[ad_1] RIYADH/DUBAI (Reuters) – Saudi Aramco (2222.SE) shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, closing in on the $2 trillion valuation long sought by
Nightmare before Christmas? Traders dig in for long British election night
[ad_1] LONDON (Reuters) – It’s the time of year when London’s banker and traders wind down and prepare for holidays. Instead, many are cancelling leave and will work all night on Thursday as Britain votes
Credit Suisse cuts profit goals as revenue hopes fall short
[ad_1] ZURICH (Reuters) – Credit Suisse cut a key profitability target for this year and next as a drop in dealmaking, negative interest rates and uncertainty caused by global trade tensions dimmed the outlook. FILE
Oil prices sag on surprise rise in U.S. crude inventories
[ad_1] SINGAPORE (Reuters) – Oil prices fell on Wednesday after industry data showed an unexpected build in crude inventory in the United States and as investors waited for news on whether a fresh round of
Japan to slash tax revenue forecast as trade war hits exports – source
[ad_1] TOKYO (Reuters) – Japan will slash its tax revenue estimate for the current fiscal year by more than 2 trillion yen (14 billion pounds) from its initial target, a government source told Reuters, as
UBS must defend against U.S. lawsuit over ‘catastrophic’ mortgage losses
[ad_1] NEW YORK (Reuters) – A federal judge on Tuesday rejected UBS Group AG’s bid to dismiss a U.S. government lawsuit accusing Switzerland’s largest bank of causing “catastrophic” investor losses in residential mortgage-backed securities sold
Sensex, Nifty edge higher; IT stocks gain
[ad_1] A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, November 9, 2016. REUTERS/Danish Siddiqui/File Photo (Reuters) – Indian shares edged up on Wednesday, drawing support from Asian
Pound slips on UK poll projections, dollar awaits Fed
[ad_1] TOKYO (Reuters) – The British pound slipped early on Wednesday after a poll showed a narrowing lead for Prime Minister Boris Johnson’s Conservative Party in an election scheduled for later in the week, while
Chevron expects $10 billion-$11 billion charge in fourth quarter; plans asset sales
[ad_1] (Reuters) – U.S. oil major Chevron Corp (CVX.N) on Tuesday said it expects to write down the value of its assets $10 billion (£7.79 billion) to $11 billion this quarter and is considering selling
ADB cuts growth views for China, developing Asia as trade war bites
[ad_1] The financial district is seen shrouded by haze in Singapore September 18, 2019. REUTERS/Feline Lim/File Photo MANILA (Reuters) – The Asian Development Bank (ADB) said on Wednesday it has lowered its growth forecasts for