Facebook’s rebound helps Wall Street cut losses
(Reuters) – A Facebook-led rebound in technology stocks in early afternoon on Wednesday helped Wall Street pare losses that were sparked by concerns about a U.S.-Russia conflict over Syria.
Toys ‘R’ Us gets $1 billion bids for 85 percent of Asian business: lawyer
(Reuters) – Retailer Toys ‘R’ Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business as the bankrupt company moves ahead with plans to sell some non-U.S. operations, its lawyer Joshua Sussberg said on Wednes…
IPO of Volkswagen truck unit planned for first quarter 2019: sources
MUNICH (Reuters) – Volkswagen is aiming to list its trucks and buses division in the first quarter of next year, two people with knowledge of the matter said on Wednesday.
Wall Street slips on rising U.S.-Russia tensions over Syria
(Reuters) – Wall Street edged lower on Wednesday as brewing tensions between the United States and Russia over a possible military action against Syria turned investors risk averse.
Facebook CEO says his own data was shared by Cambridge Analytica
WASHINGTON/SAN FRANCISCO (Reuters) – Mark Zuckerberg on Wednesday told lawmakers he was among the 87 million Facebook Inc users whose data was improperly shared with a political consultancy, but rejected suggestions that users do not have enough contro…
U.S. crude hits highest since 2014 on missile concerns
NEW YORK (Reuters) – Oil hit its highest in more than three years on Wednesday after Saudi Arabia said it intercepted missiles over Riyadh and international tensions about Syria grew.
Hedge fund Paulson & Co takes stake in Viacom amid turnaround
(Reuters) – Paulson & Co, the hedge fund firm led by billionaire investor John Paulson, has taken a stake in Viacom Inc as the U.S. media company has started to turn around its business amid a challenging landscape, Paulson told Reuters in an interview.
Uber to add more transportation options in its app
(Reuters) – Uber Technologies Inc [UBER.UL] said on Wednesday it is planning to offer more modes of transportation for riders through its app, giving people more ways to get around in cities.
Bayer to sell digital farming business to clear way for Monsanto deal
FRANKFURT (Reuters) – Germany’s Bayer plans to sell its digital farming business to BASF as part of changes to concessions it has offered to win over antitrust regulators for its proposed takeover of Monsanto .
Financials lead Wall St. lower amid rising U.S.-Russia tensions
(Reuters) – Wall Street fell on Wednesday, led by losses in financial stocks, on brewing tensions between the United States and Russia over a possible U.S. military action against Syria.
