Finance

Ukraine’s president has vowed to keep a bank formerly owned by a powerful tycoon in government hands. Volodymyr Zelenskiy told an investment conference Tuesday that he would not approve any motion to scrap the 2016 nationalization of PrivatBank, which was owned by billionaire Ihor Kolomoyskyi. The Ukrainian president didn’t mention PrivatBank by name but said […]

If you want to know what the economic backdrop to the 2020 elections is likely to be, pay close attention to some of this week’s headlines. Over the next few days, we are going to get readings that tell us a lot about how the economy is holding up after a summer recession scare. If

The long-planned initial public offering of a sliver of Saudi Arabia’s state-run oil giant Saudi Aramco will see shares traded on Riyadh’s stock exchange in December, a Saudi-owned satellite news channel reported Tuesday as the kingdom’s marquee investment forum got underway. The report by Dubai-based Al-Arabiya offered a crackle of life to the Future Investment

The number of young Americans watching online videos every day has more than doubled, according to survey findings released Tuesday. They’re glued to them for nearly an hour a day, twice as long as they were four years ago. And often, the survey found, they’re seeing the videos on services such as YouTube that are

Hong Kong authorities disqualified high-profile pro-democracy activist Joshua Wong from upcoming local council elections, in the latest sign of deepening division in the semi-autonomous Chinese city wracked by months of protests. City leader Carrie Lam has ruled out political solutions until the violence ends and said Tuesday a recession was possible in the major Asian

On the anniversary of the first of two deadly crashes involving Boeing 737 Max jets, the CEO will tell Congress that the aircraft company knows it made mistakes and is throwing everything into fixing the plane. “We have learned and are still learning from these accidents,” Dennis Muilenburg said, according to comments prepared for delivery

The “Maleficent” sequel has overtaken “Joker” for the weekend box-office crown in North America. Final figures released Monday showed “Maleficent: Mistress of Evil” earned $19.4 million, pulling ahead of “Joker” by a mere $122,000. “Joker” had been the top film on Sunday based on studio estimates after being knocked out of the top spot by

U.S. stocks are back at a record. Don’t feel excited? Neither does Wall Street. After a shaky few months, the stock market has pushed through worries about President Donald Trump’s trade wars, weakening corporate profits and the slowing global economy to set another all-time high. The S&P 500 closed Monday at 3,039.42, eclipsing the previous

Beyond Meat is raising its sales forecast for the year even as it faces more competitors making vegetarian meat alternatives. The El Segundo, California company updated its outlook Monday after seeing its sales more than triple in the latest quarter and logging its first quarterly profit. The results come as plant-based options keep popping up

Stocks marched higher on Wall Street in afternoon trading Monday, extending the market’s gains into a fourth week and driving the S&P 500 on track for an all-time high. The rally comes at the beginning of a busy week of corporate earnings, new economic data and expectations of another interest rate cut by the Federal