Oil, gold to gain on Syria strikes; Russian retaliation in focus
LONDON (Reuters) – Gold and oil will extend their gains on Monday, albeit modestly, when markets open for the first time since Western powers launched a missile attack on Syria,…
Ad king Sorrell's abdication leaves WPP at crossroads
LONDON (Reuters) – Martin Sorrell’s sudden exit from WPP marks a shocking end to the career of a chief executive who through sheer force of personality made it the world’s…
Wall Street eyes earnings stabilizer after FAANG stocks wobble
(Reuters) – Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight…
Martin Sorrell quits as head of world’s biggest ad group WPP
LONDON (Reuters) – Martin Sorrell, who built WPP into the world’s biggest advertising agency through 33 years of dealmaking, quit on Saturday after an allegation of personal misconduct. FILE PHOTO:…
Martin Sorrell quits as head of WPP advertising agency
LONDON (Reuters) – Martin Sorrell quit as the head of WPP on Saturday, leaving the world’s biggest advertising agency 33 years after he founded it due to an investigation into…
Trump says U.S. will only rejoin Pacific trade pact if terms are improved
WASHINGTON/TOKYO (Reuters) – U.S. President Donald Trump said the United States would only join the Trans Pacific Partnership, a multinational trade deal his administration walked away from last year, if…
Spotify puts bank IPO paydays under fund manager scrutiny
LONDON (Reuters) – After shaking up the music industry, Spotify (SPOT.N) is now prompting investors to question the value they get from investment banks underwriting new listings with its low-cost…
Volkswagen rushed revamp triggers labor concern: sources
BERLIN/MUNICH (Reuters) – Labor representatives at Volkswagen (VOWG_p.DE) are concerned by a sudden rush by the German carmaker’s board to approve sweeping changes on Thursday, sources said, while Handelsblatt reported…
Pentagon confirms delivery suspension of Lockheed F-35 jets
WASHINGTON (Reuters) – The U.S. Department of Defense has stopped accepting deliveries of F-35 jets from Lockheed Martin Corp (LMT.N) because of a contractual dispute over fixing a production error,…
Wall Street jumps on earnings optimism, Syria worries ebb
(Reuters) – Wall Street stocks bounced higher on Thursday as expectations that lower U.S. taxes would fuel corporate earnings added to easing of nerves over U.S. military conflict with Russia…