Bhinneka News Online: Reuters Before the Bell: Investors' cash buildup comes at a cost

Monday 11 February 2019

Reuters Before the Bell: Investors' cash buildup comes at a cost

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Monday, February 11, 2019

Investors' cash buildup comes at a cost

Investors sitting on a mountain of cash built up since late last year may be paying a price for playing it too safe in the first weeks of 2019.

Brazil securities watchdog probes Embraer CFO over Boeing deal: paper

Brazil's securities regulator has launched an administrative probe into a top executive at jetmaker Embraer SA regarding an announcement about its proposed joint venture with Boeing Co, newspaper Valor Econômico reported on Monday.

Futures climb as U.S.-China trade talks resume

U.S. stock index futures rose on Monday as the latest trade talks between the United States and China began in Beijing, while U.S. lawmakers attempted to hammer out a deal to avoid another government shutdown.

Stocks inch higher as investors look ahead to trade talks, Brexit

World stock markets edged higher on Monday, as investors eyed the resumption of trade talks between the United States and China and watched for signs of progress on Brexit.

Google extends chip-making efforts to design hub Bengaluru

Alphabet Inc's Google has hired more than a dozen microchip engineers in Bengaluru, India, in recent months and plans to rapidly add more, according to LinkedIn profiles, job postings and two industry executives, as the search firm expands its program to design the guts of its devices internally.

Sanctions, OPEC cuts push Asia's sour crude oil prices above Brent

Middle East oil benchmarks Dubai and DME Oman have nudged above prices for Brent crude, an unusual move as U.S. sanctions on Venezuela and Iran along with output cuts by OPEC tighten supply of medium to heavy oil, traders and analysts said.

First U.S. tax filings under Trump's overhaul off to slow start

The first U.S. tax filing season under the overhaul that President Donald Trump signed into law at the end of 2017 got off to a slow start in the first week, with data released on Friday showing a significant drop in returns and refunds.

PG&E to nominate five directors at May shareholder meeting

PG&E Corp , the California utility which filed for bankruptcy last month, expects to nominate five of its current directors for re-election at its annual shareholder meeting, it said on Monday.

With Iran squeezed out, U.S. oil takes on new rivals in Europe

When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, U.S. oil producing companies came well prepared.

Rolex backs Ellison's SailGP with long-term partnership

Swiss watchmaker Rolex raised its aquatic profile on Monday in a long-term partnership with SailGP, a new $1 million winner-takes-all series backed by Oracle boss Larry Ellison.