Futures subdued after turbulent session, eyes on inflation data
U.S. stock index futures were subdued on Friday, with investors cautious ahead of the producer prices inflation data
2023-08-11 17:55
Alphabet’s $118 Billion Cash Pile Poses a New Problem
Alphabet Inc. is facing a new and, by most accounts, welcome problem — how to spend its rapidly
2023-08-11 17:54
UPS Pay Hikes for Package Handlers Raise Pressure on FedEx
The raises won by United Parcel Service Inc. package handlers are going to put FedEx Corp. in a
2023-08-11 17:52
Russia’s War Economy Is on Course to Recover From Sanctions Hit
Russia’s economy may return to its pre-war level as soon as next year as it adapts to the
2023-08-11 17:50
Coach Beat Michael Kors in the Handbag Wars. Now It Has to Fix It
Tapestry Inc., with Coach, and Capri Holdings Ltd., with Michael Kors, have been battling for nearly a decade
2023-08-11 17:47
Biden Bets Billions on Tech That Sucks Carbon Out of the Air
The Biden administration is throwing its weight behind technology that sucks planet-warming carbon dioxide out of the air,
2023-08-11 17:22
Train Derails in Swiss Gotthard Tunnel, Halting Key Freight Route
A freight train derailed in the Gotthard tunnel in Switzerland, blocking passage through a key route linking Northern
2023-08-11 16:51
Russian Oil Revenue at Eight-Month High as Price Cap Breached
Russia’s oil-export revenue rose last month to the highest since November, as the country’s crude exceeded a price
2023-08-11 16:22
Huawei’s Sales Grow Again as New Arenas Mitigate Sanctions Hit
Huawei Technologies Co. grew sales for a third straight quarter, after new businesses like cloud services and a
2023-08-11 16:17
Eskom Latest: Utility ‘Confident’ Nuclear Unit Fixed by November
South Africa’s Eskom Holdings SOC Ltd. expects to finish maintenance on the first of two units at its
2023-08-11 16:15
Turkey Posts First Current-Account Surplus in Almost Two Years
Turkey’s current account moved into surplus for the first time in nearly two years, as a boom in
2023-08-11 15:46
Italy to Get up to 20% of Telecom Italia Network in KKR Deal
KKR & Co. signed a memorandum of understanding with Italy to include the government in its €23 billion
2023-08-11 15:20