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Amazon wobble ripples across world stock markets

LONDON An earnings miss by Amazon that hit U.S. technology stocks overnight rippled through other markets on Friday, with Asian stocks retreating from recent highs and European tech shares opening sharply lower.

Recent Business News

Value of U.S. deals in China sinks on rising trade tensions

HONG KONG U.S. corporate acquisitions in China collapsed to their lowest level for 14 years in the first half of this year, as trade tensions between the two countries and uncertainty about Chinese government regulations took a toll on deal making.

Deals, China 6:42am EDT

In Puerto Rico bankruptcy, mutual funds compete with themselves

U.S. mutual funds that held onto Puerto Rican debt as its economy crept toward collapse could get drawn into battles that pit their own investors against each other, as the island navigates the biggest government bankruptcy in U.S. history.

1:06am EDT

Telecom Italia to name Genish chief for operations, says no plans to merge with Mediaset

MILAN Telecom Italia (TIM) will announce on Friday the arrival of Amos Genish as general manager in charge of operations, the company's executive chairman said, confirming a report by Reuters.

7:00am EDT

Dividends a worry at drugmakers Astra, GSK after dramatic week

LONDON Britain's two big drugmakers face very different challenges but they share a common problem: how to convince investors that their dividends are safe.

6:36am EDT

Oil extends gains, on track for biggest weekly gains this year

LONDON Oil prices edged higher on Friday, reaching fresh two-month highs and on track to post the strongest weekly gains this year as investors digested signs of an easing oversupply picture.

6:01am EDT

Monetizing the Dallas Cowboys brand

Dallas Cowboys Chief Operating Officer Stephen Jones talks about maximizing the value of his team.   Full Article 


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