The S&P 500 and the Nasdaq extended a rally on Thursday, as strong earnings from Facebook Inc added to optimism following the Federal Reserve’s dovish remarks, while investors waited for the outcome of the U.S.-China trade talks.
Time is running out for Deutsche Bank to turn around on its own, making a merger with rival Commerzbank more likely, two people with knowledge of the matter said on Thursday.
United Parcel Service Inc’s multi-billion-dollar effort to revamp its network helped it exceed profit expectations in the crucial holiday fourth quarter, driving down costs as e-commerce deliveries surged to record levels.
Fiat Chrysler Automobiles NV said Thursday it is cancelling two additional shifts at its Warren Truck and Sterling Heights Assembly plants after CMS Energy Corp made an emergency appeal to users to conserve natural gas following a fire at a compressor station and during extreme winter cold.
Unilever is stockpiling ice creams in Britain and deodorants in continental Europe to guard against potential supply disruptions in the event of a no-deal Brexit.
U.S. President Donald Trump said on Thursday he thinks the United States will be able to strike a deal with China, as Chinese Vice Premier Liu He visits Washington for trade talks in a bid to ease tensions between the two economies.
Sprint Corp on Thursday posted third-quarter revenue that beat estimates while the U.S. wireless carrier lost fewer customers than expected even as it cut back on price promotions to improve financials.
President Donald Trump expressed optimism about forging a comprehensive trade deal with China as high-level talks continued on Thursday, but said any arrangement that fails to open Chinese markets broadly to U.S. industry and agriculture would be unacceptable.
The United States wants to steer people away from Huawei towards Western products because of its concerns over the security of the Chinese company’s technology, the U.S. envoy to the European Union said on Thursday.
Global equity markets mostly rose on Thursday, propelled by Facebook’s stellar earnings and the Federal Reserve’s pledge to be patient in raising borrowing costs further, while U.S. bond yields fell on indications of weaker than expected inflation.
President Donald Trump expressed optimism about forging a comprehensive trade accord with China as high-level talks continued on Thursday, but said any arrangement that fails to open Chinese markets broadly to U.S. industry and agriculture would be unacceptable.
United Parcel Service Inc’s multi-billion-dollar effort to revamp its network helped it deliver better-than-expected profit in the crucial holiday fourth quarter, driving down costs as e-commerce deliveries surged to record levels.
The United States wants to steer people away from Huawei towards Western products, the U.S. envoy to the European Union said on Thursday, adding that there exists a great deal of classified evidence of security breaches by the Chinese telecoms gear provider.
Marlboro maker Altria Group Inc said on Thursday e-cigarette maker Juul Labs Inc posted more than $1 billion in revenue in 2018, up from about $200 million a year earlier, the first official growth figures for the controversial vaping product.
The United States wants to steer people away from Huawei towards Western products, the U.S. envoy to the European Union said on Thursday, adding that there exists a great deal of classified evidence of security breaches by the Chinese telecoms gear provider.
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