Tue, 21 Aug 2018 12:24:11 -0400
The dollar weakened on Tuesday after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates, while global equity markets rose as strong economic and earnings growth favored stocks in a relatively benign environment.
Tue, 21 Aug 2018 12:18:21 -0400
Protectionism will result in higher prices for U.S. citizens, a senior executive at BHP said on Tuesday, adding that the mining company was already seeing the effect.
Tue, 21 Aug 2018 12:04:46 -0400
Uber Technologies Inc [UBER.UL] has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public offering next year.
Tue, 21 Aug 2018 11:41:19 -0400
The benchmark S&P 500 edged closer to a record high on Tuesday, matching its longest-ever bull-market run, as U.S. stocks rose after some encouraging earnings reports and on hopes that the United States and China could resolve their tariff dispute.
Tue, 21 Aug 2018 11:03:52 -0400
American Airlines is cutting a route from Chicago to Shanghai, cancelling the second direct flight from the U.S. city to China in four months, the carrier said on Tuesday, citing higher fuel costs and a "competitive environment."
Tue, 21 Aug 2018 10:39:13 -0400
U.S. President Donald Trump said on Monday he was "not thrilled" with the Federal Reserve under his own appointee, Chairman Jerome Powell, for raising interest rates and said the U.S. central bank should do more to help him to boost the economy.
Tue, 21 Aug 2018 10:02:50 -0400
U.S. President Donald Trump does not expect much progress from trade talks with China this week in Washington, he told Reuters on Monday.
Tue, 21 Aug 2018 09:04:04 -0400
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
Tue, 21 Aug 2018 07:43:46 -0400
Britain is expected to keep the door open for European Union banks and investors after Brexit to try to preserve London's global financial clout, irrespective of whether it gets a good trade deal from the bloc, bankers and industry officials say.
Tue, 21 Aug 2018 07:00:46 -0400
Rules governing Norway's $1 trillion wealth fund would allow it to stay on as an investor in Tesla if the electric carmaker goes private, its deputy CEO said on Tuesday.
Tue, 21 Aug 2018 05:08:59 -0400
In late July, a lavish fireworks display lit up Osaka's skies in the finale to one of Japan's most famous festivals, courtesy of a first-time sponsor: Macau casino operator Melco Resorts and Entertainment Ltd .
Tue, 21 Aug 2018 04:11:13 -0400
U.S. President Donald Trump on Monday ruled out agreeing to any demands from Turkey to gain the release of a detained American pastor and said he was not concerned that his tough stance could end up hurting European and emerging market economies.
Tue, 21 Aug 2018 04:11:13 -0400
U.S. President Donald Trump said on Monday he was "not thrilled" with Federal Reserve Chairman Jerome Powell for raising interest rates and accused China and Europe of manipulating their respective currencies.
Tue, 21 Aug 2018 04:11:13 -0400
U.S. President Donald Trump said on Monday he would "most likely" meet again with North Korean leader Kim Jong Un, while defending his efforts to convince Pyongyang to give up its nuclear weapons.
Tue, 21 Aug 2018 01:23:59 -0400
The U.S. Federal Reserve, deep into a cycle of rate hikes it hopes to continue into 2020, now faces emerging risks from abroad that could short-circuit its plans.
Tue, 21 Aug 2018 00:08:12 -0400
Huawei Technology Co's coming U.S. launch of a solar-panel control device is expected to collide with new Trump administration tariffs on Chinese electronics, undermining a product that analysts had seen as challenging rivals on pricing.
Mon, 20 Aug 2018 23:31:56 -0400
Daikin Industries, the world's largest maker of air conditioning equipment, is turning to Africa for further expansion, 10 years after a successful gamble on sharing its key technology with a Chinese company.
Mon, 20 Aug 2018 23:15:06 -0400
U.S. President Donald Trump said on Monday he was worried that any statements under oath he provides to Special Counsel Robert Mueller could be used to bring perjury charges against him as part of the probe into Russia's electoral interference.
Mon, 20 Aug 2018 20:26:36 -0400
Foreign-brand automakers with U.S. plants do not support Trump administration rules to raise the amount of local content in North American-made vehicles, a group representing companies including Toyota Motor Corp , Volkswagen AG and Hyundai Motor Co has told key U.S. lawmakers.
Mon, 20 Aug 2018 20:19:55 -0400
The space company of billionaire Microsoft co-founder Paul Allen on Monday unveiled details of medium-lift rockets and a reusable space cargo plane it is developing, injecting more competition into the lucrative launch services market.