming conditions set by the…
Vice Media files for Chapter 11 bankruptcy to facilitate sale
(Reuters) – Vice Media Group, popular for websites such as Vice and Motherboard, filed for bankruptcy protection on Monday to…
Asian shares inch up as investors brace for China data, Fed speakers
(Reuters) – Asian stocks were cautiously higher on Monday as investors braced for the release of China’s industrial and retail…
BAT names finance director Marroco as CEO as Bowles bows out
(Reuters) – British American Tobacco appointed finance director Tadeu Marroco as CEO on Monday, succeeding Jack Bowles who is stepping…
Novartis names Sandoz board members ahead of spin-off
(Reuters) – Novartis on Monday named the intended new board members of Sandoz, the generics business it plans to spin…