Business & Finance News
Wall Street extended its rally on Wednesday, with the S&P 500 and the Nasdaq hitting record highs for the fourth straight session as technology companies pushed indexes higher and promising trade negotiations stoked investor sentiment.
A major global stock index jumped to a 5-1/2-month high on Wednesday as optimism on the potential for U.S. trade deals cleared the path for technology stocks to resume their leadership mantle.
Apparel maker PVH Corp reported a 38 percent rise in second-quarter profit on Wednesday, helped by higher sales of its Calvin Klein and Tommy Hilfiger brands.
Mexico should seek exclusion from U.S. tariffs on steel imports before closing the renegotiation of the North American Free Trade Agreement (NAFTA), the country’s steel industry association CANACERO said in a statement on Wednesday.
Activist hedge fund Elliott believes Walt Disney’s deal to buy assets from Twenty-First Century Fox has valued Sky at more than $34 billion, higher than any of the current offers for the British broadcaster, Britain’s takeover regulator disclosed on Wednesday.
Mexico’s President Enrique Pena Nieto said on Wednesday that he is optimistic that the country will reach a trilateral deal on the North American Free Trade Agreement (NAFTA) with the United States and Canada.
An online army of skeptics and amateur sleuths that has spent years promoting bets against Tesla Inc senses an opportunity to renew pressure on the electric carmaker after the failure of Chief Executive Elon Musk’s plan to take it private.
U.S. President Donald Trump said on Wednesday that American and Canadian officials negotiating a revamped North American Free Trade Agreement (NAFTA) were probably set to meet a Friday deadline for an accord.
The S&P 500 and the Nasdaq hit record highs for the fourth straight session on Wednesday in a rally led by technology companies as investor sentiment was stoked by optimism over ongoing trade negotiations.
U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp [BNPPSS.UL] for attempted manipulation of the ISDAfix benchmark.
The agreements struck between the United States and Mexico on trade would allow President Donald Trump to impose punitive “national security” tariffs of up to 25 percent on imports of Mexican-made cars, sport utility vehicles and auto parts above certain volumes, auto executives and other sources said.
A major global stock index jumped to 5-1/2-month highs on Wednesday as optimism on the potential for U.S. trade deals cleared the path for technology stocks to resume their leadership mantle.
Canada said an agreement to salvage the trilateral North American Free Trade Agreement (NAFTA) is possible by a Friday deadline, but it will be hard work to resolve specific issues as talks with the United States entered a second day.
U.S. federal regulators on Wednesday ordered BNP Paribas to pay a $90 million civil penalty after settling charges against BNP Paribas Securities Corp [BNPPSS.UL] for attempted manipulation of the ISDAFIX benchmark.
Sinclair Broadcast Group Inc said on Wednesday it has filed a counterclaim in a Delaware court to Tribune Media Co’s lawsuit filed in early August against the company claiming a breach of contract.
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