Futures edge higher on hopes of monetary stimulus
U.S. stock index futures ticked higher on Monday, as mixed global economic data drove expectations of monetary stimulus from central banks, including the U.S. Federal Reserve.
Market wire
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Uber Eats to pull out of South Korea amid tough competition
Uber Technologies Inc's restaurant delivery business will terminate its service in South Korea, Uber Eats said on Monday.
U.S. states kick off antitrust probe expected to focus on Google
Texas Attorney General Ken Paxton on Monday will detail a multi-state antitrust probe of potentially anticompetitive practices at major U.S. technology companies, which is expected to...
As China trade war escalates, 2020 U.S. Democrats scramble over their message
The growing economic fallout from President Donald Trump’s drawn-out trade war with China would appear to be a ready-made opportunity for Democratic presidential contenders seeking to...
Hyundai Motor joins European electric car charging venture Ionity
Ionity, the European electric vehicle charging joint venture of Volkswagen , BMW , Daimler and Ford , said on Monday that South Korea's Hyundai Motor had...
Impossible Foods says China its top priority meat substitute market
Impossible Foods, a California-based producer of meat substitutes made from plants, is actively working to speed up its entry into China, its number one priority when...
Global stocks gain on hopes of central bank stimulus
Global stock markets gained on Monday as investors pinned their hopes on stimulus that's expected from the world's central banks to support slowing growth.
Saudi Energy Minister: Aiming for Aramco IPO as soon as possible
Saudi Arabia's newly appointed energy minister, Prince Abdulaziz bin Salman, said on Monday that the country is aiming for an initial public offering of its national...
Nivea-maker Beiersdorf launches brand for tattooed skin
German consumer goods firm Beiersdorf is launching its first new brand for more than 30 years - a line of body creams specially for tattooed skin...
Alibaba set for 'big challenge' as flamboyant chairman Ma departs
Alibaba Group chairman Jack Ma will step down from the Chinese firm on Tuesday, leaving his handpicked successor a daunting task of steering the $460 billion...
British Airways cancels 1,700 flights as pilots strike
British Airways (BA) pilots began a two-day strike on Monday, grounding nearly all of its flights and disrupting thousands of passengers in a dispute over pay.
Ferrari to lift lid on new F8 Spider and 812 GTS to maintain fast track growth
Ferrari revealed on Monday its two new releases as the Italian premium automaker pursues an aggressive roll-out of new models to sustain its turbo-charged core earnings...
Russia's Alrosa seeks to brighten up its fluorescent diamond sales
Russia's Alrosa is talking to several global jewelery retailers about jointly marketing the miner's jewelery brand that uses fluorescent diamonds, as it strives to create a...
Nissan to hold news conference at 1100 GMT to discuss board meeting
Nissan Motor Co said it will hold a news conference at 1100 GMT to discuss topics covered at board meeting today.
Japan downgrades second-quarter GDP as trade war hits business investment
Japan's economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending,...