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 […]
August 6, 2019

Mastercard to buy part of payments company Nets for $3.19 billion

Payments processor Mastercard Inc said on Tuesday it would buy a majority of the corporate services businesses of Scandinavian payments group Nets for about 2.85 billion […]
August 6, 2019

Luxury department store Barneys files for bankruptcy protection

U.S. luxury department store chain Barneys New York Inc filed for Chapter 11 bankruptcy on Tuesday and put itself up for sale after facing soaring rents […]
August 6, 2019

Trump vows to help farmers as China halts U.S. agricultural purchases

U.S. President Donald Trump on Tuesday vowed to protect American farmers against China by signaling to provide further aid if needed, a day after Chinese firms […]
August 6, 2019

Snap to raise $1 billion to invest in AR, possible acquisitions

Snap Inc on Tuesday said it will raise $1 billion in short-term debt and plans to invest in more media content, augmented reality features and may […]
August 6, 2019

Tech leads Wall Street rebound after worst day of 2019

U.S. stocks bounced back on Tuesday, led by gains in technology shares, as China stepped in to stabilize the yuan, a day after Wall Street’s main […]
August 6, 2019

CBS, Nexstar to renew affiliation agreement in multi-year deal

CBS Corp said on Tuesday it reached a multi-year agreement with Nexstar Media Group Inc to renew CBS network affiliations for Nexstar stations. Powered by WPeMatico
August 6, 2019

Exclusive: China warns India of ‘reverse sanctions’ if Huawei is blocked – sources

China has told India not to block its Huawei Technologies [HWT.UL] from doing business in the country, warning there could be consequences for Indian firms operating […]
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