[ad_1] FILE PHOTO: Dennis Muilenburg, CEO, Boeing speaks during a roundtable discussion on defense issues with U.S. President Donald Trump at Luke Air Force Base, Arizona, U.S., October 19, 2018. REUTERS/Jonathan Ernst/File Photo SEATTLE (Reuters)
Stocks surge in broad rally, Treasury yields rise
[ad_1] NEW YORK (Reuters) – Global equity markets surged on Monday, lifted by talk of more stimulus from China and by a broad rally on Wall Street that overcame a plunge in Boeing shares after
Nvidia outbids Intel to buy Israel’s Mellanox in data centre push
[ad_1] (Reuters) – U.S. chip supplier Nvidia Corp has agreed to buy Israeli chip designer Mellanox Technologies Ltd for $6.8 billion, beating rival Intel Corp in a deal that would help the firm boost its
Brazil cane industry group wants tariff-free access to U.S. sugar market
[ad_1] SAO PAULO (Reuters) – Brazil should seek a tariff-free sugar quota agreement with the United States similar to the tariff-free ethanol quota it offers to U.S. exporters of the biofuel, the new head of
Oil gains 1 percent as Saudi minister stands by OPEC output cuts
[ad_1] NEW YORK (Reuters) – Oil prices rose 1 percent on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June. Pumpjacks are seen
Tesla’s Musk nears deadline to respond to U.S. SEC contempt bid
[ad_1] Tesla Inc Chief Executive Elon Musk has until the end of the day on Monday to explain why he should not be held in contempt for recent tweets that U.S. securities regulators say violated
Ghost workers sap Tunisia’s phosphate wealth
[ad_1] METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he spends most days in his favourite cafe in the southern town of Metlaoui. He
After Ethiopia crash horror, some nations ground Boeing 737 MAX 8s
[ad_1] GARA-BOKKA, Ethiopia (Reuters) – China and Indonesia grounded their fleets of Boeing’s 737 MAX 8 aircraft on Monday as witnesses recalled the terrifying spectacle of smoke and debris trailing from an Ethiopian Airlines plane
Gold edges lower as equities recover, dollar steadies
[ad_1] (Reuters) – Gold slipped on Monday after failing to break decisively above resistance at $1,300 per ounce in the previous session, as equity markets regained some ground and the dollar steadied near a three-month
In fresh blow to Monsanto, India cuts GM cotton seed royalty
[ad_1] NEW DELHI (Reuters) – India has cut the royalties that local seed companies pay to German drugmaker Bayer AG’s Monsanto unit for the third time in four years. FILE PHOTO: An employee works at