LONDON - Concerns over Chinese growth and political tensions in Ukraine took the fizz out of an attempted rally in riskier assets on Thursday, as world shares steadied after their biggest falls for nearly two weeks.
- GM waited on Ion recall despite awareness of fatal crashes
- Shell cuts American upstream spending to lower shale exposure
- J.C. Penney turnaround faces big test with home goods relaunch
- ECB ready to act if real interest rates don't fall - Coeure
- China's Jan-Feb economic activity cools to multi-year lows
Recent Business News
HONG KONG - Chinese e-commerce giant Alibaba Group Holding is "95 percent certain" to choose New York as the venue for its initial public offering, the Financial Times reported on Thursday, citing unnamed sources close to the deal.
BEIJING - Any default of loans in China will not set off systemic risks in the world's second-largest economy, Premier Li Keqiang said at a press conference on Thursday.
BERLIN - German carmaker Volkswagen expects to sell more than 10 million vehicles across its multi-brand group this year, aiming to hit a long-running target four years earlier than previously planned.
HYDERABAD - Boeing Co is in talks with Indian airlines Jet Airways and Air India about the sale of its 737 MAX jets, a Boeing executive told Reuters on Thursday, as the aircraft manufacturer raised its forecast for demand in India.
The state of the US job market is essentially unchanged. On Wednesday morning, the most recent Bureau of Labor Statistics Job Openings and Labor Turnover (JOLTs) data showed that the rate of hiring, turnover, and the number of open jobs was largely unchanged.
- Charting the Malaysian airliner disappearance
- The worrying (or not) rise of margin debt
- Manufacturing and consumer spending edge up
- Is China’s red-hot housing market finally beginning to cool down?
- What we know about income inequaliy: America’s disappearing ‘middle-skill’ jobs and falling wages
- The end of the boom in emerging markets reserves