[ad_1] TOKYO (Reuters) – Asian stocks gained and the dollar sagged on Friday after a top Federal Reserve official all but cemented expectations of a U.S. interest rate cut later this month. FILE PHOTO: A
Exclusive: WeWork to host Wall Street analyst day in IPO push – sources
[ad_1] NEW YORK (Reuters) – The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for
U.S.-China officials discuss trade; Mnuchin eyes possible in-person talks
[ad_1] CHANTILLY, France/WASHINGTON (Reuters) – U.S. and Chinese officials spoke by telephone on Thursday as the world’s two largest economies seek to end a year-long trade war, with U.S. Treasury Secretary Steven Mnuchin suggesting in-person
Microsoft beats estimates, powered by growing cloud profits
[ad_1] (Reuters) – Microsoft Corp (MSFT.O) on Thursday beat analysts’ estimates for fourth-quarter revenue and profit, powered by continued sales increases from its cloud business and a boost from businesses upgrading Windows. FILE PHOTO: The
Boeing takes $4.9 billion charge related to 737 MAX
[ad_1] SEATTLE (Reuters) – Boeing said on Thursday it would take an after-tax charge of $4.9 billion in the second quarter related to estimated disruptions from the grounding of its money-spinning 737 MAX after two
Fed’s Williams argues for vaccinating economy when rates are low
[ad_1] NEW YORK (Reuters) – Policymakers need to add stimulus early to deal with too-low inflation when interest rates are near zero and cannot wait for economic disaster to unfold, a Federal Reserve policymaker said
Gold steadies near two-week high as dollar eases on rate cut bets
[ad_1] (Reuters) – Gold prices held steady on Thursday, holding close to a two-week high, as the dollar eased on rising expectations of an interest rate cut by the U.S. Federal Reserve. A dealer displays
Exclusive: Canada warns U.S. against drug import plans, citing shortage concerns
[ad_1] TORONTO (Reuters) – Canada opposes any U.S. plans to buy Canadian prescription drugs that might threaten the country’s drug supply or raise costs for its own citizens, officials have told U.S. authorities, in a
Publicis cuts guidance after disappointing second quarter revenue growth
[ad_1] PARIS (Reuters) – Publicis, the world’s third-biggest advertising group, cut its 2019 growth guidance on Thursday after reporting a weaker-than-expected performance in the second quarter as it struggles to revive sluggish sales in the
Blackstone reports better-than-expected Q2 distributable earnings
[ad_1] (Reuters) – Blackstone Group Inc, the world’s largest manager of alternative assets such as private equity and real estate, said on Thursday its distributable earnings in the second quarter rose 1% year-on-year, more than