NEW YORK (Reuters) – The U.S. dollar gained on Monday as optimism ebbed over a potential U.S.-China trade deal that President Donald Trump outlined last week, while a gauge of global equity markets was little changed as investors sought details about an agreement. Gold gained and oil prices fell more than 3% at one point […]

NEW YORK (Reuters) – The U.S. dollar gained on Monday as initial optimism ebbed over a potential U.S.-China trade deal that President Donald Trump outlined last week, but a gauge of global equity markets was little changed as investors sought details. Oil prices fell more than 3% as scant details about the first phase of […]

Wall Street’s eternally optimistic forecasters are expecting corporate profit growth to surge by the middle of next year — views that are about to collide with reality as hundreds of companies report financial results and update investors on their prospects. American companies go through this ritual every three months: sharing financial statements and holding conference […]

GENEVA (Reuters) – The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator’s decision over subsidies to planemaker Airbus (AIR.PA). The WTO’s dispute settlement body, made up of representatives from its 164 members, cleared Washington to take […]

A mum has spent two decades amassing a stunning collection of 250 ultra-rare and limited edition snacks – including an original Marathon bar from 37 years ago. Ali Smith's impressive selection of goodies includes crisps with weird flavours, discontinued chocolate bars, biscuits, baked beans and even tomato sauce. Her most prized possession is a Marathon […]

SINGAPORE – HSBC Singapore on Friday (Oct 11) announced the appointment of David Koh as head of global liquidity and cash management (GLCM), effective from Oct 14. Mr Koh will lead the GLCM business in Singapore and work with clients as they deepen their presence in South-east Asia, leveraging on the Republic’s status as a […]

SAO PAULO (Reuters) – Brazilian planemaker Embraer SA (EMBR3.SA) will furlough almost 15,000 workers in January, a metalworkers union said on Thursday, ahead of a partial takeover by Boeing Co (BA.N) as part of a deal that still needs regulatory approval. Boeing has agreed to buy 80% of Embraer’s commercial plane division for $4.75 billion, […]

MILAN/ROME (Reuters) – London Stock Exchange (LSE.L) is mulling an overhaul of its Italian business MTS ahead of a potential merger with data provider Refinitiv, two Italian sources with knowledge of the situation said on Thursday. The changes under consideration include shutting down a bond trading platform called BondVision, and moving the management functions of […]

(Reuters) – Fidelity Investments on Thursday eliminated commissions on online trades of U.S. stocks, exchange traded funds (ETFs) and options, becoming the latest brokerage to cut trading fees to compete with new entrants in the market. Last week, rivals Charles Schwab Corp (SCHW.N), TD Ameritrade (AMTD.O) and E*Trade Financial (ETFC.O) also stopped charging commissions on […]

Employees should not be obliged to respond to work calls or emails, or engage in any work-related activity outside of contracted hours, the Financial Services Union (FSU) has said. A report from the trade union, the ‘Impact of Technology on Employees’, found that only 7.4pc of those working in the financial services industry felt their […]