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Stocks recover, dollar off lows as markets move past Trump's policy stumble

LONDON Stocks recovered while the dollar rose off four-month lows on Tuesday as anxiety over Donald Trump's setback on healthcare reform gave way to tentative hopes for the U.S. president's planned stimulus policies.

Recent Business News

Asset sales plan secures EU backing for $130 billion Dow, DuPont merger

Dow Chemical and DuPont won the blessing of the European Union for their $130 billion merger on Monday by agreeing to sell substantial assets including key research and development activities.

Mar 27 2017

Snap surges after IPO banks give flurry of 'buy' ratings

Shares of Snap Inc jumped nearly 5 percent on Monday after several of the Snapchat owner's IPO underwriters handed it badly needed "buy" ratings.

Tech, Money Mar 27 2017

Citi applies for capital markets license in Saudi Arabia: sources

KHOBAR/DUBAI Citigroup has formally applied for a license to conduct capital markets business in Saudi Arabia, two sources familiar with the matter said, in a move to return to the country after an absence of nearly 13 years.

5:33am EDT

Uber to end services in Denmark: media

COPENHAGEN Ride-hailing group Uber Technologies [UBER.UL] will discontinue its services in Denmark due to the country's new taxi law, it said at a press conference in Copenhagen on Tuesday, according to local broadcaster TV2 News.

5:43am EDT

All aboard: American Airlines takes $200 million stake in China Southern

HONG KONG/SHANGHAI China Southern Airlines Co Ltd said on Tuesday it will sell a small stake to American Airlines Group Inc in a $200 million deal that will give the carriers better access to the world's two largest travel markets.

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