S&P 500, Nasdaq hit new records; Boeing lifts Dow
The S&P 500 and the Nasdaq hit fresh record highs on Monday as President Donald Trump said an initial U.S.-China trade pact would be signed “very shortly”, while Boeing shares lifted the Dow after the planemaker fired its chief executive officer.
China denies forced labor accusations after plea found in Christmas card
China dismissed accusations of forced labor at a Shanghai prison on Monday, a day after media reports that a message had been found in a Christmas card saying it had been packed by inmates.
Boeing fires CEO Muilenburg as 737 MAX crisis deepens
Boeing Co has fired Chief Executive Officer Dennis Muilenburg, following a year of intense scrutiny and industrial setbacks set off by twin fatal crashes of its 737 MAX jetliner.
Disruptive decade: Ten things the teen years brought world markets
The 21st century’s teen years, bookended by a financial crisis at the start and the fintech revolution at the end, were a decade of disruption. From negative borrowing costs to bitcoin, here are ten trends that have upended traditional economic and inv…
Oil steadies near $66 as Russia touts easing OPEC+ output
Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an OPEC-led pact may consider easing output cuts next year.
Bombardier’s new Global business jets get U.S. FAA certification
Bombardier Inc said on Monday its newest business jets, Global 5500 and 6500, received U.S. Federal Aviation Administration certification, clearing the way for the Canadian plane maker to start deliveries.
Roche dives deeper into gene therapy with $1.15 billion Sarepta licensing deal
Roche Holding AG made its second major gene therapy deal in a year on Monday, spending $1.15 billion to obtain the rights to Sarepta Therapeutics Inc’s investigational drug to treat duchenne muscular dystrophy (DMD) outside the United States.
Court rejects Ryanair’s bid to delay operations chief’s easyJet move
The Irish High Court on Monday rejected Ryanair’s attempt to prevent operations chief Peter Bellew from joining rival easyJet until 2021, saying a 12-month non-compete clause was unenforceable.
Oil prices steady as Russia touts easing OPEC+ output
Oil was little changed on Monday, holding near a three-month high on optimism over a nearing U.S.-China trade deal even as Russia said an OPEC-led pact may consider easing output cuts next year.
Global shares hover near record high as year draws to close
World stocks hovered near record highs and currency markets were little changed on Monday as trading dwindled before the Christmas holiday and investors looked with confidence toward the new year.