Business & Finance News
U.S. manufacturing activity accelerated to more than a 14-year high in August, boosted by a surge in new orders, but growing concerns over rising raw material costs as a result of import tariffs could restrain further growth.
U.S. stocks tumbled on Tuesday as a drop in heavyweights Facebook and Nike added to worries over trade negotiations between the United States and other major economies.
U.S. stocks opened lower on Tuesday, the first trading day in September, as declines in heavyweights such as Nike and Facebook added to worries over trade negotiations between United States and other major economies.
Ford Motor Co reported a nearly 4.1 percent rise in U.S. auto sales in August, helped by higher demand for its sport utility vehicles and pickup trucks.
Toyota Motor Corp on Tuesday reported a 2 percent fall in U.S. auto sales in August, hurt by a slump in sales for its passenger cars.
Shares of Nike Inc fell 3 percent on Tuesday as calls for a boycott of the sportswear giant gained traction on social media following its choice of Colin Kaepernick as a face for the 30th anniversary of its “Just Do It” slogan.
U.S. stocks were set to open lower on Tuesday, as declines in heavyweights such as Nike and Facebook added to worries over trade negotiations between United States and other major economies, following the Labor Day weekend.
Chinese retailer JD.com Inc’s stock fell about 3.6 percent in early trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released.
A rebound in Chinese shares and a rally in Italian bonds failed to keep Europe’s spirits up on Tuesday, as a renewed burst of dollar strength and news South Africa had slumped into recession ramped up the pressure on emerging markets again.
Lockheed Martin will build wings for its F-16 combat plane in India with its local partner, Tata Advanced Systems Limited, an executive at the U.S. company said on Tuesday.
Shares of Nike Inc fell nearly 2 percent on Tuesday as calls for a boycott of the sportswear giant gained traction on social media after it chose Colin Kaepernick as a face for adverts marking the 30th anniversary of its “Just Do It” slogan.
Lockheed Martin will build wings for its F-16 combat plane in India with its local partner, Tata Advanced Systems Limited, an executive at the U.S. company said on Tuesday.
Chinese retailer JD.com Inc’s stock fell nearly 3 percent in premarket trading on Tuesday after the firm’s CEO was arrested in the United States on suspicion of criminal sexual conduct and later released.
Bayer is considering job cuts and outsourcing as part of a wide-ranging review of drug research and development that will last until at least November, a person familiar with the company told Reuters.
Bayer is considering job cuts and outsourcing as part of a wide-ranging review of drug research and development that will last until at least November, a person familiar with the company told Reuters.
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