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Headlines
Friday, 18 August
Investors flee stocks for bonds, gold as U.S. tax cut hopes fade
1h ago - LONDON (Reuters) - World stocks were set for a second day of losses on Friday after an exodus of U.S. executives from presidential business councils dealt a fresh blow to hopes of tax reform, hammering Wall Street and filtering through to Asia and Europe.
European shares end winning streak on Thursday as banks, energy stocks fall
2h ago - (This Aug 17 story corrects quote in Thursday's stocks report to read "hawkish", not "dovish".)
Applied Materials beats profit estimates, shares rise
12h ago - (Reuters) - Applied Materials Inc, the world's largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor and display businesses.
Chinese banks battle slowing loan growth, default risks loom
26m ago - BEIJING/SHANGHAI (Reuters) - Chinese banks are set to see a slowdown in lending growth in the second half of the year, having exhausted most of their annual credit quota, raising the spectre of corporate defaults as financing costs climb further in the world's No.2 economy.
Alibaba beats on earnings as e-commerce remains core revenue driver
9h ago - BEIJING (Reuters) - Alibaba, China's top e-commerce firm, beat analyst estimates with a 56 percent rise in first-quarter revenue, driven by strong online sales.
Investec Bank plc Form 8.5 (EPT/RI) - Tesco Plc
5h ago -
What's News: Business & Finance -- WSJ
3h ago -
FDA Approves AstraZeneca's Ovarian Cancer Treatment Lynparza Tablets
4h ago -
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