U.S. home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market.
Johnson & Johnson on Tuesday forecast 2019 sales that fell short of analysts’ estimates and said it expected further pressure on U.S. prescription drug prices, weighing on the broader pharmaceutical sector.
The U.S. Justice Department said on Tuesday that it will pursue the extradition of Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, arrested in Canada in December on allegations that she participated in a conspiracy to defraud banks.
Canada has not asked the United States to abandon its bid to have Huawei executive Meng Wanzhou extradited, Canada’s Foreign Minister Chrystia Freeland said on Tuesday in an interview with Bloomberg TV.
German companies BMW and Daimler will name their combined ride-hailing and car-sharing firm “Jurbey”, a source familiar with the matter said on Tuesday.
Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing claims by several U.S. states over the company’s metal-on-metal hip implants.
Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing claims by several U.S. states over the company’s metal-on-metal hip implants.
U.S. stocks fell more than 1 percent on Tuesday and were on course to end a four-day rally on fears of slowing global growth after the International Monetary Fund trimmed its outlook and weak forecasts by companies, including Johnson & Johnson.
Carrefour , Europe’s largest retailer, said on Tuesday that sales growth slowed in the fourth quarter, as 10 weeks of anti-government protests hurt hypermarket sales in its core French market.
Loss-making carmaker Bentley is on track to be profitable this year but a no-deal Brexit puts that at “fundamental risk”, its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed “fairly low.”
Crude prices tumbled more than 3 percent on Tuesday over concerns that China’s slowing economy could curtail fuel demand worldwide as forecasters predicted weaker global growth amid the U.S.-China trade war.
A gauge of global stock markets fell on Tuesday, putting a four-session winning streak in jeopardy, as concerns over global growth spurred investors to look towards safe-haven assets such as the Japanese yen and government bonds.
China’s Huawei Technologies wants a quick resolution of the case of its former finance chief Meng Wanzhou, who is accused of violating U.S. sanctions on Iran and has been detained in Canada, its chairman said on Tuesday.
James Dyson, the billionaire Brexit supporter who revolutionized vacuum cleaners with his bagless technology, is moving his corporate office and tax registration to Singapore from Britain to be closer to his fastest growing markets.
U.S. home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market.
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