Markets

OPEC expects lower demand for its crude oil in 2020 even as global demand rises, it said on Wednesday, as rival producers grab market share and the United States looks set for another output record.

Apple Inc and other technology companies must cooperate with U.S. investigators, Treasury Secretary Steven Mnuchin said on Wednesday, a day after President Donald Trump lashed out at Apple for refusing to unlock phones in criminal investigations.

REUTERS: U.S. stock index futures were marginally lower on Wednesday ahead of the release of details of an initial U.S.-China trade deal, with investors also digesting the second round of bank earnings after a strong set of reports on Tuesday. Wall Street eased from all-time highs on Tuesday after...

Target Corp on Wednesday reported comparable sales growth of just 1.4per cent for the 2019 holiday season on the back of weak demand for electronics, toys and home products, sending shares in the retailer 8per cent lower.

Bank of America Corp beat analysts' estimates for quarterly profit on Wednesday, as the second-biggest U.S. lender's bond trading division posted a strong showing, eclipsing declines at its three other major businesses.

U.S. regional bank PNC Financial Services Group Inc posted a 2.2per cent rise in fourth-quarter profit on Wednesday, helped by growth in its loan portfolio.

Spotify has made playlists and a podcast for dogs to listen to in their owners' absence, after finding that nearly 74per cent of UK pet-owners play music for their animals.

The talk's all been about Saudi Aramco, and the suspense of its historic drive to whip up international cash. But, more quietly, its Gulf oil peer ADNOC has also been courting foreign funds - and its efforts compare favorably.

LONDON: Fast fashion retailer QUIZ Plc said its online sales fell almost 15per cent over Christmas, making it one of the worst performers in the British retail sector and sending its shares down as much as 10per cent. The 27-year-old company, which trades online, in stores, through concessions and...

UnitedHealth Group Inc reported a better-than-expected quarterly profit on Wednesday, as the largest U.S. health insurer benefited from higher revenue from its Optum unit, which includes its pharmacy benefits management business.