TOKYO (Reuters) – Asian stocks advanced on Thursday, tracking sharp gains on Wall Street as recent data from multiple sectors pointed to slowing economic growth in the United States, bolstering the prospect of rate cuts by the Federal Reserve. People look at an electronic board showing stock information at a brokerage house in Shanghai, China
SEATTLE/CHICAGO (Reuters) – Boeing Co said on Wednesday it would give $100 million over multiple years to local governments and non-profit organizations to help families and communities affected by the deadly crashes of its 737 MAX planes in Indonesia and Ethiopia. FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference
WASHINGTON/CHICAGO (Reuters) – U.S. consumers likely paid more for grills to cook their Independence Day hot dogs and burgers this year because of the U.S.-China trade war, but they will find some consolation in less costly meat for cookouts as tariffs curb U.S. exports. FILE PHOTO: A man grills outside Globe Life Park in Arlington,
(Reuters) – A federal appeals court on Wednesday ruled against Amazon.com Inc (AMZN.O) in a case that could expose the online retailer to lawsuits from customers who buy defective products from third-party vendors through its website. FILE PHOTO: The logo of Amazon is seen at the company logistics centre in Boves, France, January 19, 2019.
NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more dovish turn as a raft of data provided more evidence of a slowing economy. FILE PHOTO: Traders work on the floor at the New
(Reuters) – A U.S. judge on Wednesday ruled against Qualcomm Inc’s (QCOM.O) effort to block the implementation of a sweeping antitrust ruling against it as the mobile chip supplier pursues an appeal that could take more than a year to wind through the courts. FILE PHOTO: A sign on the Qualcomm campus is seen in
BRUSSELS (Reuters) – Facebook will face Austrian privacy activist Max Schrems next week at Europe’s top court in a landmark case that could affect how hundreds of thousands of companies transfer personal data worldwide as well as Europeans’ privacy rights. FILE PHOTO: Austrian lawyer and privacy activist Max Schrems prepares his laptop during a Reuters
FILE PHOTO: People walk past branches of ASDA and Sainsbury’s in Stockport, Britain April 30, 2018. REUTERS/Phil Noble/File Photo LONDON (Reuters) – The timescale for a possible stock market listing of UK supermarket group Asda, by its U.S. parent Walmart (WMT.N), is two to three years, Asda’s boss said on Wednesday. Walmart said in May
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid/File Photo NEW YORK (Reuters) – U.S. stocks rose on Wednesday, with each of the major indexes closing at a record high, as expectations grew that the Federal Reserve would take a more
FRANKFURT (Reuters) – Deutsche Bank (DBKGn.DE) is preparing to unveil a sweeping, multi-billion euro overhaul within days that would see the axe fall heaviest on investment bankers, sources familiar with the matter said on Wednesday. FILE PHOTO: People are silhouetted next to the Deutsche Bank’s logo prior to the bank’s annual meeting in Frankfurt, Germany,
(Reuters) – Shares of Tesla Inc jumped 8% on Wednesday after Chief Executive Officer Elon Musk made good on his promise of delivering record number of electric cars in the second quarter, quelling fears about demand for its sedans and SUVs. FILE PHOTO: A Tesla logo on a Model S is photographed inside of a
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019. REUTERS/Brendan McDermid/File Photo (Reuters) – The S&P 500 index hit a record high at the open on Wednesday, boosted by healthcare stocks, as bets of an interest rate cut were spurred by fears of
LONDON (Reuters) – Investors returned to bonds on Wednesday, setting off another slide in benchmark debt yields, amid fears of a global trade war and recession, bets central banks will cut interest rates and falling oil prices. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain, December 29,
FILE PHOTO: Walmart’s logo is seen outside one of the stores in Chicago, Illinois, U.S., November 20, 2018. REUTERS/Kamil Krzaczynski/File Photo (Reuters) – Walmart Inc (WMT.N) has discussed the potential sale of its unprofitable clothing brands Bonobos and Modcloth with buyers, online news portal Vox reported here on Wednesday, citing sources familiar with the matter.
FILE PHOTO: General view of the Renault automaker company headquarters is seen in Boulogne-Billancourt, near Paris, France November 21, 2018. REUTERS/Gonzalo Fuentes/File Photo PARIS (Reuters) – Police are searching Renault’s (RENA.PA) corporate headquarters in Boulogne-Billancourt, which a judicial source said was related to an ongoing investigation into ex-Renault boss Carlos Ghosn and his use of
FILE PHOTO: The Hewlett-Packard (HP) logo is seen as part of a display at the Microsoft Ignite technology conference in Chicago, Illinois, May 4, 2015. REUTERS/Jim Young/File Photo (Reuters) – Several technology companies, including HP Inc (HPQ.N), Dell Technologies (DELL.N) and Microsoft Corp (MSFT.O), are planning to shift substantial production capacity out of China, Nikkei