Walmart told the U.S. government privately in January that India’s new investment rules for e-commerce were regressive and had the potential to hurt trade ties, a company document seen by Reuters showed.
The Dow Industrials crossed 27,000 points for the first time and the S&P 500 was near record highs on Thursday, lifted by technology and healthcare stocks and raised bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks.
Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, citing supply disruptions stemming from the U.S.-China trade war and also flooding in the central United States that hit marketing and transportation of grains.
Oil prices hit a six-week high on Thursday as oil rigs in the Gulf of Mexico were evacuated ahead of a storm, while an incident with a British tanker in the Middle East highlighted tensions in the region.
U.S. stocks opened higher on Thursday, lifted by technology stocks, extending a rally from the prior session that was powered by Federal Reserve Chairman Jerome Powell’s comments that bolstered the case for an interest rate cut this month.
U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in the costs of a range of goods and services, but that will likely not change expectations the Federal Reserve will cut interest rates this month.
U.S. stocks were set to open higher on Thursday, with healthcare shares in focus, a day after Wall Street’s main indexes touched new highs as comments from Federal Reserve chairman Jerome Powell cemented the case for an interest rate cut this month.
Commodities trader Cargill Inc [CARG.UL] reported a 41% slump in adjusted quarterly profit on Thursday, as the U.S.-China trade war led to supply disruptions and flooding in the central United States hit marketing and transportation of grains.
Fiat Chrysler plans to invest 700 million euros ($788 million) in an electric makeover of its iconic Fiat 500, a top executive said on Thursday, as the automaker seeks to move on from its failed bid to merge with France’s Renault .
U.S. stock index futures pared gains on Thursday after U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June, dimming hopes for an aggressive interest cut by the Federal Reserve this month.
Drugmaker Indivior Plc said on Thursday its former parent Reckitt Benckiser’s $1.4 billion settlement with authorities in the United States was separate to its ongoing legal proceedings.
Europe’s early stocks rally faded and global bond yields rose after jitters over corporate earnings and trade doused an early rally fueled by enthusiasm over Federal Reserve Chairman Jerome Powell cementing rate cut expectations.
The U.S. Justice Department is investigating whether Deutsche Bank AG violated foreign corruption or anti-money-laundering laws in its work for state fund 1Malaysia Development Berhad (1MDB), the Wall Street Journal said on Wednesday.
U.S. stock futures advanced on Thursday, a day after Wall Street’s main indexes touched new highs after dovish comments from Federal Reserve chairman Jerome Powell cemented the case for an interest rate cut this month.
Reckitt Benckiser has agreed to pay up to $1.4 billion to end U.S. federal investigations into the marketing of an opioid addiction treatment by its former business Indivior, lifting a cloud that has been hanging over the British company for years.
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