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Lebanon's closed banks pledge to pay out salaries

Lebanese banks said on Monday they would ensure public sector workers were paid their salaries as they remain closed by a wave of protests against politicians blamed for corruption and steering Lebanon toward economic collapse.



4 years ago

Trump: 'ahead of schedule' on China trade deal

U.S. President Donald Trump said on Monday he expected to sign a significant part of the trade deal with China ahead of schedule but did not elaborate on the timing.



4 years ago

Exclusive: Google owner Alphabet in bid to buy Fitbit - sources

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.



4 years ago

Here's what every major analyst expects from Alphabet's earnings report after the bell

Wall Street analysts predict what will happen with Alphabet's earnings report after the bell.

4 years ago

Trump says U.S. will cooperate with 'like-minded' nations on 5G networks

U.S. President Donald Trump said in a letter Monday the United States plans to cooperate with "like-minded nations" to promote security in next-generation 5G networks.



4 years ago

LVMH wants to tie knot with Tiffany to tap fast-growing jewelry market

LVMH has offered to buy Tiffany & Co, known for its engagement rings and ties to Hollywood glamor, as the owner of Louis Vuitton and Bulgari seeks to expand in jewelry, one of the fastest-growing parts of the luxury goods market.



4 years ago

Ebbing flows curb U.S. goods trade deficit; inventories mixed

The U.S. goods trade deficit fell in September as trade tensions restricted the flow of goods, but that did not change views that economic growth decelerated further in the third quarter amid slowing consumer spending and declining business investment.



4 years ago

Stocks gain on improved outlook for trade deal

An index of global stock markets rose to a 21-month high on Monday, boosted by growing hopes for a U.S.-China trade deal and the view that the U.S. Federal Reserve this week will deliver its third interest rate cut for 2019.



4 years ago

VW's electric bet in China brings global muscle to zero-emissions race

Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground.



4 years ago

Lebanon's eurobonds drop after cenbank chief says solution needed to avert collapse

Lebanon's eurobonds sharpened their sell-off on Monday after Central Bank Governor Riad Salameh said a political solution was needed to the country's crisis in days to regain confidence and avoid a future economic collapse.



4 years ago

Pentagon deal to boost Microsoft's position in cloud computing: analysts

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.



4 years ago

Uber announces deeper push into financial services with Uber Money

Uber's move is the latest sign that tech giants are looking to make inroads into finance.

4 years ago

Central bank governor: Lebanon needs solution in days to stave off future economic collapse

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.



4 years ago

Oil falls as weak Chinese data offsets hope on U.S.-China trade talks

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.



4 years ago

S&P 500 hits record high on hopes of trade deal, rate cut

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.



4 years ago