Stocks weighed by Apple demand woes, trade tensions

World stocks fell on Monday as worries about softening demand for the iPhone dragged down shares of Apple Inc and persistent trade tensions between China and the United States sapped investor senti...

American Airlines pilots seek new contract negotiations

American Airlines pilots union on Monday urged the carrier to begin negotiations for a new labor contract in January to boost compensation. ...

Societe Generale to pay $1.4 billion to settle cases in the U.S.

French banking giant Societe Generale on Monday agreed to pay U.S. federal and state authorities $1.4 billion to resolve pending legal disputes. ...

Wall Street hammered by Apple, trade concerns

The Dow Jones Industrial Average shed more than 400 points on Monday, as a slump in Apple shares battered the tech sector, with conflicting signals over the state of play between the United States ...

Instant View: Wall Street stocks tumble, S&P falls 2 percent

U.S. stocks tumbled on Monday, with the S&P 500 and Dow Jones industrial Average shedding about 2 percent and the Nasdaq down more than 3 percent. ...

Kroger and Ocado select Monroe, Ohio for first fulfillment center

Kroger Co has chosen its hometown of Cincinnati for the first of 20 high-tech warehouses it plans to build with online grocer Ocado Group Plc. ...

Petrobras' next CEO says oil firm should focus on exploration, production

A University of Chicago-trained economist named as the next chief of Brazil's Petrobras threw his support behind the sale of the state oil company's non-core assets and called for it to focus on e...

Petrobras should focus on oil exploration and production: incoming CEO

The incoming chief executive of Brazilian state-controlled oil company Petroleo Brasileiro SA said in a newspaper interview on Monday that BR Distribuidora , its fuel distribution unit, is not a n...

Nissan to oust Ghosn after arrest for alleged financial misconduct

Nissan Motor Co Chairman Carlos Ghosn was arrested on Monday for alleged financial misconduct and will be fired from the board this week, a dramatic fall for a leader hailed for rescuing the Japan...

Brent crude slips as investors fear another glut

Brent crude futures fell in choppy trade on Monday, under pressure from growing supply but supported by a reported drawdown of U.S. oil inventories, potential European Union sanctions on Iran and p...