Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not to mention a number of trade pacts.Politicsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
In his new memoir, "The Ride of a Lifetime," Iger explains why he decided against the deal to buy Twitter.Technologyread more
In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy.Marketsread more
Gluskin Sheff's David Rosenberg reinforces his recession forecast following the Federal Reserve's September meeting.Futures Nowread more
"This would be the most profound violation of the presidential oath of office certainly during this presidency," House Intelligence Chair Adam Schiff said.Politicsread more
A 58% majority of registered voters express unease about voting for Trump, but slightly more say the same about Joe Biden and Bernie Sanders, while Elizabeth Warren fares only...Politicsread more
The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
* German finance minister Scholz hints at big fiscal push
* China factory-gate prices fall sharply in August
* Markets leery before ECB meeting (Updates with open of U.S. markets, changes dateline; previous LONDON)
NEW YORK, Sept 10 (Reuters) - A gauge of world stock markets was lower for the first time in five sessions and bond yields rose on Tuesday, amid uncertainty over the amount of stimulus the European Central Bank will add to prop up a sagging economy this week on fresh signs of slowing global growth.
Germany's 30-year benchmark bond yield briefly broke into positive territory for the first time since Aug. 5, while U.S. Treasury yields climbed to three-week highs.
Benchmark U.S. 10-year notes last fell 13/32 in price to yield 1.6661%, from 1.622% late on Monday.
The bond moves come as market participants look towards Thursday's ECB meeting, which is widely expected to deliver a cut to interest rates and point to further bond-buying stimulus.
However, concern has been mounting that ECB policymakers and other global central banks are nearing the limits of stimulus policies, especially those with negative interest rates and sub-zero long-term sovereign bond yields.
"Expectations may be in front of themselves about the amount of new monetary policy stimulus that the ECB is going to move forward with," said Art Hogan, chief market strategist at National Securities in New York.
The U.S. Federal Reserve is also widely expected to cut interest rates next week as policymakers attempt to protect the global economy from risks, such as Britain's exit from the European Union.
On Wall Street, stocks were lower, weighed down in part by technology shares as data from China showing producer prices had their sharpest pace of declines in three years in August renewed global recession worries.
The Dow Jones Industrial Average fell 68.99 points, or 0.26%, to 26,766.52, the S&P 500 lost 16.91 points, or 0.57%, to 2,961.52 and the Nasdaq Composite dropped 55.45 points, or 0.69%, to 8,031.99.
MSCI's gauge of stocks across the globe shed 0.33%, and was on track to snap a four-day streak of gains.
European shares were little changed, as the rise in bond yields helped boost bank shares by more than 2%, putting them on track for a fifth day of gains. The bank index is up nearly 9% over that span, its best five-day performance since April 2017.
The pan-European STOXX 600 index rose just 0.05%.
Germany's DAX rose modestly after the country's Finance Minister Olaf Scholz said a possible economic crisis could be countered by injecting "many, many billions of euros" into the economy, signaling his readiness for a big stimulus package if the economy tips into recession.
The export-heavy German index was also aided by a Reuters report that Bank of Japan policymakers are now more open to discussing the possibility of expanding stimulus at their Sept. 18-19 board meeting due to the broadening fallout of the U.S.-China trade war.
In currencies, the dollar strengthened but held in a tight range ahead of the ECB meeting, while sterling steadied as investors looked for clarity on the Brexit situation as several British lawmakers launched a new group on Tuesday to bolster efforts to secure a deal to leave the European Union.
The dollar index rose 0.01%, with the euro up 0.03% to $1.1049.
Sterling was last trading at $1.2365, up 0.16% on the day.
(Additional reporting by Uday Sampath in Bengaluru; Editing by Bernadette Baum)