Business & Finance News
Grupo Aval , Colombia’s largest financial conglomerate, said on Tuesday it had received an inquiry from the United States Justice Department related to an investigation into a highway project where one of its subsidiaries partnered with Brazilian construction firm Odebrecht.
China-based music streaming company Tencent Music Entertainment Group has raised close to $1.1 billion in its U.S. initial public offering (IPO) after pricing its shares at the bottom of its targeted range, two sources said on Tuesday.
A Canadian court on Tuesday granted bail to a top executive of Huawei Technologies Co Ltd while she awaits an extradition hearing, following her arrest at the request of the United States.
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows.
China has agreed to cut tariffs on U.S.-built cars and auto parts to 15 percent from the current 40 percent, a Trump administration official said on Tuesday, setting the stage for a new talks aimed at easing the bitter trade war between the world’s two largest economies.
Two U.S. senators from Ohio on Tuesday asked General Motors chief executive Mary Barra to commit to building all future electric vehicles for U.S. buyers at home and to provide more details of plans to cut back on car production in North America.
Jeffrey Gundlach, chief executive of DoubleLine Capital, said Tuesday on an investor webcast that the Standard & Poor’s 500 Index is likely to go below its February 2018 lows.
The S&P 500 and the Dow closed marginally lower after volatile trading on Tuesday as investors swiveled their focus between China-U.S. trade talks, President Donald Trump’s threat to shut down the U.S. government and political uncertainty in Britain.
The United States is considering issuing a new warning to U.S. citizens, including business executives, traveling to China after Canada arrested a senior Huawei Technologies Co Ltd [HWT.UL] executive at Washington’s request, two sources said on Tuesday.
A gauge of global stock markets edged higher in volatile trade on Tuesday as investors waded through a chunk of geopolitical headlines, including threats by U.S. President Donald Trump to shut down the government over a funding fight and signs of a thaw in the U.S.-China trade battle.
The S&P 500 and Dow ended a volatile session down slightly on Tuesday as investor optimism over China-U.S. trade talks was offset by U.S. President Donald Trump’s threat to shut down the U.S. government and by political uncertainty in Britain.
Canada confirmed on Tuesday that one of its citizens was detained in China but said it saw no explicit connection to the arrest in Vancouver of a top executive at Chinese telecoms giant Huawei Technologies Co [HWT.UL].
The U.S. State Department expressed concern on Tuesday about reports a Canadian citizen has been detained in China following the arrest of Huawei Technologies’ [HWT.UL] chief financial officer in Canada, and it urged Beijing to end arbitrary detentions.
Wall Street’s three major indexes turned higher in a volatile session as investors appeared hopeful about China-U.S. trade talks, reversing an earlier slump that coincided with President Donald Trump’s threat to shut down the U.S. government.
McDonald’s Corp said on Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit.
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