Articles by admin

Wimbledon’s Centre Court is the property of the All England Club, but on Tuesday it belonged to Serena Williams.

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U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings.

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A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and hopes dwindled over a hefty U.S. interest rate cut, while Mexico’s peso tumbled after the country’s finance minister resigned.

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Airbus confirmed on Tuesday that its deliveries rose by 28% in the first half of the year, putting it ahead of Boeing for the first time in eight years as the U.S. planemaker sees no immediate end to the grounding of its 737 MAX.

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U.S. and Chinese negotiators spoke by phone on Tuesday, continuing discussions to end a trade battle between the world’s two largest economies that has upended global supply chains and roiled financial markets.

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Japan and South Korea raised the stakes on Tuesday in a dispute that threatens to disrupt global supplies of smartphones and chips, with South Korea denouncing Japanese reports that it had transferred a sensitive chemical to North Korea.

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U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations to resolve outstanding trade issues, a U.S. official said.

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Japan denied imposing a trade embargo on South Korea on Tuesday, after a complicated diplomatic dispute that could disrupt global supplies of chips and smartphones erupted over forced labor in World War Two and banned trade with North Korea.

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Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges that he defrauded investors in Platinum’s hedge funds.

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Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand.

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Boeing Co is set to lose the title of being the world’s biggest planemaker after reporting a 37% drop in deliveries for the first half of the year due to the prolonged grounding of its best-selling MAX jets.

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The S&P 500 and the Dow Industrials edged lower on Tuesday, as investors worried over warnings of a hit to earnings from the U.S.-China trade dispute and reined in hopes of a steep interest rate cut this month.

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A diplomatic row between Japan and South Korea spilled over into a World Trade Organization meeting on Tuesday, where Seoul’s ambassador accused Japan of imposing illegal export controls due to a “damage of trust”, threatening to disrupt the global supply chain of electronic goods, a trade official said.

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A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave of consolidation in the next two years, industry executives and bankers say.

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British billionaire Richard Branson’s Virgin Galactic plans a stock market listing by the end of the year, giving it the much-needed funds to take on Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX in the race to space.

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