Cathay Pacific makes good on first-class ticket blunder
Cathay Pacific Airways said it would guarantee thousands of first and business-class flights sold at huge discounts after a ticketing error, calling the mistake a surprise special on New Years Day.
Oil prices fall amid currency and share market turmoil, crude supply surge
Oil prices fell on Thursday amid volatile currency and stock markets, and as analysts warned of an economic slowdown for 2019 just as crude supply is rising globally.
Wall Street ekes out gain, Apple cuts revenue forecast after the bell
Wall Street edged higher on Wednesday after stumbling out of the starting gate on the first trading day of 2019, while fears of a global economic slowdown were exacerbated after Apple cut its holiday-quarter revenue forecast.
Latin America stockpicker at BlackRock is leaving company
A top BlackRock Inc investor focused on Latin American stocks is leaving the company, the world’s largest asset manager said on Wednesday.
Shares skid as Apple warning stokes growth fears, ‘flash crash’ sweeps currencies
Shares in Asia fell on Thursday and U.S. stock futures dropped sharply after Apple Inc cut its revenue forecast due in part to weaker sales in China, adding to concerns about the slowing global economy.
Apple’s warning a bad omen for Wall Street bulls
Apple’s warning on Wednesday about weak iPhone demand in the holiday quarter is a gloomy omen for Wall Street bulls hoping for an early gift in 2019 following December’s steep selloff.
Apple cuts forecast, citing weak China sales amid trade tensions
Apple Inc on Wednesday took the rare step of cutting its quarterly sales forecast, with Chief Executive Tim Cook blaming slowing iPhone sales in China, whose economy has been dragged down by uncertainty around U.S.-China trade relations.
U.S. fund investors yank most cash from stocks since February: ICI
U.S. fund investors anguished over economic growth and policies pulled the most cash from stocks in any weekly period since last February, Investment Company Institute data showed on Wednesday.
S&P 500 futures fall sharply after Apple cuts guidance
S&P 500 futures fell 1.5 percent as trading resumed late on Wednesday after Apple cut its forecast for the holiday quarter.
Wall Street ekes out gains, Apple cuts revenue forecast after the bell
Wall Street edged nominally higher on Wednesday after stumbling out of the starting gate on the first trading day of the new year, as fears of a global economic slowdown were exacerbated after Apple Inc cut its current quarter revenue forecast.
