August 15, 2019

Oil deepens slide below $58 on recession fears, U.S. supply

Oil fell 3% to below $58 a barrel on Thursday, extending the previous session’s 3% drop, pressured by mounting recession concerns and a surprise boost in […]
August 15, 2019

China’s trade threats deal fresh blow to world stocks

China’s threat to impose counter-measures in retaliation for the latest U.S. tariffs knocked stocks sprawling on Thursday, checking earlier attempt to recover from a rout sparked […]
August 15, 2019

China says it must take counter-measures to latest U.S. tariffs

China has to take necessary counter-measures to the latest U.S. tariffs on $300 billion of Chinese goods, the finance ministry said on Thursday. Powered by WPeMatico
August 15, 2019

Bitcoin slumps to two-week low on technical trading, market jitters

Bitcoin extended losses on Thursday after suffering its worst day for a month on Wednesday, with traders citing factors ranging from technical trading to jitters in […]
August 15, 2019

Carlsberg half-yearly sales rise 6.5%

Carlsberg reported a 6.5% rise in half-year sales on Thursday, as the Danish brewer sold more expensive beer and its operating margins improved. Powered by WPeMatico
August 15, 2019

Global stocks routed, oil sinks as bond markets flash recession warning

Global stocks crumbled and oil prices extended a punishing sell-off on Thursday as an inverted U.S. bond yield curve intensified fears about a world recession. Powered […]
August 15, 2019

Boeing delays delivery of ultra-long-range version of 777X

Boeing Co has pushed back the entry into service of an ultra-long-range version of its forthcoming 777X widebody, the U.S. planemaker said on Wednesday, the latest […]
August 14, 2019

DoubleLine CEO Jeffrey Gundlach warns Fed rate cuts will not stop U.S. recession

Jeffrey Gundlach, chief executive of DoubleLine Capital, warned on Wednesday that rate cuts by the U.S. Federal Reserve were not going to stop a recession from […]
August 14, 2019

Trump officials see no Chinese concessions for tariff delays amid market rout

China made no trade concessions after U.S. President Donald Trump postponed 10% tariffs on over $150 billion worth of Chinese imports, senior U.S. officials said on […]
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