 | | | | Saudi Arabia's crown prince trumpeted on Tuesday a conference that has drawn investment deals worth $50 billion despite a boycott over the killing of journalist Jamal Khashoggi, declaring the event as "great - more people more money". | | | | | | American Express Co has received subpoenas from the U.S. Department of Justice and inquiries from other federal agencies related to its foreign exchange international payments business, the credit card issuer said on Tuesday. | | | | | | U.S. company earnings growth is slowing after a bumper start to the year, and the reality of an escalating trade war between two of the world's largest economies is starting to weigh on companies ranging from Caterpillar Inc to Ford Motor Co. | | | | | | Target Corp, aiming to one-up retail rivals during the upcoming U.S. holiday shopping season, said on Tuesday it was adding more delivery and pickup options for online shoppers to have items shipped to their homes or ready for quick pick-up at a local store. | | | | | | Texas Instruments Inc posted smaller-than-expected quarterly revenue on Tuesday and forecast current quarter sales and profit below analysts' estimates as the chipmaker wrestled with slowing demand for its products. | | | | | | Wall Street indexes fell in Tuesday's volatile session though they had pared losses sharply by the closing bell as investors looked for bargains, but oil dropped sharply on demand worries. | | | | | | SoftBank Group Corp Chief Executive Masayoshi Son, whose $93 billion Vision Fund drew nearly half its money from Saudi Arabia, canceled a speaking engagement at the kingdom's investment conference this week, two people familiar with the matter told Reuters. | | | | | | Saudi Arabia said on Tuesday it would continue to meet customer demand for crude despite looming U.S. sanctions that are expected to reduce oil exports from Iran. | | | | | | Oil giant Saudi Aramco will sign 15 deals worth more than $30 billion, said Saudi state-owned TV Ekhbariya. | | | | | | When the world's business elite gathered last year for Saudi Arabia's top investment forum, Crown Prince Mohammed bin Salman dazzled them with plans to build a $500 billion mega-city. | | | | | | U.S. stocks fell on Tuesday as worries about the outlook for corporate earnings dampened sentiment, though the three major indexes ended well off the day's lows as investors snapped up beaten-down shares in late trading. | | | | | |
