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Updated: 8 hours 9 min ago

Oil prices extend losses into second session on weak China data

8 hours 44 min ago
Oil prices fell on Tuesday, after heavy losses in the previous session, as two days of weak Chinese data added to worries about the top crude oil importer's energy demand growth.

Exxon Mobil, ONGC sign expertise-sharing deal

9 hours 49 min ago
Global energy giant Exxon Mobil Corp will offer its expertise and technology to India's biggest state-owned explorer Oil and Natural Gas Corp Ltd to help develop its resources in offshore blocks, according to two sources directly privy to the development.

Nifty, Sensex edge higher; Hindustan Unilever rises after upbeat earnings

9 hours 49 min ago
Indian shares were higher on Tuesday, as investors hoped for further rate cuts from the central bank to tackle the economic slowdown amid a rise in inflation during the last month.

Global Markets: Stocks rise on cautious Brexit deal hopes, oil extends losses

10 hours 25 min ago
Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.

Global Stocks make cautious gains ahead of key Brexit summit

13 hours 11 min ago
Asian stocks and Wall Street futures inched higher on Tuesday as some investors held out hope that Britain still had a chance to avoid a messy exit from the European Union at key negotiations this week.

Barneys nears bankruptcy deal with Authentic Brands, Saks owner - sources

13 hours 14 min ago
U.S. luxury department-store chain Barneys New York Inc is nearing a roughly $270 million deal with brand developer Authentic Brands Group that could lead to Barneys shops opening in Saks Fifth Avenue stores, people familiar with the matter said on Monday.

Bank of Japan's Kuroda vows further easing if price momentum lost

13 hours 43 min ago
Bank of Japan Governor Haruhiko Kuroda said on Tuesday the central bank would not hesitate to take additional easing steps if risks to the economy grow and threaten momentum towards its 2% inflation target.

Oil falls more than 2% on U.S.-China trade deal doubts, stronger dollar

13 hours 52 min ago
Oil prices lost about 2% on Monday on worries that global crude demand could stay under pressure as few details about the first phase of a U.S.-China trade deal did little to assure a quick resolution to the tariff fight.

UAW calls Thursday meeting to update union leaders on GM strike talks - sources

15 hours 15 min ago
The union representing the 48,000 workers who have been striking General Motors Co for about a month have scheduled a meeting on Thursday to update the leaders of the various union locals from around the country on the status of the talks, several people familiar with the plans said on Monday.

Exclusive: No choice but to invest in oil, Shell CEO says

15 hours 26 min ago
Royal Dutch Shell still sees abundant opportunity to make money from oil and gas in coming decades even as investors and governments increase pressure on energy companies over climate change, its chief executive said.

Facebook's Libra announces board as support shrinks further

16 hours 32 min ago
Backers of Facebook Inc's Libra cryptocurrency project pledged to forge ahead after selecting a five-member board on Monday, shrugging off the latest member defection by online travel company Booking Holding earlier in the day.

WeWork opens new sites at breakneck speed despite cash-burn concerns

16 hours 50 min ago
WeWork has opened almost as many new locations in the last 3-1/2 months as it did in the whole first half of this year, likely accelerating the speed with which the office-sharing company is burning through cash as increasingly hard-nosed investors scrutinize its prospects for going public.

Southwest pilots say 737 MAX return may be delayed beyond Boeing's fourth quarter goal

17 hours 6 min ago
Southwest Airlines pilots predicted on Monday that the grounded Boeing 737 MAX airplane will return to the skies around February, weeks later than Boeing and airlines have projected.

U.S. House panel 'strongly' urges Uber, Lyft to take part in hearing

17 hours 7 min ago
Uber Technologies Inc and Lyft have declined to appear at a hearing on Wednesday on ride-hailing industry issues, the chairman of the U.S. House of Representatives panel said, urging them to reconsider.

Stocks meander on caution over trade talks, dollar gains

17 hours 35 min ago
The U.S. dollar gained on Monday as optimism ebbed over a potential U.S.-China trade deal that President Donald Trump outlined last week, while a gauge of global equity markets was little changed as investors sought details about an agreement.

Wall St. flat as trade optimism wanes, earnings in focus

19 hours 57 min ago
U.S. stocks paused on Monday after three sessions of gains as a lack of clarity over the first phase of a U.S.-China trade deal weighed on sentiment, while investors geared up for the third-quarter earnings season.

Italy eyes tighter fiscal rules for banks' loan losses - sources

Mon, 10/14/2019 - 23:58
Italy is considering reducing the amount of loan losses that banks can deduct from their taxable income next year, two sources close to the matter told Reuters on Monday, as it looks for ways to finance an expansionary 2020 budget.

Exclusive: Deutsche Bank took years to flag suspect Danske money flows - source

Mon, 10/14/2019 - 23:32
Deutsche Bank did not disclose more than one million suspect money transfers with Danske Bank until February, a person with direct knowledge of the matter said, about five years after a whistleblower flagged suspicious transactions at Danske.

China's Huawei says open to 'no backdoor' agreement with India

Mon, 10/14/2019 - 22:52
China's Huawei Technologies is ready to enter into a "no backdoor" agreement with India to allay security concerns, the telecom group's local head said on Monday, as the giant South Asian country prepares to launch next generation 5G networks.

U.S. says ready to give India technical aid to build strategic oil reserve

Mon, 10/14/2019 - 10:38
The United States is willing to forge a comprehensive partnership with India in the energy sector, U.S. Ambassador to India Kenneth Juster said on Monday.

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