Bain Capital is close to finalizing a deal for a stake in IT services provider Engineering Ingegneria Informatica that would see the U.S. investor share ownership of one of Italy's biggest technology companies, sources told Reuters.
Growth of U.S. labor costs was not as robust as initially thought in the third quarter, suggesting inflation could remain tame in the near term.
McDonald's Corp is selling only 20-30 plant-based Beyond Meat burgers per day in Canadian restaurant testing, although sales are reaching 100 burgers a day in more densely populated areas in the country, industry checks by UBS showed.
Ryanair may not receive any 737 MAX aircraft from Boeing by mid-2020 at the earliest due to European delays in testing the grounded jets, Chief Executive Michael O'Leary said.
A judge on Tuesday ruled in favor of Exxon Mobil Corp in a lawsuit brought by New York state accusing the oil company of hiding from investors the true cost of addressing climate change.
Boeing Co delivered less than half as many planes in the first eleven months of 2019 as in the same period a year earlier, the planemaker said on Tuesday, as it continued to struggle with the grounding of its best-selling 737 MAX jets.
U.S. House Democrats on Tuesday claimed victory in negotiating changes to a U.S.-Mexico-Canada trade agreement to ensure better protection for workers, the environment and remove key provisions that they said would have benefited big pharmaceutical companies.
Canada, Mexico and the United States have reached an agreement on a new North American free trade deal and they will sign it on Tuesday, but the pact still needs the approval of U.S. and Canadian lawmakers, Mexico's president said.
The major AFL-CIO labor union on Tuesday said it was endorsing the U.S.-Mexico-Canada trade agreement after working with lawmakers and members of President Donald Trump's administration to make changes to the proposal first introduced in 2017.
Watches of Switzerland is considering buying more stores in the United States and predicted on Tuesday that luxury watch demand will hold up in the U.S. and Britain, where it has just bought four shops from Fraser Hart.
China Banking News | Dec 5, 2019 Beijing Launches Fintech Regulatory Sandbox with Central Bank Backing The Beijing municipal government has announced the launch of a new pilot scheme for fintech regulation. On 5 December the Beijing municipal financial regulator announced via its official website that Chinese capital was “taking the lead in launching fintech innovation
"The market is somewhat skeptical of where we're going," says UBS' Art Cashin, echoing comments made earlier Tuesday by CNBC's Jim Cramer.
Exxon Mobil is found not guilty in the case brought against the oil giant by New York's attorney general.
If you've been holding off on the required minimum distribution from your individual retirement account or 401(k) plan, you're getting more than coal in your stocking this year. In fact, you can expect a 50% tax from the IRS. What you should know.
CNBC | Kate Rooney | Dec 10, 2019 Key Points Investments by financial services firms into start-ups hit a new record in this year, according to a new report by CB Insights. Total corporate venture capital deals by banks and other financial services firms have surged 500% from 2014 through the third quarter of 2019. Citi