Oil markets dip storm Harvey fallout; Hurricane Irma heads into Caribbean
SINGAPORE (Reuters) – Oil prices slipped on Wednesday as crude demand remained subdued due to the refinery closures that followed after Hurricane Harvey hit the U.S. Gulf coast 10 days ago.
Asia stocks down and dollar on defensive, hit by risk aversion
TOKYO (Reuters) – Asian stocks on Wednesday tracked Wall Street’s slide overnight while the dollar was on the defensive with tensions in the Korean Peninsula showing few signs of abating.
SEC chief says cyber crime risks are substantial, systemic
NEW YORK (Reuters) – Regulators must do more to help mom-and-pop investors better understand the potential risks posed by cyber crime and new technologies used to commit fraud, U.S. Securities and Exchange Commission Chairman Jay Clayton said on Tuesda…
Oil markets dip on fallout from Hurricane Harvey; Irma also in focus
SINGAPORE (Reuters) – Oil prices slipped on Wednesday as crude demand remained subdued on the back of refinery closures following Hurricane Harvey which hit the U.S. Gulf coast 10 days ago.
Asia stocks down, dollar on defensive, gripped by risk aversion
TOKYO (Reuters) – Asian stocks tracked Wall Street’s slide overnight to slip on Wednesday while the dollar was on the defensive with tensions in the Korean Peninsula showing little signs of abating.
United Tech, Rockwell deal faces bumpy road to approval, especially in the EU
PARIS/NEW YORK/WASHINGTON (Reuters) – U.S. aerospace and industrial company United Technologies Corp faces a long road to win approval for its $23 billion plan to buy avionics maker Rockwell Collins Inc , and the biggest bumps could be in Brussels rat…
Hurricane Irma could test Florida’s private flood insurance market
(Reuters) – Hurricane Irma could test a nascent private flood insurance market in Florida that some advocates say is a model for making U.S. flood coverage more affordable and commonplace in high-risk areas.
HP Enterprise posts surprise revenue rise on networking demand
(Reuters) – Hewlett Packard Enterprise Co reported a surprise rise in quarterly revenue, largely helped by higher sales of its networking equipment, sending its shares up more than 4 percent in extended trading on Tuesday.
Trump says vital to reduce tax burden on people and companies
WASHINGTON (Reuters) – President Donald Trump on Tuesday urged leaders of the U.S. Congress to make a big push on tax reform with tax cuts on individuals and companies and tax breaks for businesses to bring back profits from overseas.
Fresh North Korea tensions hit Wall Street
(Reuters) – U.S. stocks sank on Tuesday, with the S&P 500 stumbling to its biggest single-day loss in about three weeks, as investors weighed fresh tensions with North Korea.
