APPLE’S RIDE TO $1 TRILLION: THE MAGIC NUMBER THAT GETS IT THERE
Apple Inc updated its latest share count, putting the magic stock price at $207.04 that would make the iPhone maker the first…
Read More Browsing: Markets
OIL FALLS 2 PERCENT ON RISING SUPPLY, CONCERN ABOUT TRADE TENSIONS
Oil prices fell about 2 percent as a surprise increase in U.S. crude stockpiles fed concerns about global oversupply, while investors worried…
Read More 
U.S. EASES EXPORT CONTROLS FOR HIGH-TECH SALES TO INDIA: ROSS
The United States has eased export controls for high technology product sales to India, granting it the same access as NATO allies,…
Read More 
AMPLIFON SHARES HIT RECORD ON $617 MILLION GAES GROUP DEAL
Italian hearing aid maker Amplifon SpA has agreed to buy privately owned Gaes Group for 528 million euros ($616.6 million) in cash, in…
Read More 
TRUMP THREATENS TARIFFS ON ALL $500 BILLION OF CHINESE IMPORTS
U.S. President Donald Trump said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to…
Read More 
TAIWAN’S FOXCONN POSTS 24 PERCENT RISE IN JUNE SALES; SETS SECOND-QUARTER RECORD
Taiwan’s Foxconn, the world’s largest contract electronics manufacturer, said sales rose 24 percent in June, helping the Apple Inc supplier post its best-ever…
Read More 
DO NOT BLAME OPEC, OIL PRODUCER GROUP SAYS OF TRUMP CRITICISM
The president of OPEC defended the oil producer group against U.S. President Donald Trump’s recent demands for higher oil output, saying OPEC…
Read More 
RUSSIA HIKES DUTIES ON U.S. IMPORTS, PLEDGES MORE RETALIATION
Russia said it was imposing additional import duties on some U.S. industrial goods after the United States slapped tariffs on steel and…
Read More 
LG ELECTRONICS SAYS SECOND-QUARTER PROFIT LIKELY UP 16.1 PERCENT, MISSES ANALYST ESTIMATES
South Korea’s LG Electronics Inc said operating profit likely rose 16.1 percent in April-June, albeit weighed down by higher marketing expenses for…
Read More 
TRUMP UPS PRESSURE ON OPEC TO BOOST SUPPLY AS OIL HOLDS GAINS
Oil held near three-year highs on U.S. Independence Day as tight supplies at home and abroad overshadow a Saudi pledge to boost…
Read More