U.S.-listed China shares, indexers, fall after delisting reports

NEW YORK (Reuters) – Shares of Chinese stocks traded in the United States, along with indexing companies, slumped on Friday after reports the Trump administration was considering delisting Chinese firms from U.S. stock exchanges and limiting U.S. investment in China-based securities. The potential moves, which could dramatically escalate U.S.-China trade Continue Reading

Oil soars after Saudi facility attacks, weak China data hits shares

SYDNEY (Reuters) – Oil surged to four-month highs on Monday after weekend attacks on crude facilities in Saudi Arabia sparked supply fears, while shares in Asia extended losses as bleak economic data from China sapped investors’ risk appetite. FILE PHOTO – Passersby are reflected on a stock quotation board outside Continue Reading

Thiel’s Founders Fund sells remaining Facebook shares

FILE PHOTO: PayPal co-founder and Facebook board member Peter Thiel delivers his speech on the U.S. presidential election at the National Press Club in Washington, U.S., October 31, 2016. REUTERS/Gary Cameron (Reuters) – Early Facebook Inc (FB.O) backer, Founders Fund, has sold all of its holdings in the social media Continue Reading

Icahn discloses U.S. probe into sale of Manitowoc shares: filing

BOSTON (Reuters) – Federal prosecutors in Manhattan asked billionaire investor Carl Icahn’s company for information about trades in crane maker Manitowoc, Icahn Enterprises disclosed in a regulatory filing on Thursday, in its first acknowledgement of such a probe. Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network’s Neil Continue Reading

Union Pacific operational overhaul gains traction, shares rise

(This April 18 story corrects to show operating ratio declined, error also occurred in previous updates) FILE PHOTO: A Union Pacific rail car is parked at a Burlington National Santa Fe (BNSF) train yard in Seattle, Washington, U.S., February 10, 2017. REUTERS/Chris Helgren By Lisa Baertlein and Rachit Vats (Reuters) Continue Reading