U.S. producer prices rebound, wholesale inventories rise
U.S. producer prices increased 0.2 percent in September, in line with expectations, while a revision to wholesale inventory estimates for August showed the biggest jump in nearly five years, beating forecasts.
France’s Monoprix says grocery alliance with Amazon Prime tops expectations
Casino’s upmarket Monoprix supermarket chain said the start of its partnership with Amazon Prime’s delivery service for Paris had been better than expected – an alliance that could prove crucial for debt-ridden Casino’s fortunes.
U.S. wholesale inventories rise slightly more than initially estimated
U.S. wholesale inventories rose slightly more than initially thought in August.
World’s top traders divided on oil outlook as Iran sanctions loom
The world’s biggest trading houses said on Wednesday they saw oil prices not falling below $65 per barrel and possibly breaking above $100 next year as U.S. sanctions on Iran reduce crude exports from the Islamic republic.
GM appoints former CIA official Jami Miscik to its board
General Motors Co named former Central Intelligence Agency official Jami Miscik to its board, the No.1 U.S. automaker said on Wednesday.
U.S. producer prices rebound in September
U.S. producer prices increased 0.2 percent in September, reversing an unexpected decline in August and in line with expectations.
Russia says Denmark has not asked for help in Danske case
Danish and Estonian financial crime agencies have not asked Russia to help investigate a massive money laundering scandal at Danske Bank involving Russian and other account holders, Russia’s financial monitoring service told Reuters on Wednesday.
Sears shares dive 30 percent after report says co preparing for bankruptcy
Sears Holdings Corp shares lost nearly a third of their value in early trading on Wednesday, after a report said that the beleaguered retailer had hired advisers to prepare for a bankruptcy filing ahead of a debt payment deadline.
Cryptocurrency theft hits nearly $1 billion in first nine months: report
Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from U.S.-based cyber security firm Ciphe…
Tougher U.S. investment rules to get soft opening next month: official
As of November 10, investors in 27 industries will come under tougher scrutiny as an inter-agency panel led by the U.S. Treasury Department begins tightening foreign investment rules as part of a pilot program, according to a senior treasury official.
