United States

FILE PHOTO: A man walks in front of Banco do Brasil headquarters building in Brasilia, Brazil October 29, 2019.REUTERS/Adriano Machado SAO PAULO (Reuters) – Asset managers BlackRock Inc., Franklin Templeton and Principal Financial Group are vying for a partnership with state-controlled lender Banco do Brasil’s asset management unit, a Brazilian......

AmEx profit beats on strong U.S. holiday season spending

ReutersJanuary 24, 2020January 24, 2020

FILE PHOTO: An American Express credit card is seen on a computer keyboard in this picture illustration taken September 6, 2017. REUTERS/Philippe Wojazer/Illustration (Reuters) – Credit card issuer American Express Co (AXP.N) reported a fourth-quarter profit on Friday that beat analysts’ estimates, as more people used its cards for shopping......

Oil falls below $62, heads for weekly loss on China virus concerns

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202001

LONDON (Reuters) – Oil slipped below $62 a barrel on Friday and was heading for a weekly decline as concern that a virus in China may spread, curbing travel and oil demand, overshadowed supply cuts. FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S.......

Thousands of Iraqis rally against U.S. military presence

CNBCJanuary 24, 2020January 24, 2020

by CNBCJanuary 24, 2020January 24, 202002

CNBC – For more and to sign up click here Supporters of Iraqi cleric Moqtada Sadr gather in the capital Baghdad for a “million-strong” march to demand an end to the presence of US forces in their country, on January 24, 2020. Ahmad Al-Rubaye/ AFP/ Getty Thousands of Iraqis rallied......

Ericsson hit by higher 5G costs and weaker U.S. market

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202005

STOCKHOLM (Reuters) – Sweden’s Ericsson (ERICb.ST) reported a smaller-than-expected rise in fourth-quarter core earnings on Friday and said higher costs would spill over into 2020 as the telecoms equipment maker looks to exploit its leading position in super-fast 5G networks. FILE PHOTO: The Ericsson logo is seen at the Ericsson’s......

European stocks shrug off coronavirus fears

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202003

LONDON/TOKYO (Reuters) – European shares on Friday shrugged off worries over the coronavirus outbreak after the World Health Organisation designated it an emergency for China but not yet for the rest of the world. FILE PHOTO: People walk past the London Stock Exchange Group offices in the City of London,......

Bayer Shares up 2.3% on report about possible glyphosate settlement

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202002

FRANKFURT (Reuters) – Shares in seeds and pesticides maker Bayer (BAYGn.DE) opened 2.3% higher on Friday, driven by a report on a possible out-of-court settlement of a U.S. jury trial over allegations that its weed killer Roundup causes cancer. Bloomberg here said late on Thursday that lawyers for some plaintiffs......

Euro near seven-week lows before PMI data release

ReutersJanuary 24, 2020January 24, 2020

LONDON (Reuters) – The euro held near seven-week lows on Friday after the European Central Bank struck a more dovish tone at Thursday’s meeting than some had expected. FILE PHOTO: Euro currency bills are pictured at the Croatian National Bank in Zagreb, Croatia, May 21, 2019. REUTERS/Antonio Bronic Investor attention......

Iran has to change its behavior and policies

CNBCJanuary 24, 2020January 24, 2020

by CNBCJanuary 24, 2020January 24, 202004

CNBC – For more and to sign up click here Adel Al-Jubeir, Saudi Arabia’s minister of state for foreign affairs, speaks during a panel session on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders, influential executives, bankers and policy makers......

Oil rises, but potential impact of China virus on fuel demand haunts market

ReutersJanuary 24, 2020January 24, 2020

SINGAPORE (Reuters) – Oil prices climbed on Friday, following a drawdown in U.S. crude stocks, but were set to fall heavily for the week amid worries that a new coronavirus in China that has killed 25 so far may spread, curbing travel, fuel demand and economic prospects. FILE PHOTO: Pump......

Ericsson fourth-quarter core profit hit by slowdown in U.S. business, higher costs

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202001

STOCKHOLM (Reuters) – Swedish telecoms equipment group Ericsson (ERICb.ST) reported a smaller than expected rise in fourth-quarter core earnings on Friday and said the quarter, seasonally its best, had nevertheless been hit by a slowdown in its previously surging U.S. business and higher costs. FILE PHOTO: The Ericsson logo is......

Bayer faces fourth U.S. Roundup cancer trial in Monsanto home court

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202001

(Reuters) – Bayer AG (BAYGn.DE) is set to face a fourth U.S. jury trial over allegations that its popular weed killer Roundup causes cancer, with four cancer patients in the hometown of its agricultural subsidiary Monsanto scheduled to make their case beginning on Friday. FILE PHOTO: Logo and flags of......

Afghan President Ashraf Ghani on Trump and US troop reductions

CNBCJanuary 24, 2020January 24, 2020

by CNBCJanuary 24, 2020January 24, 202003

CNBC – For more and to sign up click here Afghan’s President Ashraf Ghani addresses US troops during a surprise Thanksgiving day visit of US President Donald Trump at Bagram Air Field, on November 28, 2019 in Afghanistan. OLIVIER DOULIERY | AFP | Getty Images Afghanistan’s president this week told CNBC......

Oil rebounds, but markets ‘twitchy’ over China virus impact on demand

ReutersJanuary 24, 2020January 24, 2020

by ReutersJanuary 24, 2020January 24, 202003

SINGAPORE (Reuters) – Oil prices edged up on Friday, helped by a decline in U.S. crude stockpiles, but were on track for to fall up to 5% for the week on worries that the China coronavirus that has killed 25 so far may spread, curbing travel, fuel demand and economic......

South Korea confirms second case

CNBCJanuary 23, 2020January 24, 2020

by CNBCJanuary 23, 2020January 24, 202001

CNBC – For more and to sign up click here A Chinese passenger that just arrived on the last bullet train from Wuhan to Beijing is checked for a fever by a health worker at a Beijing railway station on January 23, 2020 in Beijing, China. Kevin Frayer | Getty......

Shares hold ground as China virus fears persist; euro hits seven-week low after ECB

ReutersJanuary 23, 2020January 23, 2020

by ReutersJanuary 23, 2020January 23, 202001

TOKYO (Reuters) – Asian shares held their ground on Friday as trade slowed for the Lunar New Year, despite investors fears that a new coronavirus in China could spread faster as millions of people would be traveling over the week-long holiday. FILE PHOTO: An investor uses his mobile phone in......

Euro near seven-week low after ECB; China virus worries linger

ReutersJanuary 23, 2020January 23, 2020

by ReutersJanuary 23, 2020January 23, 202002

TOKYO (Reuters) – The euro hovered near a seven-week low against the dollar on Friday after the European Central Bank was seen as more cautious than expected, while anxiety over China’s coronavirus outbreak propped up the safe-haven yen. FILE PHOTO: Euro currency bills are pictured at the Croatian National Bank......

Trump chose the wrong time to pick a war with China, Hong Kong businessman says

CNBCJanuary 23, 2020January 23, 2020

by CNBCJanuary 23, 2020January 23, 202002

CNBC – For more and to sign up click here Chinese Vice Premier Liu He and US President Donald Trump sign a trade agreement between the US and China in the East Room of the White House in Washington, DC, January 15, 2020. Saul Loeb | AFP | Getty Images......

Oil steadies, but concern over spreading China virus weighs

ReutersJanuary 23, 2020January 23, 2020

by ReutersJanuary 23, 2020January 23, 202003

FILE PHOTO: Pump jacks operate at sunset in an oil field in Midland, Texas U.S. August 22, 2018. REUTERS/Nick Oxford SINGAPORE (Reuters) – Oil prices were steady on Friday, but on track for a fall of up to 5% for the week on growing concern that fuel demand will weaken......