(Reuters) – U.S. stocks headed lower on Wednesday with technology bearing the brunt of falls soon after opening as investors worried over rising bond yields, corporate costs and rising trade tensions with China.
LIPETSK, Russia (Reuters) – French fries at McDonald’s restaurants from Moscow to Murmansk will be Russian from now on, as U.S. sanctions have spurred on a shift by the American fast-food chain to use local potatoes.
ANTALYA, Turkey (Reuters) – Qatar Airways made a “substantial” loss in its last financial year because of a regional dispute that has banned the airline from four Arab countries, its chief executive said on Wednesday without revealing the extent of the losses.
BRUSSELS (Reuters) – Anheuser-Busch InBev , the world’s largest brewer, is hopeful that the United States will grant permanent exemptions to aluminum imported from allies and wants U.S. Congress to look into price spikes that have already set in.
(Reuters) – The Dow opened slightly higher on Wednesday, boosted by Boeing’s 3.4 percent jump after strong results, while the Nasdaq and S&P 500 were little changed as U.S. bond yields climbed above the 3 percent level.
Tuesday’s narrow victory by Republican Debbie Lesko over a Democratic political newcomer sends a big message to Republicans nationwide: Even the reddest of districts in a red state can be in play this year. …read more […]
ZURICH (Reuters) – A commercial court in Vienna has issued a temporary injunction to stop ride-hailing service Uber from operating in Vienna, a taxi company that had sued Uber said on Wednesday.
WASHINGTON (Reuters) – President Donald Trump will meet with Apple Inc Chief Executive Officer Tim Cook on Wednesday, as the technology industry finds itself in the crosshairs of a U.S. trade spat with China, a manufacturing hub for the iPhone maker and other companies.
LONDON (Reuters) – Big investment banks should accept that simple may be better when it comes to new rules for capital requirements to protect them from trading risks, a top regulator said on Wednesday.
(Reuters) – Dow Jones Industrial Average futures erased losses on Wednesday after Boeing reported strong results and forecast, but concerns about rising U.S. bond yields and corporate costs continued to weigh on U.S. stocks.
(Reuters) – Boeing Co’s profit jumped by more than half in the first quarter, surging past Wall Street forecasts, and strong sales of commercial jets led it to raise its forecasts for cash flow and earnings after a record 2017.
FRANKFURT (Reuters) – Influential proxy adviser Glass Lewis has recommended shareholders in Deutsche Boerse vote against ratifying the actions of the management and supervisory boards at the exchange’s 2018 annual general meeting.
(Reuters) – U.S. equity futures pointed to a fifth day of losses for the main indexes on Wednesday, spooked by a rise in bond yields and nerves ahead of earnings from scandal-hit Facebook.
(Reuters) – China’s ZTE Corp said on Wednesday it planned to take “certain actions” under U.S. laws following a ban by the U.S. government on American firms doing business with the company.
(Reuters) – Boeing Co on Wednesday reported a higher-than-expected quarterly profit and raised its full-year forecast for earnings per share and cash flow, boosted by strong demand for air travel.
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