Oil Markets Brace for Impact as OPEC+ Announces Production Cuts
The OPEC oil cartel, led by Saudi Arabia and allied producers like Russia, took another huge go at supporting lagging crude prices on Thursday, extending some supply restrictions into next year and pulling in up-and-coming oil provider Brazil.
Nov 30, 2023 10:59 PM EST
JPMorgan Acquires Significant Stake in Spanish Defense Contractor Indra
JPMorgan purchased a 10.6% stake in Spanish defense systems producer Indra (IDR.MC), according to the stock exchange regulator on Thursday.
Gas Prices Plummet for Thanksgiving, Bringing Cheer to Drivers Across the Nation
According to data from car club AAA, the national average price of petrol touched $3.27 per gallon on Thursday.
Retailers with Flexible Policies Gain Customer Loyalty
Stores that provide generous return policies can win over loyal customers and allay Christmas buyers' fears about squandering money on unneeded items.
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Australia's TerryWhite Chemmart Posts Strong Half-Year Earnings
Australian pharmacy group, TerryWhite Chemmart, doubles revenue following the merger.
Feb 22, 2017 12:11 AM EST
Lenovo Third Quarter Profits Plummet
Tech company Lenovo posts a drop in its third quarter profits as it faced "sizeable" challenges in its business.
Feb 19, 2017 09:11 PM EST
Retail Spending in UK Rises Slightly in January
UK retail spending sees 1.5 percent growth year-on-year in January 2017 compared with January 2016.
Feb 19, 2017 08:12 PM EST
CBS Corp Posts 45.6 Percent Drop In Quarterly Profit
Mass media company, CBS Corporation, posts quarterly profit decrease.
Feb 15, 2017 09:11 PM EST
Toshiba chair quits hours after conglomerate reveals $3.4 billion loss
Toshiba's chairman steps down shortly after the Japanese multinational conglomerate reported a multi-billion-dollar loss.
Feb 15, 2017 01:08 AM EST
Apple Ends Losing Streak, Posts Rise In Sales After Nine Months
Apple CEO Tim Cook says the company had the highest quarterly revenue ever, adding they have also returned close to $15 billion to investors through share repurchases and dividends.
Feb 02, 2017 02:53 AM EST
Amazon to Build Its Own $1.5 Billion Air Hub For Its Own Cargo Airline
Online giant, Amazon, is expanding fast and creating thousands of jobs in the United States, its Prime Air hub will support its dedicated fleet of Prime Air cargo planes.
Feb 01, 2017 09:53 PM EST
Sense of Unease Permeates Wall Street With Trump's New Policies
President Donald Trump is starting to worry Wall Street with the major changes in foreign policies. Economic isolation may result in these changes.
Feb 01, 2017 09:30 PM EST
Jump in manufacturing, tight labor markets show U.S. economic health: Fed
The Fed states that the US economy is improving, there is a revitalization of manufacturing and the labor market has become very tight lately.
Jan 18, 2017 05:15 PM EST
Oil and Trump: Russians full of optimism in Davos
A year ago russians felt depressed because the price of oil plummeted and the West imposed sanctions, but today the price of oil has increased and soon Trump will ease the sanctions.
Jan 18, 2017 05:15 PM EST
Wall Street falls with financials, other post-election gainers
US stocks fell due to protectionist trade policies planned by Trump, the concerns pushed the dollar to its lowest in more than a month
Jan 18, 2017 09:23 AM EST
Dollar dips on Trump comments; sterling heads for biggest rise since 2008
Donald Trump states that the strong dollar is killing US companies when trying to compete with China. The dollar fell because of his comments.
Jan 17, 2017 04:27 PM EST
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