Firepower for U.S. stocks may lose spark as Democrats gain clout
The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice to supercharge...
Read MoreAuthor: Reuters
Goldman Sachs ex-bankers “broke the law” in Malaysia’s 1MDB case: chief executive
Posted by Reuters | Nov 7, 2018 | World News |
Goldman Sachs Chief Executive David Solomon said on Wednesday it was “very distressing” that two former employees “blatantly broke the law” in their dealings with Malaysian state fund...
Read MoreAdidas hikes 2018 profit outlook on top-end shoe success
Posted by Reuters | Nov 7, 2018 | World News |
Adidas raised its 2018 profit forecast on Wednesday after selling more of its top-end sports shoes, although the German sportswear and fashion firm cut its revenue target due to a fall in sales in western...
Read MoreTelecom network maker Nokia wins $2.3 billion frame deals in China
Posted by Reuters | Nov 7, 2018 | World News |
Finnish mobile telecom network maker Nokia announced on Wednesday that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than 2 billion euros ($2.3...
Read MoreBMW third-quarter hit by upfront expenditure for electric car development
Posted by Reuters | Nov 7, 2018 | World News |
German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2.00 billion), missing analyst expectations amid currency headwinds and higher research and development...
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