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Home2018

Year: 2018

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Business News

Canada to impose steel safeguards after U.S. tariffs

October 11, 2018 admin Comments Off on Canada to impose steel safeguards after U.S. tariffs

Canada will impose new quotas and tariffs on imports of seven categories of steel from all countries, the federal government said on Thursday, fresh measures to head off a potential rise in imports as overseas steelmakers shut out of the United States seek new customers.

…read more […]

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Business News

U.S. senators asks Google to explain delay in disclosing vulnerability

October 11, 2018 admin Comments Off on U.S. senators asks Google to explain delay in disclosing vulnerability

Three influential Republican U.S. senators on Thursday asked Alphabet Inc’s Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.

…read more […]

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Business News

Oil falls 3 percent as equity markets drop, inventories climb

October 11, 2018 admin Comments Off on Oil falls 3 percent as equity markets drop, inventories climb

Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by a bigger-than-expected build in U.S. crude inventories.

…read more […]

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Business News

Wall St. extends slide as Nasdaq flirts with correction

October 11, 2018 admin Comments Off on Wall St. extends slide as Nasdaq flirts with correction

Wall Street indexes extended their decline on Thursday as volatility spiked and investors shunned risky investments, and Nasdaq looked like it could confirm a correction.

…read more […]

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Instant View: U.S. share tumble continues, Nasdaq flirts with correction

October 11, 2018 admin Comments Off on Instant View: U.S. share tumble continues, Nasdaq flirts with correction

Wall Street indexes continued their decline on Thursday as investors continued to shun risky investments, and Nasdaq looked like it could confirm a correction.

…read more […]

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Business News

SEC in no rush to change quarterly reporting: chairman

October 11, 2018 admin Comments Off on SEC in no rush to change quarterly reporting: chairman

The head of the U.S. Securities and Exchange Commission said on Thursday the agency was in no rush to change quarterly reporting requirements for large public companies, two months after President Donald Trump ordered his agency to study the matter.

…read more […]

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U.S. banks need more than in-line third quarter to boost shares

October 11, 2018 admin Comments Off on U.S. banks need more than in-line third quarter to boost shares

Major U.S. banks, beginning on Friday, are expected to report earnings growth that exceeds that of the broader market, but that may not be enough to impress investors, who have been unimpressed by loan growth and are anticipating higher deposit rates and credit costs.

…read more […]

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Rising U.S. bond yields bring back Wall Street’s sinking feeling

October 11, 2018 admin Comments Off on Rising U.S. bond yields bring back Wall Street’s sinking feeling

For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.

…read more […]

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Business News

Call ’em crazy, but Fed officials likely to keep raising rates

October 11, 2018 admin Comments Off on Call ’em crazy, but Fed officials likely to keep raising rates

A stock sell-off, rising trade tension with China, slower global growth and verbal pressure from the White House are unlikely to dent the U.S. Federal Reserve’s rate hike plans in an economy performing in line with the central bank’s forecasts.

…read more […]

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Business News

Wall St. drops again, but tech bounce helps limit losses

October 11, 2018 admin Comments Off on Wall St. drops again, but tech bounce helps limit losses

Wall Street dropped on Thursday as investors continued to shun risky investments, but the decline was less severe than the brutal sell-off in the previous session as a bounce in some high-growth technology stocks helped limit losses.

…read more […]

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Business News

Oil falls 2.5 percent as equity markets drop, inventories climb

October 11, 2018 admin Comments Off on Oil falls 2.5 percent as equity markets drop, inventories climb

Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by a bigger-than-expected U.S. crude inventories build.

…read more […]

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Business News

U.S. business group says Trump China tariffs cost $1.4 billion/month

October 11, 2018 admin Comments Off on U.S. business group says Trump China tariffs cost $1.4 billion/month

A coalition of U.S. business groups fighting President Donald Trump’s trade tariffs has launched an advertisement aimed at telling voters ahead of the midterm elections that the measures are costing American businesses and consumers $1.4 billion a month.

…read more […]

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Business News

Exclusive: Top brewers raided by Indian watchdog in price-fixing probe – sources

October 11, 2018 admin Comments Off on Exclusive: Top brewers raided by Indian watchdog in price-fixing probe – sources

India’s antitrust watchdog raided the offices of three top beer companies on Thursday as part of an investigation of price-fixing allegations, three sources with direct knowledge of the matter told Reuters.

…read more […]

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Business News

Senators asks Google to explain delay in disclosing vulnerability

October 11, 2018 admin Comments Off on Senators asks Google to explain delay in disclosing vulnerability

Three influential Republican U.S. senators on Thursday asked Alphabet Inc’s Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.

…read more […]

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Business News

U.S. inflation slows in September, weekly jobless claims increase

October 11, 2018 admin Comments Off on U.S. inflation slows in September, weekly jobless claims increase

U.S. consumer prices rose less than expected in September, held back by a slower increase in the cost of rent and falling energy prices, as underlying inflation pressures appeared to cool slightly.

…read more […]

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