NEW YORK (Reuters) – Profit reports from big manufacturers and other industrial firms arriving this week will provide investors with a crucial corporate gauge of the U.S. economy’s health and the fallout from trade tensions between Washington and Beijing. FILE PHOTO: A Wall St. street sign is seen near the New York Stock Exchange (NYSE)
Business
LONDON (Reuters) – A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement. FILE PHOTO: The German share price index DAX graph is pictured at the
HOBBS, N.M. (Reuters) – New Mexico oil man Johnny Vega laid out his predicament as his crew hoisted pipes from a well during the biggest oil boom in U.S. history. FILE PHOTO: Oil field worker, Miguel Holguin, operates a swabbing rig in a field in Seminole, TX, U.S. September 19, 2019. REUTERS/Adria Malcolm The son
FILE PHOTO: A Lyft bicycle is shown at the Lyft listing on the Nasdaq during an IPO event in Los Angeles, California, U.S., March 29, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Lyft Inc (LYFT.O), following its rival Uber’s (UBER.N) move, has sued New York City seeking to nullify a new rule limiting the time its
LOS ANGELES (Reuters) – A fierce, wind-driven wildfire swept through foothills and canyons along the northern edge of Los Angeles on Friday, engulfing homes, closing roads and devouring acres of dry brush and chaparral as 100,000 residents were forced to flee. At least one death was attributed to the fire, a man who authorities said
WASHINGTON (Reuters) – U.S. President Donald Trump on Friday outlined the first phase of a deal to end a trade war with China and suspended a threatened tariff hike, but officials on both sides said much more work needed to be done before an accord could be agreed. The emerging deal, covering agriculture, currency and
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., October 9, 2019. REUTERS/Brendan McDermid (Reuters) – U.S. stocks ended more than 1% higher on Friday, but below their session highs, after the announcement of a partial trade deal between the United States and China. The Dow
LONDON/TOKYO/NEW YORK (Reuters) – Some European and Japanese bond investors are taking on more currency risk by buying dollar debt without protecting themselves against potentially devastating exchange rate swings as they seek ways to compensate for sub-zero yields at home. FILE PHOTO: Passersby are reflected on an electronic board showing the exchange rates between the
FILE PHOTO: CEO Tim Cook speaks at an Apple event at their headquarters in Cupertino, California, U.S. September 10, 2019. REUTERS/Stephen Lam SAN FRANCISCO (Reuters) – Apple Inc (AAPL.O) Chief Executive Tim Cook on Thursday defended the iPhone maker’s decision to remove from its app store a police-tracking app used by protesters in Hong Kong,
SEOUL (Reuters) – Oil prices eased on Thursday on the expectations that the resumption of U.S.-China talks will not end the trade war between the world’s two largest oil consumers, exacerbating anxiety over the global economy and fuel demand. FILE PHOTO: Pumpjacks are seen against the setting sun at the Daqing oil field in Heilongjiang
NEW YORK (Reuters) – Stocks gained on Wednesday on a report that China could yet agree to a partial trade deal with the United States despite recent tensions, while the prospect of a last-minute Brexit agreement between the European Union and Britain seemed as remote as ever. Traders work on the floor at the New
SINGAPORE (Reuters) – Oil prices slipped for a third consecutive session on Wednesday as tensions escalated between the United States and China prior to this week’s trade talks, raising uncertainties for global economic growth and oil demand. FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma,
WASHINGTON/SHANGHAI (Reuters) – The U.S. government widened its trade blacklist to include some of China’s top artificial intelligence startups, punishing Beijing for its treatment of Muslim minorities and ratcheting up tensions ahead of high-level trade talks in Washington this week. The decision, which drew a sharp rebuke from Beijing, targets 20 Chinese public security bureaus
FILE PHOTO: China’s Vice Premier Liu He exits the office of the U.S. Trade Representative following a morning round of negotiations on the second day of last ditch trade talks in Washington, U.S., May 10, 2019. REUTERS/Leah Millis SHANGHAI (Reuters) – Chinese Vice Premier Liu He and top trade negotiator will be traveling to Washington
NEW YORK (Reuters) – Oil prices jumped on Monday as supply issues took center stage following a week of sharp losses, while stocks and the dollar drifted higher with eyes on the upcoming Sino-U.S. trade talks. FILE PHOTO: A trader works as a screen shows market data behind him at CMC markets in London, Britain,
FILE PHOTO: A company logo is pictured outside a Tesco supermarket in Altrincham northern England, April 16, 2016. REUTERS/Phil Noble/File Photo (Reuters) – Tesco’s (TSCO.L) financial arm confirmed on Monday that it has appointed John Kingman, the businessman who oversaw Britain’s bailout of its banks in the financial crisis, to its board as a non-executive