NEW YORK: Wall Street on Tuesday (Dec 31) closed out a banner year, with US stocks recording their best performance since 2013. In Tuesday's final moments, the major indices also squeaked into positive territory for the day following President Donald Trump's announcement of a date to sign a ...
United Parcel Service Inc on Thursday expects to ship 1.9 million gifts and other items back to U.S. retailers as e-commerce fuels an anticipated 26per cent year-over-year volume surge on "National Returns Day."
A federal judge rejected Tesla Inc's effort to dismiss claims by two former workers that the California electric car factory where they worked was a hotbed of racial hostility, clearing the way for a possible trial.
BEIRUT: Former Nissan chief Carlos Ghosn said on Tuesday (Dec 31) he had fled to Lebanon to escape injustice in Japan, where he was on bail awaiting trial on financial misconduct charges. The auto tycoon's abrupt departure was the latest twist in a rollercoaster journey that saw him fall from...
WASHINGTON: US consumers were a little less confident in December, as hopes for jobs and wages dimmed slightly, survey data showed on Tuesday (Dec 31). Overall, consumer confidence remained at solid levels, but the unexpected dip hit during the crucial holiday shopping period. Consumer spending is ...
LONDON: European stock markets ended 2019 with a quietly softer tone on Tuesday (Dec 31), but traders were still able to look back on a highly profitable year for equity investors. Key markets in Europe showed increases of 25 per cent or more over the year, partly thanks to late...
Turkish Airlines has agreed a compensation deal with planemaker Boeing Co over the grounding of the Boeing 737 MAX following two fatal crashes, the carrier said on Tuesday.
WASHINGTON: A partial new US-China trade agreement will be signed in the middle of next month, US President Donald Trump said on Tuesday (Dec 31), announcing that he will also then travel to China for continued talks. "I will be signing our very large and comprehensive Phase One Trade...
Alphabet , the parent company of Google, will no longer use the intellectual property licensing scheme commonly known as the "Double Irish, Dutch sandwich", according to 2018 tax filings with the Irish and Dutch governments seen by Reuters.
U.S. stock index futures dipped on Tuesday after retreating from record highs in the previous session, as a Wall Street rally, fueled by optimism around U.S.-China trade progress, fizzled out in the final days of the decade.
