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Home2019May

Month: May 2019

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Business News

Tyson Foods beats profit estimates, eyes fatal hog disease

May 6, 2019 admin Comments Off on Tyson Foods beats profit estimates, eyes fatal hog disease

Tyson Foods Inc said on Monday that quarterly profits beat Wall Street estimates and projected the meat company could reap significant gains from an incurable hog disease spreading across Asia.

…read more […]

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Business News

IKEA opens central Paris store to cater for changing tastes

May 6, 2019 admin Comments Off on IKEA opens central Paris store to cater for changing tastes

IKEA opened its first store in the heart of Paris on Monday, its latest step in developing a new range of shops designed to meet changing customer habits.

…read more […]

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Business News

Occidental: Skipping shareholder merger vote will make its Anadarko bid superior to Chevron’s

May 6, 2019 admin Comments Off on Occidental: Skipping shareholder merger vote will make its Anadarko bid superior to Chevron’s

Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko’s board considers its offer superior to one from Chevron Corp .

…read more […]

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Business News

Stocks reel as Trump tweets on China unnerve markets

May 6, 2019 admin Comments Off on Stocks reel as Trump tweets on China unnerve markets

European stocks tumbled to a one-month low and German bond yields slipped below zero on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets.

…read more […]

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Business News

China trade team still plans on U.S. talks as Trump vows to raise tariffs

May 6, 2019 admin Comments Off on China trade team still plans on U.S. talks as Trump vows to raise tariffs

China said on Monday that a delegation was still preparing to go to the United States for trade talks, even as U.S. President Donald Trump dramatically increased pressure on Beijing to reach a deal, saying he would hike tariffs on Chinese goods this week.

…read more […]

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Business News

Stock futures tumble as Trump’s China tariff threat rattles investors

May 6, 2019 admin Comments Off on Stock futures tumble as Trump’s China tariff threat rattles investors

Wall Street was set to open sharply lower on Monday after President Donald Trump in a surprising move threatened to hike tariffs on Chinese goods this week, reigniting fears of a global slowdown and shattering a period of relative calm in markets.

…read more […]

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Business News

Trump slams China on trade, says won’t lose to Beijing

May 6, 2019 admin Comments Off on Trump slams China on trade, says won’t lose to Beijing

U.S. President Donald Trump on Monday slammed China over its trade practices, saying the United States was losing billions to Beijing and vowing to protect American commerce as tension escalated following his weekend threat to hike tariffs.

…read more […]

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Business News

Warren Buffett says U.S.-China trade war ‘bad for the whole world’

May 6, 2019 admin Comments Off on Warren Buffett says U.S.-China trade war ‘bad for the whole world’

Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.”

…read more […]

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Business News

Volkswagen approaches potential buyers of MAN Energy Solutions unit: sources

May 6, 2019 admin Comments Off on Volkswagen approaches potential buyers of MAN Energy Solutions unit: sources

Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, a unit which makes large diesel engines used in ships and power generators, people close to the matter said.

…read more […]

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Business News

Tyson Foods quarterly sales beat estimates

May 6, 2019 admin Comments Off on Tyson Foods quarterly sales beat estimates

Tyson Foods Inc beat analysts’ estimates for quarterly sales on Monday, powered by higher beef sales.

…read more […]

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Business News

Warren Buffett says trade war would be ‘bad for the whole world’

May 6, 2019 admin Comments Off on Warren Buffett says trade war would be ‘bad for the whole world’

Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.”

…read more […]

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Business News

Trump slams China on trade, says not going to lose to Beijing

May 6, 2019 admin Comments Off on Trump slams China on trade, says not going to lose to Beijing

U.S. President Donald Trump on Monday slammed China on trade, saying the United States was losing billions to Beijing and vowing to protect American commerce.

…read more […]

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Business News

Kraft Heinz to restate certain financial reports after investigation

May 6, 2019 admin Comments Off on Kraft Heinz to restate certain financial reports after investigation

Kraft Heinz Co will restate financial reports for certain periods to fix errors that resulted from lapses in its procurement practices by some employees, the packaged food company said in a filing on Monday.

…read more […]

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Business News

Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct

May 6, 2019 admin Comments Off on Kraft Heinz to restate 2016, 2017 financial reports after employee misconduct

Kraft Heinz Co will restate its financial statements for the years 2016 and 2017 to fix accounting errors that resulted from misconduct of several employees of the packaged food company’s procurement area, the company revealed in a filing on Monday.

…read more […]

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Business News

Futures sink after Trump escalates China tariff threat

May 6, 2019 admin Comments Off on Futures sink after Trump escalates China tariff threat

U.S. stock index futures plunged on Monday after President Donald Trump shocked investors by threatening to hike tariffs on $200 billion worth of Chinese goods, raising fears of a global slowdown and halting a relative period of calm in the markets.

…read more […]

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