Exxon, Chevron results augur tough year ahead, shares drop

Weaker crude oil and gas prices drove quarterly results sharply lower at Exxon Mobil Corp and Chevron Corp, pushing down shares at the two largest U.S. oil producers and signalling a weak start to the new year. from Reuters: Money Ne...

Visa sees muted revenue growth in 2020, shares fall 3%

Visa Inc on Thursday fell short of analysts' estimate for first-quarter revenue and said revenue this year would be crimped by incentives it provide to banking clients, sending its shares down nearly 3%. from Reuters: Money Ne...

Volkswagen truck unit Traton offers $2.9 billion to take over Navistar

Volkswagen AG's Traton commercial truck unit said on Thursday it had offered $35 a share, or $2.9 billion (2.2 billion pounds), for the remaining shares of U.S. truck maker Navistar International that it does not already own. from Reuters: Money Ne...

Japan jobless rate steady in December at 2.2%

Japan's jobless rate and the availability of jobs held steady in December, government data showed on Friday. from Reuters: Money Ne...

Tokyo Jan. core CPI rises 0.7 percent year-on-year

Core consumer prices in Tokyo rose 0.7 percent in January from a year earlier, government data showed on Friday. from Reuters: Money Ne...

SK Hynix fourth-quarter profit misses forecasts, hit by prolonged chip downturn

South Korea's SK Hynix , a chip supplier to Apple Inc and Huawei, said on Friday its fourth-quarter operating profit slumped 95%, missing analysts' estimates, as chip prices were hit by oversupply and weaker demand. from Reuters: Money Ne...