Business & Finance News
WASHINGTON (Reuters) – President Donald Trump on Monday defended his decision to revisit penalties for Chinese company ZTE Corp for flouting U.S. sanctions on trade with Iran, saying the telecom maker is a big buyer for U.S. suppliers.
NEW YORK (Reuters) – Wall Street ended a choppy session slightly higher on Monday as weakness in defensive stocks offset trade optimism following U.S. President Donald Trump’s conciliatory remarks toward China’s ZTE Corp, calming the waters amid U.S.-China trade tensions.
NEW YORK (Reuters) – Home Depot Inc shares have climbed with the approach of spring weather, as some investors believe the retailer is well positioned to fend off the competitive threat of online retailers as the peak season for home improvement begins.
SAN FRANCISCO (Reuters) – Wall Street’s modestly-sized publicly listed companies are beating out the heavyweights. The Russell 2000 , which tracks U.S. small capitalization companies, on Monday slipped 0.2 percent, but earlier in the session rose to within less than two points of its previous record high of 1,615.5 points.
LONDON (Reuters) – Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel (Nornickel) by soccer club owner Roman Abramovich.
New York (Reuters) – Shares in gaming and casino companies jumped on Monday, led by Scientific Games Corp , as investors wagered on new business opportunities for the industry after the U.S. Supreme Court paved the way for states to legalize sports betting.
NEW YORK (Reuters) – Wall Street edged higher after pulling back from stronger gains on Monday as weakness in defensive stocks offset trade optimism after U.S. President Donald Trump’s conciliatory remarks toward China’s ZTE Corp indicated easing U.S.-China trade tensions.
WASHINGTON (Reuters) – The U.S. Commerce Department is exploring “alternative remedies” to punish Chinese telecommunication company ZTE Corp for flouting U.S. sanctions on trade with Iran after President Donald Trump intervened, Commerce Secretary Wilbur Ross said on Monday.
(Reuters) – Tesla Inc’s …read more […]
(Reuters) – CBS Corp filed a lawsuit on Monday to reduce the voting power of controlling shareholder National Amusements Inc, the movie theater company owned by Sumner and Shari Redstone, in an act of defiance aimed at thwarting the Redstones’ plan to merge CBS with Viacom Inc.
WASHINGTON (Reuters) – The U.S. auto safety agency wants to meet with 12 major automakers that failed to fulfill a December 2017 target deadline for completing repairs on the highest-priority vehicles with dangerous Takata air bag inflators.
(Reuters) – U.S. stocks rose on Monday on signs of easing trade tensions between the United States and China after President Donald Trump softened his stance on Chinese technology company ZTE Corp.
(Reuters) – Tesla Inc’s …read more […]
MOSCOW (Reuters) – Russian billionaire Viktor Vekselberg’s Renova Group received a credit line from Promsvyazbank last week to support the business after it was hit by U.S. sanctions, Russia’s finance ministry said on Monday.
(Reuters) – Tesla Inc’s …read more […]
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