Oil firms as optimism returns to U.S.-China trade talks
Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world's biggest oil users, and predictions of a draw in U.S. crude inventories.
Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world's biggest oil users, and predictions of a draw in U.S. crude inventories.
Just Eat shareholder Cat Rock Capital on Tuesday urged investors to back an all-share merger with Takeaway.com , saying it believed the combination could create a company worth 1,200 pence a share in little more than a year.
World stocks edged off their highest in almost two years on Tuesday, but kept record levels in sight, following fresh signs that the United States and China were working to end a trade war dragging on the global economy.
Talks with labor representatives on cutting costs at Volkswagen's luxury car unit Audi are making progress, an Audi spokesman said on Tuesday.
How much ride-hailing companies Uber and Lyft charge customers throughout a day is one of the most closely held secrets in Silicon Valley.
Cowen upgraded shares of Chipotle to outperform from market perform and hiked its price target to $970 per share from $800 per share.
Discount store operator Dollar Tree Inc reported better-than-expected quarterly sales on Tuesday, as revamped stores and new products drew more shoppers to its namesake and the Family Dollar chain.
Audi on Tuesday announced a major restructuring scheme, slashing around 9,500 jobs until 2025 in an effort to adopt production to the e-mobility era and achieve billion-euro cost savings.
U.S. stock index futures treaded water on Tuesday, a day after Wall Street closed at record highs, as investors waited for the latest on the trade talks between the United States and China.
Best Buy Co Inc forecast fourth-quarter profit above Wall Street estimates on Tuesday, pointing to hopes of strong demand in the crucial holiday shopping season and sending the shares of the biggest U.S. tech retailer up nearly 5%.
Volkswagen's luxury car unit Audi is planning to cut 9,500 jobs by 2025, a person close to the matter said.
London Stock Exchange shareholders met on Tuesday to vote on the exchange's $27 billion takeover of analytics and data company Refinitiv, a deal designed to broaden LSE's trading business and make it a major distributor of market data.
Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world's biggest oil users, and predictions of a draw on U.S. crude inventories.
Volkswagen's luxury car unit Audi has agreed to give employment guarantees until 2029 in its home-market Germany, two people close to the matter said.
"If you get two or three BBB-credit downgrades to BB or B, that could lead to a rapid widening in credit spreads," Kaplan warned.