Business News
Stock futures point lower as trade worries linger
(Reuters) – U.S. stock index futures slid on Wednesday on concerns that a worsening U.S.-China trade relationship could disrupt businesses and hurt corporate profits.
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Business News
Worsening trade row deepens chill felt by Chinese dealmakers seeking to do U.S. takeovers
HONG KONG (Reuters) – The rapidly deteriorating trade and investment relationship between Washington and Beijing is sending a further chill through Chinese dealmakers who have already seen the number of Chinese acquisitions of American assets take a big hit.
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General Mills: Fiscal 4Q Earnings Snapshot
On a per-share basis, the Minneapolis-based company said it had net income of 59 cents. Earnings, adjusted for one-time gains and costs, were 79 cents per share. The results beat Wall Street expectations. … …read more […]
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How Does AT&T Inc (NYSE:T) Fare As A Dividend Stock?
AT&T Inc (NYSE:T) has pleased shareholders over the past 10 years, paying out an average dividend of 6.00% annually. The company currently pays out a dividend yield of 6.31% toRead More… …read more […]
Business News
General Mills quarterly profit drops 13 percent
(Reuters) – Cheerios cereal maker General Mills Inc on Wednesday reported a 13 percent drop in quarterly profit due to higher input and freight costs.
Business News
Fujifilm threatens to compete against Xerox if partnership not renewed
(Reuters) – Fujifilm Holdings Corp on Wednesday threatened to compete against Xerox Corp in Asia-Pacific and challenge it in America and Europe if it failed to renew its technology agreement in 2021.
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Twitter puts a tighter squeeze on spambots
Twitter has announced a range of actions intended to bolster efforts to fight …read more […]
Business News
Bears prowl world markets, maul Chinese stocks as trade tensions simmer
LONDON (Reuters) – A 2 percent slide in Chinese equities on Wednesday and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade tensions with the United States, while global stocks slipped to approach two-month lows.
Business News
Oil rises on supply losses, U.S. push to isolate Iran
LONDON (Reuters) – Oil prices rose on Wednesday on a supply disruption in Canada, falling U.S. crude stocks, uncertainty over Libyan exports and after U.S. officials told importers to stop buying Iranian crude from November.
Business News
Oil prices rise on U.S. push to shut out Iran, supply disruptions
SINGAPORE (Reuters) – Oil prices rose on Wednesday as a supply disruption in Canada tightened the market and after U.S. officials told importers to stop buying Iranian crude from November.
Business News
Oil rises on supply disruptions, U.S. push to shut out Iran
SINGAPORE (Reuters) – Oil prices rose on Wednesday as a supply disruption in Canada tightened the market and after U.S. officials told importers to stop buying Iranian crude from November.
Business News
Asia shares sideswiped by China skid, oil extends gains
SYDNEY (Reuters) – Asian share markets were under stress on Wednesday as further falls in Chinese stocks and the yuan sent ripples across the region, while oil climbed as the United States leaned on allies to stop buying Iranian crude.
Business News
Trade war or not, China Inc already reining in American brands
SHANGHAI (Reuters) – As Beijing and Washington veer towards a full-blown trade war, American brands in China face what may be an even bigger threat: local rivals armed with innovative products and the Chinese government’s blessing.
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Tesla opens Model 3 orders to more people and trims prices
If you’re in line for a Model 3 then we have good news. The company has …read more […]
Business News
Short on workers, German companies offer more employee flexibility
BERLIN (Reuters) – German companies are so desperate to attract staff that they are falling over themselves to offer perks such as long holidays, shorter hours, flexible shifts and sabbaticals, even though employees here already work the fewest hours in the developed world.