Month: October 2019

Visa , Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc’s cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the … Read More

Norway’s $1.1 trillion (894.7 billion pounds) sovereign fund will divest from companies that are solely dedicated to oil and gas exploration and production, while maintaining stakes in refiners and other … Read More

The dollar fell on Tuesday from its highest level in more than two years, undermined by data showing weakness in the U.S. manufacturing sector and a lower-than-expected rise in construction … Read More

WeWork’s failure to go public is a critical turning point for markets that signals the end of “the days of endless capital for unprofitable businesses,” Morgan Stanley Equity Strategist Michael … Read More

Ecuador, one of the smallest members of the Organization of the Petroleum Exporting Countries (OPEC), said on Tuesday it will leave the 14-nation bloc from Jan. 1 due to fiscal … Read More

Oil futures sank on Tuesday as weak U.S. economic data dimmed crude’s demand outlook and pressured prices, while reports of a third-quarter decline in output from the world’s largest oil … Read More

WeWork’s decision to abandon its initial public offering and the resulting turmoil at the shared office space provider has created an opportunity for major competitor IWG , said IWG’s founder … Read More

The dollar fell from its highest level in more than two years on Tuesday, undermined by data showing weakness in the U.S. manufacturing sector and a lower-than-expected rise in construction … Read More