Business & Finance News
Before the U.S.-China trade war, American pig processors exported nine out of every 10 pigs’ feet and heads they shipped overseas to China and Hong Kong – for prices higher than they would fetch anywhere else.
Seventeen U.S. lawmakers have urged the CEOs of Facebook and Google to resist changes stipulated by a new cybersecurity law in Vietnam, which critics say gives the Communist-ruled state more power to crackdown on dissent.
Goldman Sachs Group Inc announced a new chief executive on Tuesday and reported a better-than-expected jump in quarterly profit, but investors focused on relatively weak performance in its main businesses.
U.S. Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of “several years” where the job market remains strong and inflation stays around the Fed’s 2 percent target.
U.S. Federal Reserve Chairman Jerome Powell, discounting the risk that a trade war may throw a global recovery off track, said the economy is on the cusp of “several years” where the job market remains strong and inflation stays around the Fed’s 2 percent target.
Rolls-Royce could start stockpiling parts in months if it looked like Britain was heading towards a disorderly exit from the European Union, the CEO of the UK engine-maker said, expressing frustration with the lack of clarity on the Brexit process.
U.S. stock indexes pared some losses on Tuesday after Federal Reserve Chairman Jerome Powell said in a Congressional testimony there were “several years” of strong jobs and low inflation still ahead for the U.S. economy.
Wall Street dipped on Tuesday as Netflix’s slump due to weak subscriber growth weighed on other high-growth stocks, while investors awaited Federal Reserve Chairman Jerome Powell’s Congressional testimony.
European planemaker Airbus said on Tuesday a U.S. airline start-up backed by investors including JetBlue founder David Neeleman had signed a provisional deal to buy 60 Airbus A220-300 aircraft.
Asda, the British supermarket arm of Walmart that has agreed to be taken over by rival Sainsbury’s , has proposed the closure of a home shopping center in London, putting 261 jobs at risk, it said on Tuesday.
U.S. industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in the second quarter.
European travel and tourism group TUI is likely to plump for the larger variant of the Boeing 737 MAX plane when it exercises options on an existing order, a board member said on Tuesday.
U.S. industrial production increased in June, boosted by a sharp rebound in manufacturing and further gains in mining output, the latest sign of robust economic growth in the second quarter.
Goldman Sachs Group Inc named David Solomon as its next chief executive officer on Tuesday, ushering in a new era for the Wall Street bank as it expands into different businesses and revamps familiar ones.
British Prime Minister Theresa May faces a battle in parliament on Tuesday, with pro-EU lawmakers hoping to influence her plans to leave the European Union a day after she bowed to demands from Brexit campaigners.
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