The S&P 500 moved closer to its all-time high on Wednesday, while technology stocks nudged the Nasdaq to a record level, as investors took heart from a largely upbeat earnings season.
Walmart Inc said on Wednesday it would enter the U.S. beef industry by creating an end-to-end supply chain of Angus beef, as it looks to offer higher quality meat to customers in an intensely competitive grocery industry.
REUTERS: Ford Motor Co said on Wednesday it will invest US$500 million in U.S. electric vehicle startup Rivian Automotive LLC, joining Amazon.com Inc in backing the potential rival to Silicon Valley's Tesla Inc. Ford said it will use Rivian's "skateboard" - a chassis that bundles electric motor ...
Developer Related Companies said on Tuesday one of its affiliates has agreed to buy the global headquarters of AT&T's WarnerMedia in Manhattan for about US$2.2 billion, in one of the city's most expensive commercial real estate deals.
REUTERS: U.S. stocks opened little changed on Wednesday after a record-setting rally in the previous session, weighed down by mixed results from industrial bellwethers Boeing and Caterpillar. The Dow Jones Industrial Average fell 3.83 points, or 0.01per cent, at the open to 26,652.56. The S&P 500 ...
SINGAPORE: Loss-making Hong Kong Disneyland Resort has hiked ticket prices for The Happiest Place On Earth by an average of 3 per cent. Effective Wednesday (Apr 24), those aged 12 to 64 will have to pay HK$639 (US$82) for a one-day entrance ticket, while children above 3 years old...
Boeing Co reported a 21 percent fall in first-quarter profit on Wednesday and suspended its 2019 outlook as the world's largest planemaker worked to get its 737 MAX jets back in the air after two deadly accidents.
Caterpillar Inc raised its full-year profit forecast on Wednesday as it booked a tax gain in the first quarter stemming from the overhaul of U.S. tax laws.
BRUSSELS: The complicated, hot-and-cold relationship between Europe and China takes another turn this week, as several EU leaders break ranks to attend the Belt and Road summit in Beijing. The list of European leaders attending the showcase for China's global influence - held Thursday through ...
Japan's Softbank is to invest 900 million euros ($1 billion) in beleaguered German financial technology firm Wirecard, or a stake of about 5.6 percent, Wirecard announced Wednesday.