Oil prices rebound on lower output from U.S., Russia, OPEC
Oil prices rebounded in early Asian trade on Tuesday after production at the world’s largest oil producers fell in the third quarter, although demand concerns continued to keep a keep a lid on prices.
Global shares steady, investors pin hopes on U.S.-China talks
Global share prices ticked up on Tuesday as some investors clung to hopes that China and the United States could work towards reaching a deal on trade and other issues in the fourth quarter.
Lawyers for Huawei CFO detail record requests to prove her rights were violated
Lawyers for Huawei Chief Financial Officer Meng Wanzhou detailed a list of emails, notes and other records they are seeking to prove that her rights were violated before her December arrest at Vancouver’s airport, according to a court document released…
Sprint, MetTel win $994 million U.S. defense contract: Pentagon
Sprint Corp and MetTel have been awarded a $994 million U.S. defense contract for wireless services and devices, the Pentagon said on Monday.
Lockheed martin wins $495 million U.S. defense contract: Pentagon
Lockheed Martin Corp has been awarded a $495 million modification to a contract for Trident II (D5) missile production and deployed systems support, the Pentagon said on Monday.
United Technologies wins $2.2 billion U.S. defense contract: Pentagon
Pratt & Whitney, a unit of United Technologies Corp , has been awarded a $2.2 billion U.S. defense contract for production of F135 propulsion systems, the Pentagon said on Monday.
Third quarter could mark turning point in U.S. profit cycle
As investors prepare for U.S. corporations to report financial results next month, they could look past recent sluggish growth and find comfort as earnings look set to rebound after the third quarter.
U.S. judge rules for Bombardier, dismisses Comerica aircraft payments lawsuit
A U.S. judge on Monday dismissed a lawsuit in which Comerica Inc sought millions of dollars from Bombardier Inc after the Canadian aircraft maker could not find buyers for four planes whose leases had expired.
Apple and Microsoft push Wall Street higher as trade worries abate
U.S. stocks climbed on Monday, helped by gains in Apple, Microsoft and Merck & Co, as investors set aside worries about the U.S.-China trade war.
Egypt operator owed $7.7 million by Thomas Cook: chairman
Thomas Cook has dues of 125 million Egyptian pounds ($7.7 million) to local operator Blue Sky Group, Blue Sky’s chairman Hossam El-Shaer said on Monday.