The dollar stayed strong but stocks wobbled and metal markets buckled badly on Thursday, as signs that China was resorting to credit-fuelled stimulus again helped drive its currency to a one-year low.
White House trade adviser Peter Navarro told CNBC on Thursday that U.S. President Donald Trump’s trade strategy with China, which includes levying new tariffs that have sparked a trade clash, is not as disruptive as many describe.
Disappointing earnings from eBay and American Express pushed U.S. stock index futures lower on Thursday, while trade tensions rose on news the European Union is preparing to retaliate if United States slaps tariffs on EU cars.
On a per-share basis, the New York-based company said it had net income of $1.41. The results surpassed Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research … …read more […]
Blackstone Group LP , the largest manager of alternative assets such as private equity and real estate, said on Thursday second-quarter earnings per share rose 55 percent from one year ago.
White House trade adviser Peter Navarro on Thursday told CNBC that U.S. President Donald Trump’s trade strategy with China, which includes levying new tariffs that have sparked concerns of a trade war, is not as disruptive as many describe.
The European Union’s trade commissioner said on Thursday she hopes an EU mission to Washington will ease a transatlantic trade dispute but the bloc is preparing a list of U.S. imports to hit if the United States imposes tariffs on EU cars.
Audi’s suspended Chief Executive Rupert Stadler has appealed to a court to be released from custody after spending the past month in jail, the Munich prosecutor’s office said on Thursday.
Saudi Aramco said on Thursday it is looking to buy a strategic stake in Saudi petrochemical maker SABIC , a move that could boost the state oil giant’s market valuation ahead of a planned initial public offering.
AirAsia Group expanded an order for A330neo passenger jets, adding 34 aircraft to an existing order to bring the total to 100 long-haul wide-body jets worth $30 billion at list prices.
Air France-KLM and its stakeholder and business partner China Eastern Airlines announced plans on Thursday to broaden their joint venture to take in new routes.
Norway’s sovereign wealth fund, the world’s largest, has bought a logistics property in the U.S. state of California with its property partner Prologis, it said on Thursday.
Airbus was set on Thursday to win a much-needed endorsement for the A330neo from its largest buyer as AirAsia prepared a long-distance finale to the Farnborough Airshow.
Hawaiian Airlines said on Thursday it would buy 10 787-9 widebodies from Boeing Co with purchase rights for up to 10 more 787 aircraft, putting pressure on rival Airbus to defend its A330neo jet against the Boeing series.
The European Union is preparing a list of counter-measures to potential U.S. tariffs on European cars, European Trade Commissioner Cecilia Malmstrom said on Thursday, adding she hoped an EU visit to Washington could help ease tensions.
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