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Barrick doesn't have 'for-sale' sign on Tongon, Massawa, but open to options: CEO

Barrick Gold Corp is not actively seeking to sell its Tongon mine in Ivory Coast and the Massawa project in Senegal but will consider various options for both, Chief Executive Mark Bristow told Reuters on Monday.



6 years ago

Morgan Stanley analysts say Fed to cut U.S. rates in September

Morgan Stanley analysts said on Monday that they now expect the U.S. Federal Reserve to cut rates in September and then again in October.



6 years ago

Wall Street falls on geopolitical tensions, recession fears

U.S. stocks dropped in a broad sell-off on Monday as simmering geopolitical tensions spooked equity investors and drove a bond market rally while the protracted U.S.-China trade war stoked fears of impending recession.



6 years ago

Verizon to sell Tumblr to WordPress owner

Verizon Communications Inc said on Monday it would sell its blogging website Tumblr to Automattic Inc, the owner of popular online-publishing tool WordPress.com.



6 years ago

U.S. senators ask Amazon CEO if 'Amazon's Choice' deceives consumers

Two U.S. senators asked Amazon.com Inc Chief Executive Jeff Bezos on Monday how the "Amazon's Choice" badge on certain products is determined and whether the mark deceives consumers into purchasing "products of inferior quality."



6 years ago

Occidental finance chief pledges to act quickly to pare acquisition debt

Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.



6 years ago

China’s digital fiat currency is ‘nearly ready’ for launch: PBOC official

TechNode | Nicole Jao | Aug 12, 2019 China’s planned digital fiat currency is nearly ready for release after five years of research and development, a senior official at the central bank said (in Chinese) at a forum on Saturday in Beijing without confirming a timeframe. Why it matters: The People‘s Bank of China (PBOC)

6 years ago

Yum Brands promotes COO David Gibbs to top job

Yum Brands Inc on Monday named company veteran David Gibbs as its chief executive officer, succeeding Greg Creed, who will be retiring at the end of the year.



6 years ago

American Airlines wins permanent court block against alleged disruption by mechanics

A U.S. federal court on Monday issued a permanent injunction against American Airlines Group Inc's mechanics union, which the airline had accused of illegal slowdowns it said had devastated its operations during the peak summer travel season.



6 years ago

Occidental finance chief pledges to quickly pare acquisition debt

Occidental Petroleum Corp expects to quickly reduce the $40 billion in debt it took on with its purchase of Anadarko Petroleum, the company's finance chief said on Monday.



6 years ago

Asia shares slip as Hong Kong unrest, Argentine peso crash rattle investors

Asian shares fell on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove investors to safe harbors like bonds, gold, and the yen.



6 years ago

Asia shares tumble as Hong Kong unrest, Argentine peso crash unnerve investors

Asian shares slumped on Tuesday as fears about a drawn out Sino-U.S. trade war, protests in Hong Kong and a crash in Argentina's peso currency drove investors to safe harbors like bonds, gold, and the Japanese yen.



6 years ago

Volatility in China's yuan due to escalating U.S. trade friction: PBOC official

Volatility in China's yuan since August is a normal market reaction to escalating trade frictions stoked by the United States and was caused, to some extent, by Washington's decision to raise tariffs, a senior Chinese central bank official said.



6 years ago

Tesla electric car catches fire after hitting a tow truck in Moscow

A Tesla electric car caught fire after crashing into a tow truck on a Moscow motorway late on Saturday.



6 years ago

Russia, after protests, tells Google not to advertise "illegal" events

Russia's state communications watchdog said on Sunday it had asked Google to stop advertising "illegal mass events" on its YouTube video platform.



6 years ago