August 6, 2019

Disney earnings miss forecasts as streaming costs rise

Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into the streaming media business it is […]
August 6, 2019

Wall Street climbs more than 1% after China moves on yuan

U.S. stocks jumped more than 1 percent on Tuesday, bouncing back from a sharp sell-off the previous day as China stepped in to stabilize the yuan, […]
August 6, 2019

DuPont considers sale of nutrition and biosciences unit – Bloomberg

Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter. Powered by […]
August 6, 2019

Brent oil in bear market as China-U.S. trade tensions mount

Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and […]
August 6, 2019

Trump dismisses trade war fears; China warns of market chaos

U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington’s decision to label it […]
August 6, 2019

HSBC Global Asset Management names Nicolas Moreau as CEO

HSBC Global Asset Management has appointed Nicolas Moreau as its new chief executive, the firm said in a statement on Tuesday, adding that he will join […]
August 6, 2019

China’s Tencent talking to Vivendi about stake in Lady Gaga’s label

China’s Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of […]
August 6, 2019

S&P 500 and Nasdaq set to snap six-day losing streak

U.S. stocks rose on Tuesday as China stepped in to stabilize the yuan, soothing concerns that currencies would be the latest weapon in the long-drawn trade […]
August 6, 2019

Stock markets mixed, U.S. climbs as currency war fears ease

World stock markets were mixed on Tuesday, with Wall Street making modest gains after China’s central bank stepped in to stabilize the yuan, soothing fears a […]
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