Author: Reuters

Verizon Communications Inc will take a charge of $1.8 billion to $2.1 billion in the current quarter, with nearly half of the layoffs announced on Monday set to come into effect in December, the U.S. wireless carrier...

Automakers’ shares rose on Tuesday following a report that China could move to cut tariffs on American-made cars, a step which was forecast by U.S. President Donald Trump after a meeting with China’s president in...

U.S. stock futures rose about 1 percent on Tuesday, as signs of progress in trade talks between the United States and China eased jitters over the fragile relations between the two economic giants that have roiled the markets...

WM Morrisons shares jumped on Tuesday as traders cited market rumors that the UK supermarket chain could be subject to a takeover approach by U.S. online retail giant Amazon.com Inc...

Stocks rose tentatively on Tuesday as investors picked through the rubble of conflagrations in some of the world’s top economies amid heightened uncertainty over Brexit, a China-U.S. trade war and French...