U.S. stocks rose on Tuesday as technology stocks bounced back after a steep selloff in the previous session and hopes of progress in the U.S.-China trade talks boosted industrials, even though a decline in Apple Inc curbed gains.
Chinese carmaker Zotye Automobile said on Tuesday that it plans to begin selling SUVs in the United States in 2020.
Senior German officials are planning a last-ditch drive to convince the government to consider excluding Chinese firms such as Huawei from building the country’s 5G infrastructure amid concerns this could compromise national security.
Franklin Templeton Investments entered the $67 billion Israeli retail market on Tuesday after the government allowed foreign firms to offer offshore products directly to investors.
Amazon.com Inc said on Tuesday it will build offices for up to 25,000 people in New York City’s Queens borough and in Northern Virginia, near Washington, D.C., ending a year-long bidding war for a $5 billion second headquarters that will now be split in two.
The U.S. decision to cut off a Chinese state-backed chipmaker from U.S. suppliers amid allegations the firm stole intellectual property breaks World Trade Organization rules and aims to protect a U.S. monopoly, China told a WTO meeting on Tuesday.
The S&P 500 and the Nasdaq opened higher on Tuesday, boosted by a rebound in technology stocks and hopes of progress in the U.S.-China trade talks, while losses in Boeing Co and Home Depot Inc weighed on the Dow.
U.S. stocks were set to open higher on Tuesday, as strong results from Home Depot Inc and hopes of progress in the U.S.-China trade talks helped Wall Street’s recovery from a technology-driven selloff.
General Electric Co is selling a part of its stake in oilfield services provider Baker Hughes , the U.S. industrial conglomerate said on Tuesday, its latest move to raise cash and repay debt.
Thomson Reuters Corp said on Tuesday it has appointed Michael Friedenberg as President of Reuters news and media operations, who previously served as the chief executive of IDG Communications.
Boeing Co delivered 43 of its best-selling 737 single-aisle aircraft in October up from 37 a year ago, helped by another month of strong demand in a booming jet aircraft market.
Johnson Controls International Plc said on Tuesday it would sell its power solutions business, which makes car batteries, to investment firm Brookfield Business Partners L.P., in a cash transaction valued at $13.2 billion.
OPEC built a case on Tuesday for cutting oil output when it meets next month, warning that a supply glut could emerge in 2019 as the world economy slows and rivals increase production more quickly than expected.
U.S. activist hedge fund Elliott Management said on Tuesday Hyundai Motor Group was “grossly overcapitalized” and shareholder returns from the Korean automotive group were lagging industry standards.
Big Oil is today in a spending sweet spot as years of cost cuts and rising oil prices converge but investments will need to rise after 2020 to boost output, BlackRock, the world’s largest asset manager, said on Tuesday.
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