Britain's markets watchdog is proposing banning the sale of derivatives based on crypto-assets to retail consumers from early 2020 due to what it considers the prevalence of market abuses.
Walmart Inc has discussed the potential sale of its unprofitable clothing brands Bonobos and Modcloth with buyers, online news portal Vox reported https://www.vox.com/recode/2019/7/3/18716431/walmart-jet-marc-lore-modcloth-amazon-ecommerce-losses-online-sales on Wednesday, citing sources familiar with the matter.
Deutsche Bank expects the cost of a major overhaul in the works to be up to 5 billion euros ($3.4-$5.6 billion), one person familiar with the matter said on Wednesday.
Oil prices rebounded slightly on Wednesday after a steep fall in the previous session as OPEC and its allies' decision to extend output cuts was not enough to counter investors' concerns about the slowing global economy.
Police are searching Renault's corporate headquarters in Boulogne-Billancourt, which a judicial source said was related to an ongoing investigation into ex-Renault boss Carlos Ghosn and his use of Versailles for his 2016 wedding party.
Action on world markets focused on bonds on Wednesday, with a fresh slide in benchmark debt yields on simmering global trade war and recession fears, central bank easing bets and ebbing oil prices.
Several technology companies, including HP Inc , Dell Technologies and Microsoft Corp , are planning to shift substantial production capacity out of China, Nikkei reported on Wednesday, citing sources.
Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut.
Oil prices were steady on Wednesday after a steep fall in the previous session, supported by extended output cuts by OPEC and its allies despite concerns that a slowing global economy could crimp demand.
Asian stocks advanced on Thursday, tracking solid gains on Wall Street as data pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve as soon as this month.
Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve.
Oil prices inched lower on Thursday after solid gains the day before, pressured by data showing a smaller-than-expected decline in U.S. crude stockpiles.
The U.S. government said on Wednesday it was reviewing license requests from U.S. companies seeking to export products to China's Huawei Technologies Co Ltd "under the highest national security scrutiny" since the company is still blacklisted.
Boeing Co on Wednesday said it would give $100 million to organizations to help families affected by the deadly crashes of the company's 737 MAX planes in Indonesia and Ethiopia.
"I have no idea why people are selling it," says CNBC's Jim Cramer, arguing the new CEO, who has yet to be named, will help lead the company in a new direction.