Luxembourg’s liberal Prime Minister Xavier Bettel said he was convinced that there would be a breakthrough in talks among EU leaders on the bloc’s top jobs on Tuesday, saying he hoped for the largest consensus possible.
Stocks eked out meager gains on Tuesday amid worries the global economy was faltering after data showed manufacturing activity slowed last month, weakening appetite for risk.
Asian shares wobbled on Tuesday, U.S. Treasury yields fell and gold rebounded as weak global factory activity reinforced fears about slowing growth, while doubts over whether the United States and China can pull off a trade deal also hurt sentiment.
Oil gained on Tuesday as producer club OPEC agreed to extend supply cuts until next March, although prices were pressured by worries demand could ease amid hints of a slowdown in the global economy.
U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany, although furniture retailer Conforama went the other way in cutting jobs.
Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece – his famed “Black Strat” Fender Stratocaster – that went for nearly $4 million to the owner of the U.S. National Football League’s Indianapolis Colts.
U.S. hog farmers lost hundreds of millions of dollars in export sales to China and Mexico after President Donald Trump launched his trade wars last year.
U.S. online retail giant Amazon said on Tuesday it will create 1,800 permanent contract positions this year in France, its largest European market after Britain and Germany.
Asian shares wobbled on Tuesday, U.S. Treasury yields fell and gold rose as weak global manufacturing activity reinforced worries about slowing growth while uncertainties over the prospect of a Sino-U.S. trade deal also hurt sentiment.
Oil prices drifted lower on Tuesday, as weak global data raised concerns about future demand for the commodity despite a positive boost from OPEC’s decision to extend supply cuts until next March.
Asian shares were choppy on Tuesday as weak global manufacturing activity reinforced worries about slowing world growth, while the initial enthusiasm over a Sino-U.S. trade truce gave way to uncertainty over whether the two nations can strike a durable deal.
Oil prices slipped on Tuesday as worries that a weakening global economy would dent demand for the commodity outweighed OPEC’s decision to extend supply cuts until next March.
The U.S. Trade Representative’s office on Monday released a $4 billion list of additional products that could be hit with tariffs in an ongoing dispute with the European Union over its subsidies on civil aircraft.
Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat profits sequentially and down from a year-earlier.
After an unusual number of explosions, several Brazilian power transmission companies have started removing a piece of equipment made by General Electric Co , a blow for GE’s Brazil unit as it battles competing suppliers from China and India.
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