Global equity markets could struggle to come to terms with a dramatic slowdown from the world's largest economy next year, one Goldman Sachs strategist told CNBC on Monday.
Amazon is planning its first physical store in the UK, likely to be in London's West End area, according to a report in The Telegraph. Its sources said the company is looking for sites between 3,000 and 5,000 square feet for the Amazon Go store.
European stocks closed lower Monday, reacting to fresh Brexit uncertainty and trailing a slump in U.S. equities.
President Donald Trump announced Saturday that he's picked Gen Mark Milley to be the nation's next top military adviser.
Major oil producers have reached a preliminary deal to cut oil production and boost the market, following two days of grueling negotiations.
European stocks recovered Friday, bouncing back from the two-year low in the previous session.
OPEC has reportedly agreed to cut oil production, but the cartel is not releasing details of the deal until it reaches an agreement with allied producers including Russia.
European stocks retreated sharply Thursday, amid fears of a slowdown in economic growth.
The phenomenon, also called algorithm or algo trading, refers to market transactions that use advanced mathematical models to make high-speed trading decisions.
Oil markets are deeply concerned about the power President Donald Trump has over some of the world's largest crude producers, energy analysts told CNBC on Wednesday, ahead of a much-anticipated meeting between OPEC and non-OPEC members.
The coalition between the leftist Five Star Movement (M5S) and the right-wing Lega came to power in early June; it promised to revive the economy by giving more money to the poor and reduce taxes.
The so-called Withdrawal Agreement — a 585-page document that outlines how the U.K. will leave the EU in March — is causing division among society and lawmakers.
There was a time when European governments couldn't utter a fiscal policy statement without mentioning the word "austerity." Now, the policy seems to be out of favor. the concept seems to have all but disappeared from public discourse.
European stocks posted sharp losses on Wednesday afternoon, as resurgent trade worries worsened investor fears about global economic growth.
BRUSSELS, Dec 4- Google, Amazon, Apple and other tech giants face one of their biggest challenges this week as a key EU lawmaking committee prepares to take a tough stance on legislation designed to curb their power and boost the rights of businesses. In a bid to ensure a level playing field between the tech companies and bricks-and-mortar businesses, the European...
*FTSE 100 down 0.6 pct, FTSE 250 down 1.3 pct. LONDON, Dec 4- Concerns about growth, doubts about a U.S.- China trade truce, and a rising pound drove Britain's top stock index down on Tuesday, while precious metal miners regained their lustre as gold prices rallied. The FTSE 100 closed down 0.6 percent with the stronger sterling dragging on its exporter-heavy...
LONDON, Dec 4- Sweden is likely to become cashless within the next five years, the deputy governor of the country's central bank, Cecilia Skingsley, predicted on Tuesday. The use of notes and coins has been declining in Sweden for years and instant mobile phone payments and other new technologies means it is has now dwindled to almost insignificant levels.
LONDON, Dec 4- The gap between Germany's two-year and 10- year bond yields tightened to its narrowest in 17 months on Tuesday, after parts of the U.S. Treasury yield curve inverted overnight as optimism over the U.S.- China trade agreement faded. Relief over a pause in the trade war between the U.S. and China has given way to doubts over whether the two countries can...
LONDON, Dec 4- The dollar has peaked against the euro as the Federal Reserve nears the end of a multi-year rate hike cycle with a potential inversion in the bond yield curve a sign of recession risks in the world's biggest economy, a major investor said on Tuesday. Bob Michele, who heads global fixed income for JP Morgans investment arm, said he doesn't expect the U.S....
*Exxon helped create today's Azeri oil industry U.S. involvement in Azerbaijan fades. LONDON, Dec 4- Exxon Mobil and Chevron are seeking to sell their stakes in Azerbaijan's largest oilfield, marking the retreat of the U.S. majors from the former Soviet state after 25 years as they re-focus on domestic production. Rival Chevron said in a statement to Reuters it had...