European shares rose on Tuesday, as investors counted on further monetary stimulus by central banks after the U.S. Federal Reserve cut interest rates in an emergency move to cushion the economic impact of the coronavirus epidemic.
What happened
Shares of electric-car company Tesla (NASDAQ: TSLA) jumped on Tuesday, rising as much as 8.5%. As of 11:34 a.m. EST, however, this sharp rise had moderated to a gain of 2.8%.
U.S. President Donald Trump told his Egyptian counterpart Abdel-Fattah al-Sisi in a phone call on Tuesday that Washington will keep up efforts for a deal between Egypt, Ethiopia and Sudan over an Ethiopia Nile dam, the Egyptian presidency said.
Discovery Communications (NASDAQ: DISCA) is planning a big push into streaming video in 2020. The media company's cable networks are a staple of the big bundle, but management expects its direct-to-consumer and other streaming efforts to generate over $1 billion in revenue thi
In 2016, the Obama Administration Environmental Protection Agency (EPA) set new limits on methane emissions by the oil and gas industry, calling for emissions to halve by 2025. The Trump Administration has proposed rolling back those rules, and you might think the oil and gas in
U.S. Supreme Court justices on Tuesday appeared inclined to back the Securities and Exchange Commission's power to use federal courts to force defendants to surrender profits obtained through fraud as part of its enforcement of investor protection laws.
The U.S. Food and Drug Administration recently tested the oral diabetes medicine metformin for the presence of N-Nitrosodimethylamine (NDMA), a potent carcinogen, and in February, it published its results. Those tests showed that NDMA was either not detectable or only found at a
While its rivals add plant-based meat options, Yum! Brands'(NYSE: YUM) Taco Bell has taken a different approach to lure in vegetarians or people who simply want meat-free options.
Several banks in Sudan are introducing Visa payment systems as the country seeks to develop its financial sector following decades of isolation, a central bank official and the U.S. financial services company said.
In trading on Tuesday, shares of Nestle S A (Symbol: NSRGY) crossed above their 200 day moving average of $106.29, changing hands as high as $109.86 per share. Nestle S A shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of
The latest tally of analyst opinions from the major brokerage houses shows that among the 30 stocks making up the Dow Jones Industrial Average, Walmart is the #13 analyst pick. Walmart also comes in above the median of analyst picks among the broader S&P 500 index compone
LONDON (Reuters Breakingviews) - Jerome Powell has been criticized by President Donald Trump for doing less than euro zone peers to stimulate the economy. Spurred by the rapid spread of coronavirus, the U.S. central bank chief is taking the initiative. He could have used
The stock market saw considerable volatility on Tuesday morning, initially giving up ground on renewed fears about the global spread of the COVID-19 outbreak. Stocks briefly bounced higher after the Federal Reserve announced that it would cut interest rates by half a percentage
On Tuesday, Thermo Fisher Scientific (NYSE: TMO) announced its intent to acquire a leading global provider of testing technology, QIAGEN N.V. (NYSE: QGEN) for $11.5 billion. That deal valuation includes $1.4 billion of the Netherlands-based company's outstanding debt.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensiv
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensiv
The last patient being treated for Ebola in Democratic Republic of Congo was discharged on Tuesday, the World Health Organization (WHO) said, bringing the 19-month-old outbreak closer than ever to an end.