BEIJING (Reuters) - Factory activity in China expanded for a second straight month in April but at a much slower pace, an official survey showed on Tuesday, suggesting the economy is still struggling to gain traction despite a flurry of support measures.
Sign up for Next China, a weekly email on where the nation stands now and where it's going next. Asian stocks declined in early trading Tuesday ahead of key China data that will provide clues on global economic growth. U.S. stocks rose above record highs ...
Boeing has secured a $1.5 billion line of additional credit, a sign the plane maker is taking more caution with finances as sales of the 737 Max remain on hold. The credit facility is being arranged by banks including Citibank, JPMorgan Chase, Merrill Lynch ...
At the Open Infrastructure Summit, which was previously known as the OpenStack Summit, Canonical founder Mark Shuttleworth used his keynote to talk about the state of open-source foundations — and what often feels like the increasing competition ...
NEW YORK — Anadarko, which had snubbed Occidental's buyout offer in favor of Chevron, is now resurrecting talks with its original suitor. The move sets up a bidding war for Anadarko Petroleum Corp., which had accepted Chevron's $33 billion bid even ...
Gold edged up on Tuesday as Asian shares fell ahead of the release of a raft of economic data and the U.S. Federal Reserve's two-day meeting which will decide the trajectory of interest rates. Spot gold was up 0.2 percent at $1,281.95 per ounce at 0123 ...
Elon Musk, the playful Tesla and SpaceX chief executive who has set the world of bitcoin and cryptocurrency on fire in the past, has again caused a stir by tweeting about cryptocurrencies—this time it's the turn of decentralized app network ethereum.
Record-breaking US shale production, new pipeline capacity and greater Big Oil participation in shale will offset any Opec production quota changes and will keep downward pressure on oil prices. Record-breaking oil production worldwide is more than ...
The Federal Reserve's preferred inflation gauge showed no change in March and remained well below the central bank's target, a government report Monday showed. At the same time, consumer spending surged amid a jump in expenditures on motor ...
SAN FRANCISCO (AP) - The Latest on PG&E's bankruptcy proceedings (all times local):. 5:10 p.m.. California regulators are recommending adoption of Pacific Gas & Electric's safety plan aimed at reducing wildfires in the state. Staff members with the ...
JB Hi-Fi chief executive Richard Murray has reaffirmed full year sales and profit guidance after sales momentum improved at The Good Guys and in New Zealand in the March quarter. Speaking at the Macquarie Australia conference on Tuesday, Mr Murray ...
Russia's state-owned energy group Gazprom doubled net profit to a record high last year as it exported more gas than ever to Europe and Turkey. The jump in profit to Rbs1.46tn ($22.6bn) in 2018 was thanks to gas sales rising by more than a quarter on the ...
Washington | Wynn Resorts has won endorsement from two proxy advisory firms for proposed board changes as the gambling giant burnishes its battered corporate reputation ahead of a heavily anticipated regulatory decision. News of the backing comes ...
It's got to be hard to get that "local feel" when you're staying at one of the biggest tourist destinations in New York City. — Isaac Carey. Share. Tweet. Share. Post. Send. Two months after acquiring HotelTonight, Airbnb is pushing further into the hotel space ...
Perth, Australia could be the next major world hub, mirroring other connecting airports like Dubai and Singapore. With new direct routes to Europe (such as the Qantas route to London), Perth is quickly becoming a preferred option for travel between Australia ...
WEST CHESTER, Ohio (AP) _ AK Steel Holding Corp. (AKS) on Monday reported a first-quarter loss of $4.5 million, after reporting a profit in the same period a year earlier. The West Chester, Ohio-based company said it had a loss of 1 cent per share.
Texas would become the 25th state in the U.S. to remove the threat of being jailed as a punishment for possessing small amounts of marijuana under a bill approved by the state House of Representatives on Monday. The legislation, which would punish ...
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