U.S. stocks fell on Thursday, pressured by weak economic data and a drop in healthcare shares led by Johnson & Johnson, with investors keeping a close watch on U.S.-China trade talks.
Huawei will present a plan to address British security concerns about its equipment by the end of the first half of this year, a senior company executive said on Thursday, following criticism the Chinese firm has not moved fast enough to fix the issues.
Airbus has begun lining up tentative orders for a longer-range version of its A321 jetliner, seeking to exploit signs of hesitation at arch-rival Boeing over whether to develop a new model in a hotly contested niche of the airplane market.
Sweden’s and Estonia’s financial watchdogs have opened a joint investigation following a media report linking Swedbank to a Baltic money laundering scandal involving Danske Bank, they said on Thursday.
A long-speculated vehicle to be developed by Apple may turn out to be an electric van rather than a car, a German magazine reported on Thursday.
Shares of Nike Inc fell nearly 2 percent on Thursday, a day after a sneaker worn by emerging basketball star Zion Williamson split in half 33 seconds into a hotly anticipated game between Duke University and North Carolina.
U.S. stocks opened lower on Thursday after a batch of disappointing economic data, while investors tracked U.S.-China trade talks amid signs that the two countries were tackling some of the stickiest issues.
Swedish bank Swedbank said on Thursday it was appointing audit firm EY to carry out an external investigation after a media report linked the bank to a Baltic money laundering scandal involving Danske Bank.
U.S. Agriculture Secretary Sonny Perdue said on Thursday that he hopes the United States will ratify the U.S.-Mexico-Canada trade deal known as USMCA by summer, after Congress has a chance to understand the accord’s provisions.
Signs the United States and China were tackling some of the stickiest issues in their trade war kept world shares near a four-month high on Thursday, though it could not prevent a favorite Chinese proxy, the Aussie dollar, hitting the skids.
New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
U.S. President Donald Trump on Thursday called on U.S. telecommunications companies to boost their work to build faster 5G networks, saying they were lagging and at risk of being left behind other countries’ efforts.
U.S. stocks were set to open lower on Thursday after disappointing economic data, while investors tracked U.S.-China trade talks amid signs that the two countries were tackling some of the stickiest issues in their trade war.
Oil prices hovered around 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran, but were capped by slowing growth in the global economy.
U.S. stock index futures added to losses on Thursday, after new orders for key U.S.-made capital goods unexpectedly fell in the month of December, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
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