Wall Street futures gain on upbeat mid-term readout
U.S. stock futures pointed to strong opening gains on Wall Street on Wednesday after mid-term elections handed the House of Representatives to the Democrats but saw Republicans reinforce their control of the Senate.
Goldman Sachs CEO: I feel horrible ex-bankers broke law in 1MDB case
Goldman Sachs Chief Executive David Solomon said on Wednesday he felt “horrible” that two former employees “blatantly broke the law” in their dealings with Malaysian state fund 1Malaysia Development Berhad.
Ahold Delhaize CEO says robots to speed up U.S. deliveries
Ahold Delhaize’s chief executive on Wednesday confirmed the Dutch retailer will partner with start-up Takeoff to build small, automated warehouses to speed order picking and cut delivery times from its U.S. stores.
Firepower for U.S. stocks may lose spark as Democrats gain clout
The U.S. stock market may be facing the remainder of Donald Trump’s presidential term with the prospect of less juice to supercharge it.
Goldman Sachs ex-bankers “broke the law” in Malaysia’s 1MDB case: chief executive
Goldman Sachs Chief Executive David Solomon said on Wednesday it was “very distressing” that two former employees “blatantly broke the law” in their dealings with Malaysian state fund 1MDB.
Adidas hikes 2018 profit outlook on top-end shoe success
Adidas raised its 2018 profit forecast on Wednesday after selling more of its top-end sports shoes, although the German sportswear and fashion firm cut its revenue target due to a fall in sales in western Europe.
Telecom network maker Nokia wins $2.3 billion frame deals in China
Finnish mobile telecom network maker Nokia announced on Wednesday that it had signed frame deals with China Mobile, China Telecom and China Unicom worth more than 2 billion euros ($2.3 billion).
BMW third-quarter hit by upfront expenditure for electric car development
German carmaker BMW on Wednesday reported a 27 percent drop in third-quarter operating profit to 1.75 billion euros ($2 billion), missing analyst expectations amid currency headwinds and higher research and development expenses.
Stocks lose momentum, dollar softens after Democrats win U.S. House
Wall Street stock futures and Asian shares lost steam on Wednesday after Democrats won control of the U.S. House of Representatives, boosting the party’s ability to block President Donald Trump’s political and economic agenda.
Wall Street futures up a tad after Democrats win U.S. House
U.S. stock futures pointed to a modestly higher opening on Wall Street on Wednesday after Democrats won control of the House of Representatives in U.S. mid-term congressional elections.
