Business & Finance News
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Federal Reserve policymakers broadly agree that U.S. interest rates should rise further this year and next, despite U.S. President Donald Trump’s displeasure with such a plan, two policymakers’ comments underscored on Thursday.
Oil and copper prices edged lower on Thursday as the U.S.-China trade dispute escalated while global equity markets fell as gains in U.S. technology shares failed to offset declines in commodity-related and trade-sensitive stocks.
General Mills Inc agreed to stop calling the oats in its Nature Valley granola bars 100 percent natural to settle a lawsuit by three consumer groups that said the bars contained small amounts of the pesticide commonly known as RoundUp.
HP Inc , which houses the hardware business of former Hewlett-Packard Co, reported a 26.4 percent rise in quarterly profit on Thursday, due to strength in its personal systems that sells notebooks and desktops.
Wall Street’s major indexes fell on Thursday as trade-sensitive stocks were hit by a new round of tariffs in the trade dispute between the United States and China.
The S&P 500 and Dow Industrials moved lower on Thursday as trade-sensitive stocks were hit by a fresh round of tariffs in the ongoing trade dispute between the United States and China.
The United States and China escalated their acrimonious trade war on Thursday, implementing punitive 25 percent tariffs on $16 billion worth of each other’s goods, even as mid-level officials from both sides resumed talks in Washington.
The S&P 500 treaded water on Thursday as gains in technology stocks were offset by declines in commodity-related and trade-sensitive sectors after the U.S.-China trade war escalated with a fresh round of tariffs.
Alibaba Group Holding Ltd , China’s biggest e-commerce firm, topped first-quarter revenue estimates on Thursday, but said investments in its food delivery business would continue to weigh on profits.
British Airways and Air France said on Thursday they would halt flights to Iran from September for business reasons, months after U.S. President Donald Trump announced he would re-impose sanctions on Tehran.
Britons living in the European Union could lose access to their UK bank account services and businesses on the continent could be cut off from investment banks in London if there is a no-deal Brexit, the British government said on Thursday.
Oil and copper prices slipped on Thursday as the U.S.-China trade dispute escalated while global equity markets traded slightly lower as gains in U.S. technology shares offset declines in commodity and trade-sensitive shares.
Britain could be barred from exporting some food to the European Union for months if it leaves the bloc without a deal, the National Farmers Union said on Thursday after the government published reports on that scenario.
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