Amazon.com Inc's firm grip on the cloud computing market could be threatened by Microsoft Corp's multi-billion dollar contract with the Pentagon, Wall Street analysts said on Monday.
Uber's move is the latest sign that tech giants are looking to make inroads into finance.
Lebanon needs a political solution to the country's crisis in days to regain confidence and avoid a future economic collapse, Central Bank Governor Riad Salameh told Reuters on Monday.
Oil prices eased on Monday after four days of gains as worries about weak Chinese industrial data offset hopes oil demand will rise as talks progress on a Sino-American trade deal.
Technology stocks pushed the benchmark S&P 500 index to an all-time high and the Nasdaq close to its record level, as a possible U.S.-China trade deal and rising bets on a third rate cut by the Federal Reserve fueled optimism.
Fisher Investments founder Ken Fisher said there will be no lay-offs at his Washington state investment firm despite some $3 billion in withdrawals by pension funds and others over allegedly sexist remarks he made at an investor conference.
Technology stocks propelled the benchmark S&P 500 index to an all-time high, while the Nasdaq hovered below its record level, as a possible U.S.-China trade deal and rising bets on a third rate cut by the Federal Reserve fueled optimism.
Google owner Alphabet Inc has made an offer to acquire U.S. wearable device maker Fitbit Inc , as it eyes a slice of the crowded market for fitness trackers and smartwatches, people familiar with the matter said on Monday.
Lebanon needs a political solution to the country's crisis in days to regain confidence and avert a future economic collapse, Central Bank Governor Riad Salameh told Reuters on Monday.
Lebanon's central bank governor said on Monday a solution must be found in days to a crisis unleashed by huge protests against the ruling elite, saying this would restore confidence and avoid any future economic collapse.
Boeing Co Chief Executive Dennis Muilenburg will acknowledge on Tuesday before Congress that the aircraft manufacturer made mistakes after two deadly 737 MAX crashes killed 346 people, according to written testimony seen by Reuters.
Anglo American unit De Beers said its 2019 marketing budget will exceed last year's figure of $170 million and will focus on the biggest market the United States, where women lavishing diamonds on themselves has boosted sales.
The U.S. telecommunications regulator plans to vote in November to designate Huawei Technologies and ZTE Corp as national security risks, barring their customers from tapping an $8.5 billion government fund to purchase equipment or services, officials said on Monday.The U.S. telecommunications regulator also plans to propose requiring U.S. rural carriers to remove and replace equipment from designated companies. It also plans at its Nov. 19 meeting to vot
Ford Motor Co will cut about 450 jobs at its Oakville assembly plant in Ontario, Canada as the No. 2 U.S. carmaker discontinues production of Ford Flex and Lincoln MKT crossovers, Canada's largest union in the private sector Unifor said https://reut.rs/2pmAPhJ on Monday.
A newly approved three-drug treatment for tuberculosis will be available in 150 countries including India and South Africa, priced at $1,040 for a complete regimen, more than twice the cost proposed in the past by advocacy groups for other treatments.