Futures higher on Cyber Monday optimism, oil gains
U.S. stock index futures rose on Monday, bouncing back from a steep sell-off in the previous session, buoyed by easing oil prices and hopes of a robust sales in the holiday season.
Airbus to resume deliveries to HNA Group after payments row
Airbus is poised to resume stalled deliveries of jets to China’s debt-laden HNA Group, an Airbus schedule showed on Monday, but deliveries of over $1 billion of large jets remain behind schedule after months of wrangling over late payments.
Oil limps higher after rout, investors remain glum
Oil prices rose on Monday, scraping back some of the losses after the previous session’s near-7 percent fall, although a darkening demand outlook and uncertainty over global economic growth limited gains.
Cyber Monday to test limits of retailers’ websites as shoppers scour deals
U.S. shoppers who missed out on deals this past Black Friday are expected to flock to online sites Cyber Monday, testing the limits for some retailers that have been investing heavily on their e-commerce operations to stay relevant in a brutal space.
Supreme Court weighs antitrust dispute over Apple App Store
U.S. Supreme Court justices on Monday will take up Apple Inc’s effort to bury a lawsuit seeking damages from the company for allegedly monopolizing the market for iPhone software applications and forcing consumers to overpay.
U.S. Supreme Court weighs antitrust dispute over Apple App Store
U.S. Supreme Court justices on Monday will take up Apple Inc’s effort to bury a lawsuit seeking damages from the company for allegedly monopolizing the market for iPhone software applications and forcing consumers to overpay.
Mitsubishi Motors ousts Ghosn as chairman, days after Nissan firing
Mitsubishi Motors Corp said on Monday its board removed Carlos Ghosn from his role as chairman, following his arrest and ouster from alliance partner Nissan Motor Co last week for alleged financial misconduct.
Factbox: Financial wrongdoing allegations against Carlos Ghosn
Carlos Ghosn, the ousted chairman of Japan’s Nissan Motor Co, is being held in Tokyo’s main detention center after allegations against him of financial misconduct. Japanese authorities will have to file charges by Dec. 12 or let him go.
Aramco eyes bigger market share in Asia ahead of possible OPEC cut: CEO
Saudi Aramco will expand its market share in Asia despite likely OPEC limits on output next year, and is eyeing deals in China and Africa as it aims to become a global leader in chemicals, the head of the world’s top oil producer said on Monday.
Europe rallies on Italy hopes, oil bounces after ‘black’ Friday
Europe’s markets rallied on Monday on signs that Italy was preparing to rework the spending plans that have fueled tensions with the European Union, while Wall Street futures were looking for post-Black Friday pick-me-up.
