Tag: businessNews
Australia central bank holds rates at 1.5 percent
Australia's central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signalled a steady outlook...
Relief rally boosts Wall Street on U.S.-China trade truce
Wall Street's major indexes rallied on Monday following a truce between the United States and China in their trade dispute, which has clouded the...
Amazon.com briefly becomes Wall Street's most valuable company
Amazon.com briefly became the most valuable company on Wall Street in intraday trade on Monday, days after Microsoft Corp dethroned long-time leader Apple.
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GSK to buy cancer drugmaker Tesaro for $5.1 billion
GlaxoSmithKline has agreed to buy U.S. cancer drug specialist Tesaro for $5.1 billion, marking a major biotech investment by the drugmaker as its seeks...
Gold scales over three-week peak as dollar slips
Gold prices hit a more than three-week high on Monday on a weaker dollar, as a trade ceasefire between the United States and China...
Chinese media cautiously welcomes U.S. trade truce
The trade war truce agreed by China and the United States at the weekend could help them resolve their differences amicably, but lasting improvements...
Nexstar clinches $4.1 bln deal to acquire Tribune Media -sources
Nexstar Media Group Inc has reached an agreement to acquire Tribune Media Co for about $4.1 billion, a deal which would make...
U.S., China agree trade war ceasefire after Trump, Xi summit
China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between U.S. President...
Four Libyan oil export ports reopen after closures for bad weather
Four Libyan oil export ports that were closed last week because of bad weather have reopened, a Libyan shipping source and port engineers said...
Trump to notify Congress in 'near future' he will terminate NAFTA
U.S. President Donald Trump said on Saturday he will give formal notice to the U.S. Congress in the near future to terminate the North...