Business & Finance News
Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates as new regulations in India created uncertainty around one of its key growth markets, dimming the online retailer’s report of record holiday season profit.
President Donald Trump said on Thursday he will meet with Chinese President Xi Jinping soon to try to seal a comprehensive trade deal as the top U.S. trade negotiator reported “substantial progress” in two days of high-level talks.
President Donald Trump sees March 1 as a hard deadline to reach a trade deal with China, the White House said on Thursday, saying U.S. tariffs on Chinese goods will be hiked if an agreement is not reached by then.
Dubai’s Emirates is exploring switching some orders for the world’s largest jetliner, the Airbus A380, to the smaller A350 in a move raising new doubts about the future of Europe’s iconic superjumbo, people familiar with the matter said.
China’s leader Xi Jinping told U.S. President Donald Trump in a letter that he hopes both sides will be able to meet each other halfway to reach a trade agreement before a March 1 deadline.
Wall Street ascended on Thursday, with the S&P 500 wrapping up its biggest monthly increase since 2015 after strong earnings from Facebook Inc added to optimism after the Federal Reserve’s dovish remarks.
Brazilian planemaker Embraer SA signed a firm order with SkyWest for nine E175 jets, the company said in a securities filing on Thursday.
Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, even as sales for the holiday quarter hit a record and rose 20 percent.
Germany will pick either the Eurofighter or Boeing’s F/A-18 fighter jet to replace its Tornado warplanes, knocking Lockheed Martin’s F-35 stealth fighter out of a tender worth billions of euros, Defence Ministry sources said on Thursday.
Wall Street extended its rally on Thursday as strong earnings from Facebook Inc added to optimism after the Federal Reserve’s dovish remarks the previous day, while investors waited for the outcome of U.S.-China trade talks.
China’s leader Xi Jinping told U.S. President Donald Trump in a letter that he hopes both sides will be able to meet each other halfway to reach a trade agreement before a March 1 deadline, Trump said on Thursday.
E-commerce rules that went into effect in India on Friday caused widespread disruption for Amazon.com, forcing it to take down an array of items from its India website including Echo speakers, batteries and floor cleaners.
Global equity markets mostly rose on Thursday, propelled by Facebook’s upbeat earnings and the Federal Reserve’s pledge to be patient in raising borrowing costs further, while U.S. bond yields fell on indications of weaker-than-expected inflation.
Volkswagen’s Porsche unit said on Thursday it had informed German authorities of potential issues with its emissions data, following a report in Germany’s Der Spiegel that the figures for its 911 models of 2016 and 2017 were inaccurate.
President Donald Trump said on Thursday he wanted a “very big deal” U.S. trade deal with China, but signaled there could be delays if negotiations fail to meet his goals of opening the Chinese economy broadly to U.S. industry and agriculture.
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