Bridgewater Associates' Ray Dalio said on Friday his hedge fund does not have a net bet that the stock market will fall, taking issue with a story published earlier in the Wall Street Journal.
The group overseeing a large U.S. federal pension fund said recent legislation aimed at preventing it from investing in China-based companies will deprive its participants of a significant opportunity for retirement returns if passed.
EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, potentially dealing a blow to telecoms equipment market leader Huawei Technologies.
A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.
More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since President Donald Trump took office, a report showed on Friday, signaling headwinds for key sources of funding for U.S. companies.
After insisting for 15 years that the superjumbo is the future, Emirates airline has been forced by the demise of the A380 to embrace smaller wide-body jets, resulting in a flurry of maneuvers between planemakers at this week's Dubai Airshow.
By Karin Strohecker, Marc Jones, Rodrigo Campos and Cassandra Garrison
U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.
British Airways and its pilots' union BALPA have reached a preliminary agreement to end the pay dispute that resulted in the first walkout by pilots in the airline's history, the union said on Friday.
Volkswagen's premium unit Audi wants to cut thousands of jobs to fund a costly transition to electric vehicles, but talks with powerful labor representatives have hit a logjam, two sources familiar with the matter told Reuters.
President Donald Trump said on Friday his administration would take a "good luck" at a Hong Kong bill that passed the U.S. Congress nearly unanimously, as lawmakers awaited his decision on whether he would sign it into law or issue a veto.
UniCredit has struck a deal to reduce its exposure to Turkey's Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Italian bank's full exit from the recession-hit country.
CNBC | Hugh Son | Nov 21, 2019 Key Points The digital bank Aspiration has had difficulty closing its most recent funding round, according to people with knowledge of the matter. The company laid off 15% of its employees last month and has been withholding some payments to vendors since at least the summer, these
Wall Street rose on Friday with help from positive comments from Washington and Beijing about progress on efforts to reach a U.S.-China trade deal ,and from upbeat domestic economic data.
New quarterly data from the biggest U.S. banks suggest that some will need to back away from short-term lending markets by year-end to avoid triggering requirements that they hold more capital.