[ad_1] NEW YORK (Reuters) – Oil futures inched up on Tuesday after news that OPEC would continue production cuts despite comments from U.S. President Donald Trump, who criticized the producer group for rising crude prices
Wall Street flat as tech gains limited by weakness in consumer discretionary
[ad_1] (Reuters) – U.S. stocks were little changed in choppy trading on Tuesday, as gains in technology sector were offset by losses in shares of consumer discretionary companies including Home Depot. Traders work on the
JPMorgan keeps key profit goal, cautious on U.S. recession risks
[ad_1] NEW YORK (Reuters) – JPMorgan Chase & Co, the biggest U.S. bank by assets, said on Tuesday it expects to face rising costs for deposits, a key part of its business, and slowing global
Embraer shareholders OK sale of commercial jet division to Boeing
[ad_1] SAO PAULO (Reuters) – Shareholders of Brazil’s Embraer SA approved a deal on Tuesday to sell 80 percent of the company’s commercial plane division to Boeing Co, enabling Boeing to compete with Airbus SE
AT&T defeats U.S. in merger fight to buy Time Warner
[ad_1] WASHINGTON (Reuters) – A U.S. appeals court approved wireless carrier AT&T Inc’s deal to buy media company Time Warner on Tuesday, a defeat for the U.S. Justice Department which had argued the $85.4 billion
Standard Chartered resets growth targets with cost cuts, divestment plans
[ad_1] HONG KONG/LONDON (Reuters) – Standard Chartered PLC has unveiled plans to double returns and dividends in three years by cutting $700 million in costs and boosting income, even though the bank missed its previous
India delays levying retaliatory tariff on U.S. goods to April 1
[ad_1] NEW DELHI (Reuters) – India has once again delayed implementation of higher tariffs on some goods imported from the United States to April 1, according to a government order issued on Tuesday. The new
Pound leaps on Brexit hopes, world shares take breather
[ad_1] LONDON (Reuters) – Britain’s pound hit a 21-month high against the euro on Tuesday on hopes for a delay to Brexit, while world shares took a breather after scaling a five-month peak. A broker
Vedanta sells down Sterlite copper concentrate stockpiles: sources
[ad_1] A general view shows Sterlite Industries Ltd’s copper plant in Tuticorin, in Tamil Nadu April 5, 2013. REUTERS/Stringer/Files NEW DELHI/BEIJING (Reuters) – Vedanta Ltd is selling down copper concentrate stocks from its Sterlite smelter
Chinese firm behind the ‘Amazon Coat’ hits jackpot in U.S., eschews China
[ad_1] JIAXING, China/NEW YORK (Reuters) – When Kevin Chiu left his job in 2012 to try his luck at starting an online apparel business in a rural Chinese city, his main goal was to carve