S&P 500 posts high, extends 2019 rally; Alphabet falls late
NEW YORK (Reuters) – The S&P 500 set an intraday record high on Monday, bolstering the view that the decade-long bull market has further to run, after consumer spending rose…
Google parent struggles with mobile clicks, YouTube changes, shares down 7%
(Reuters) – Alphabet Inc’s Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter as the leading internet ad company faced increased competition…
The obscure advisory committees at the heart of the U.S. drug pricing debate
CHICAGO (Reuters) – Expectations were high last year for three new migraine drugs hitting the market from Amgen Inc, Eli Lilly and Co and Teva Pharmaceutical Industries. Amgen’s migraine treatment,…
Boeing CEO faces shareholders for first time since 737 MAX crashes
CHICAGO (Reuters) – Boeing Co Chief Executive Dennis Muilenburg will face shareholders on Monday for the first time since two fatal crashes that led to the 737 MAX’s grounding worldwide…
DBS first-quarter profit rises 8.5 percent on higher net interest income
FILE PHOTO: A DBS bank signage is pictured in Singapore September 5, 2017. REUTERS/Edgar Su/File Photo SINGAPORE (Reuters) – DBS Group Holdings Ltd, Southeast Asia’s biggest lender, reported an 8.5…
China’s Xi touts more than $64 billion in Belt and Road deals
BEIJING (Reuters) – President Xi Jinping on Saturday hailed deals worth more than $64 billion signed during China’s Belt and Road Initiative (BRI) this week as he sought to reassure…
SAS grounds more flights as pilot strike continues
STOCKHOLM/OSLO (Reuters) – Scandinavian airline SAS canceled hundreds of flights scheduled for Sunday as a pilot strike entered its second day, disrupting the travel plans of tens of thousands of…
Renault to propose joint holding company with Nissan: source
TOKYO (Reuters) – Renault will propose a plan to create a joint holding company that would give the French carmaker and Japanese partner Nissan equal footing, a person with knowledge…
Europe wants to sign Belt and Road MOU as a group: German minister
BEIJING (Reuters) – Major European Union countries want to sign a memorandum of understanding on China’s Belt and Road initiative as a group and not as individual states, German Economy…
Amazon aims to bring one-day delivery to Prime members around the globe
(Reuters) – Amazon.com Inc plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that might…