Wall Street was set to open lower on Tuesday after President Donald Trump said he would move ahead with more tariffs on Chinese goods, dampening optimism of resolving the ongoing trade spat at the upcoming G20 Summit.
The European Union called on Washington on Tuesday to start talking over ways of reforming the World Trade Organization to prevent a paralysis of the international body.
The chief executive of Germany’s Lufthansa said he expects the company to take part in more consolidation in the industry that will eventually leave three global carriers in Europe.
U.S. stock index futures dipped on Tuesday following a rally in the previous session after President Donald Trump said he would go ahead with additional tariffs on Chinese goods, dampening hopes of resolving the ongoing trade dispute.
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World stock markets fought to keep a rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week.
DBS , Southeast Asia’s largest bank, said it would almost double its Dubai private banking staff in its bid to triple revenue for those operations in the Middle East by 2023, capitalizing on a shift of investments towards Asia.
Oil prices steadied on Tuesday, depressed by record Saudi production but supported by expectations that oil exporters would agree to cut output at an OPEC meeting next week.
The chief executive of Germany’s Lufthansa said there are still too many airlines in Europe and he expects the company to be involved in more consolidation in the industry that will eventually leave three global carriers in the continent.
Japanese chat app operator Line Corp will set up a bank with Mizuho Financial Group Inc and also partner China’s Tencent Holdings Ltd to offer mobile payment services – plans which saw its stock rise 13 percent on Tuesday.
H&M , the world’s second-biggest fashion retailer, said on Tuesday it would close down its struggling independent brand Cheap Monday.
British and Dutch regulators on Tuesday fined ride-hailing service Uber [UBER.UL] for failing to protect customers’ personal information during a 2016 cyber attack involving millions of users.
A senior executive at Mitsubishi Motors Corp said on Tuesday its alliance with Nissan Motor and Renault SA can survive management upheaval, a day after it fired Carlos Ghosn as chairman citing financial misconduct.
Stock markets fought to keep a global rebound alive on Tuesday after U.S. President Donald Trump seemed to quash hopes of a trade truce with China, clouding what had been a bright start to the week.
Budget carrier Norwegian Air will launch its first flights to Brazil in 2019, the company said in a statement on Tuesday.
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