After stellar run, smallcaps may see some turbulenceAfter a strong rally that saw the Russell 2000 notch a record in three straight sessions in June, smallcap stocks may be showing signs of slowing down, leading some market participants to question whe...
Stress test results signal more flexible new-look FedThis year’s Federal Reserve stress test results suggested a more flexible approach, a further sign the regulator’s new leadership is responding positively to a Wall Street push for pragmatic bank supe...
BMW says US tariffs on EU cars may hit investment thereUS tariffs on imported cars could lead BMW (BMWG.DE) to reduce investment and cut jobs in the United States due to the large number of cars it exports from its South Caroline plant, the German carmake...
Trump says Saudi king agreed to raise oil production up to 2 million barrelsUS President Donald Trump said in a tweet on Saturday that Saudi Arabia’s King Salman had agreed to his request to increase oil production “maybe up to 2,000,000 barrels” to offset production from Ira...
Apple rebuilds mapping app, but will still tap TomTomApple Inc is rebuilding the widely used mapping application on its iPhones from the ground up with its own dataset, but Amsterdam-based TomTom NV will continue to be a data provider for Apple’s maps a...
Yellow metal price sustains firmness on hedging, Gold FuturesThe gold price in global and domestic market retained value after successive three descending phase on improved Gold Future speculations on general prices however less volumes were traded, metal trade...
Buyers strike deals for better grades amid firm prices at lint market past weekBuyers made deals in better and second grade of lint on premium price while buying in second grade of lint remained on higher side with firm physical prices during past week, traders at Karachi Cotton...