 | | | | Apple Inc said in its annual proxy filing on Tuesday that it will modify executive cash bonuses based on progress toward the company's social and environmental goals. | | | | | | NEW YORK (Reuters) -Oil prices climbed nearly 5% on Tuesday after news that Saudi Arabia will make voluntary cuts to its oil output, while international political tension simmered over Iran's seizure of a South Korean vessel. | | | | | | U.S. jeweler Tiffany & Co said on Tuesday 2020 holiday sales rose about 2%, as consumers stuck at home shopped more online and shoppers in China spent more on jewelry. | | | | | | NEW YORK (Reuters) -Shares on Wall Street ended higher on Tuesday in choppy trading, as investors took advantage of the previous session's slump to buy them back, ahead of the outcome of the Senate runoff elections in the battleground state of Georgia, which will determine the balance of power in Washington. | | | | | | Italian fashion group Prada said on Tuesday that it would close 2020 with an operating profit despite the hit from the coronavirus crisis, after revenues and profitability improved markedly in the second half of the year. | | | | | | Department store operator Macy's Inc said on Tuesday it would close about 45 stores this year as part of its three-year plan to lower store count in order to focus on its more productive outlets. | | | | | | WASHINGTON (Reuters) -Procter & Gamble Co and Billie Inc, which sells women's razors and other body care products, have decided to terminate their planned merger agreement, the two companies said on Tuesday. | | | | | | HONG KONG/SINGAPORE/WASHINGTON (Reuters) -The New York Stock Exchange said it no longer intends to delist three Chinese telecom giants - a shock reversal of an announcement made only last week and deepening confusion over a U.S. crackdown on firms said to be linked to China's military. | | | | | | U.S. Treasury Secretary Steven Mnuchin disagrees with the New York Stock Exchange's plan to no longer delist three Chinese telecom giants, Bloomberg News reported on Tuesday. | | | | | | MOSCOW/LONDON/DUBAI (Reuters) -Saudi Arabia pledged additional, voluntary oil output cuts of one million barrels per day (bpd) in February and March as part of a deal under which most OPEC+ producers will hold production steady in the face of new coronavirus lockdowns. | | | | | |
