Stock Market
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Analysis: The Fed makes the rise in U.S. consumer stocks shaky, and inflation is the main focus.
NEW YORK Expectations of Federal Reserve tightening as well as economic concerns are weighing on a rebound of consumer discretionary…
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FT: Big U.S. banks are talking about leaving Mark Carney’s climate alliance.
Major Wall Street bankers have threatened to quit United Nations climate envoy Mark Carney’s financial alliance over legal risk, according…
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Schneider, a French company, will buy the last remaining Aveva shares for 31 pounds per share.
PARIS/LONDON – French industrial company Schneider Electric (EPA SCHN), announced it would continue with a complete takeover of British software firm…
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Nestle changes as hoarding gets worse in North Africa and Asia
LONDON/GDANSK/KAZAKHSTAN Seyda Bal, who works at a bank in Istanbul, is so anxious about the rising price of groceries that…
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In their quest for in-car technology, automakers have to deal with patents.
STOCKHOLM/BERLIN – More than a dozen automobilemakers, including Toyota and Nissan (OTC NSANY ), signed up for a platform that…
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Novartis will go to the Supreme Court with a case about a U.S. drug patent
ZURICH Novartis AG has announced that it will ask the U.S. Supreme Court to confirm the validity of a patent…
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After Rio Tinto’s CEO warned about copper, Australian mining stocks went down.
The major Australian mining stocks fell on Wednesday, after Jakob Stausholm, CEO of Rio Tinto, warned that copper prices will…
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Fire at PG&E’s Tesla battery plant in California is under full control.
An outbreak of fire at PG&E (NYSE ) Corp’s energy storage facility that uses Tesla battery packs (NASDAQ: TSLA) Inc was…
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Asia stocks go up, and a big Fed rate hike is expected to be priced in.
HONG KONG Asian shares rose on Tuesday after an increase in the last half hour New York trading on the…
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AMP handed $9.7 million penalty for charging pensioners ‘fees for no service’
Wealth manager AMP (OTC: AMLTF) Ltd was slapped with a fine that was A$14.5 million ($9.74 million) on Tuesday by…
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