(Reuters) – The S&P 500 and the Nasdaq indexes held on to gains on Wednesday as traders awaited the Federal Reserve’s December policy statement for clues on the domestic economy’s strength, while the Dow Jones index was pressured by losses in Boeing and Home Depot. FILE PHOTO: Traders work on the floor at the New
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(Reuters) – Lawyers for Huawei’s chief financial officer have won a court battle after a judge asked Canada’s attorney general to hand over more evidence and documents relating to the arrest of Meng Wanzhou, according to a court ruling released on Tuesday. FILE PHOTO: Huawei Technologies Chief Financial Officer Meng Wanzhou leaves her home to
WASHINGTON/MEXICO CITY (Reuters) – Canada, Mexico and the United States have agreed to a fresh overhaul of their quarter-century-old regional trade pact after negotiators approved changes to a preliminary deal struck last year, and officials will sign the new agreement on Tuesday. Mexico’s President Andres Manuel Lopez Obrador attends a news conference at the National
NEW YORK (Reuters) – December is always a month of suspense on Wall Street, as dealmakers, traders and money managers at big U.S. banks wait to find out how much they will receive in bonuses. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S.,
NEW YORK (Reuters) – Global equity markets advanced on Monday as stocks on Wall Street held near record highs on hopes U.S.-Sino talks delay a U.S. tariff deadline this coming Sunday, while gold rose as investors hedged against a possible escalation in the trade war. FILE PHOTO: A trader works on the floor at the
WASHINGTON (Reuters) – A new analysis of where “innovation” jobs are being created in the United States paints a stark portrait of a divided economy where the industries seen as key to future growth cluster in a narrowing set of places. FILE PHOTO: Job seekers attend a large career fair at Rutgers University in New
FILE PHOTO: A company logo is pictured outside a Tesco supermarket in Altrincham northern England, April 16, 2016. REUTERS/Phil Noble/File Photo LONDON (Reuters) – Britain’s biggest supermarket chain Tesco (TSCO.L) said on Sunday it had started a review of its businesses in Thailand and Malaysia, including looking at a possible sale. Celebrating its 100th anniversary,
FILE PHOTO: Containers are seen at the Yangshan Deep Water Port in Shanghai, China August 6, 2019. REUTERS/Aly Song BEIJING (Reuters) – China’s exports in November shrank for the fourth consecutive month, customs data showed on Sunday, confounding market expectations for a rise and underscoring persistent pressures on manufacturers from the Sino-U.S. trade dispute. The
(Reuters) – Institutional Shareholder Services said on Friday it recommends shareholders vote against a plan by the chairman of Hudson’s Bay Co (HBC.TO) to take the Saks Fifth Avenue owner private after the bid was topped by an offer from Catalyst Capital Group Inc. FILE PHOTO: U.S. flags fly outside of Saks Fifth Avenue in
(Reuters) – Elon Musk’s daring has left its mark on electric cars and rockets, and now experts say the entrepreneur may have reshaped U.S. defamation law with his willingness to defend at a high-stakes trial a lawsuit over an off-the-cuff tweet. FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk arrives on the red carpet
LONDON (Reuters) – World shares ticked up on Friday, buoyed by comments from U.S. President Donald Trump that talks aimed at dialling down the damaging trade war with China were “moving right along”. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29, 2017. REUTERS/Toby Melville Trump’s
NEW YORK (Reuters) – Wall Street eked out slight gains on Thursday as investors waited for concrete news on a hoped-for interim trade deal between the United States and China before a new round of tariffs scheduled to kick in on Dec. 15. Tech stocks led all three major U.S. stock averages marginally into the
At a time when advocating for women’s empowerment and gender equality was considered something not so cool and women involved in it were ceremonially lynched, Simonetta Lein has been actively involved in advocating for women’s empowerment, the girl-child and gender equality. Lein, a social media influencer, activist and columnist has used her power, influence and
SEOUL/WASHINGTON (Reuters) – South Korea’s LG Chem (051910.KS) said on Thursday it would invest $916 million in its U.S. subsidiary by 2023 to set up an electric vehicle battery joint venture with General Motors (GM.N). FILE PHOTO: The GM logo is seen at the General Motors Lansing Grand River Assembly Plant in Lansing, Michigan October
(Reuters) – Exercise bike and treadmill maker Peloton Interactive Inc’s (PTON.O) latest Christmas advertisement has been widely criticized on social media as being “sexist” and “dystopian”. An actor is pictured in this screengrab from “The Gift That Gives Back” exercise bike commercial by Peloton obtained December 4, 2019. Peloton via REUTERS The advertisement, called “The
FILE PHOTO: Google CEO Sundar Pichai speaks during signing ceremony committing Google to help expand information technology education at El Centro College in Dallas, Texas, U.S. October 3, 2019. REUTERS/Brandon Wade SAN FRANCISCO (Reuters) – Google Chief Executive Sundar Pichai will replace Larry Page as CEO of parent Alphabet Inc (GOOGL.O), the company said in