U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.
UniCredit has struck a deal to reduce its exposure to Turkey’s Yapi Kredi , three sources told Reuters, a move seen as a first step toward the Italian bank’s full exit from the recession-hit country.
Yahoo Finance’s Jessica Smith joins The Ticker to discuss the most recent developments on how the Trump administration is tackling the vaping crisis. …read more […]
The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war. Equity markets warmed to China’s renewed offer to reach a trade agreement with the United States. Xi said China wants to work out an initial pact and avoid a trade war. …read more […]
(Bloomberg Opinion) — To get Brooke Sutherland’s newsletter delivered directly to your inbox, sign up here.A once mighty engine of profit for Siemens AG and General Electric Co. isn’t dead just yet, but the business will remain a ghost of its former self. The market in question is gas turbines, equipment that sits at the heart of natural gas power plants and helps to generate electricity. A glut of capacity and the reduced cost of renewable energy tanked demand for these engines, sparking years of painful slides in profitability and massive rounds of cost-cutting. Recently, though, orders have started to …read more […]
EU countries on Friday endorsed a tough line for selecting 5G suppliers, including vetting the domestic legal framework to which they are subjected, potentially dealing a blow to telecoms equipment market leader Huawei Technologies.
Tesla’s stock is taking a dive after the automotive company revealed its first all-electric pickup truck. Yahoo Finance’s Melody Hahm joins Akiko Fujita on The Ticker to break down Tesla’s demo fail. …read more […]
A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019.
More overseas companies investigated by U.S. authorities for national security concerns have abandoned investments in the United States since President Donald Trump took office, a report showed on Friday, signaling headwinds for key sources of funding for U.S. companies.
After insisting for 15 years that the superjumbo is the future, Emirates airline has been forced by the demise of the A380 to embrace smaller wide-body jets, resulting in a flurry of maneuvers between planemakers at this week’s Dubai Airshow. The 555-seat A380 is near the end of production, setting off a series of interlocking deals as top buyer Emirates reviews its fleet against the backdrop of fragmenting travel demand. Delays in the 406-seat Boeing 777X also weighed in the shake-up. …read more […]
After insisting for 15 years that the superjumbo is the future, Emirates airline has been forced by the demise of the A380 to embrace smaller wide-body jets, resulting in a flurry of maneuvers between planemakers at this week’s Dubai Airshow.
The last three months have been tough on OrganiGram Holdings Inc. (TSE:OGI) shareholders, who have seen the share… …read more […]
A year after the U.S. stock market plunged, many investors believe conditions are in place to avoid another year-end pullback and possibly set the stage for a rally to finish off 2019. A more accommodative Federal Reserve compared with a year ago is an important argument for investors who are confident the market is unlikely to see a repeat of 2018’s swoon. Last year, investors were concerned the Fed was raising interest rates too quickly. …read more […]
British Airways and its pilots’ union BALPA have reached a preliminary agreement to end the pay dispute that resulted in the first walkout by pilots in the airline’s history, the union said on Friday.
He didn’t make the debate stage but Michael Bennet has some thoughts about the rest of the field. …read more […]
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