September 7, 2018

World stock markets fall on trade fears and rate hike worries

World share indexes registered their biggest weekly declines in almost six months in a volatile session on Friday as investors weighed solid U.S. economic data against […]
September 7, 2018

Kraft Heinz sees rising costs, still weighing M&A deal: CEO

Kraft Heinz Co is feeling the pinch from trade conflicts and rising costs, but is still willing to consider an acquisition to fuel growth, its chief […]
September 7, 2018

Trump ups ante on China, threatens duties on nearly all its imports

U.S. President Donald Trump warned on Friday that he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on […]
September 7, 2018

No more neutral rate? The shine comes off the Fed’s r-star

In a speech last month Federal Reserve Chair Jerome Powell voiced doubts about the usefulness of some of the key economic measures officials have been relying […]
September 7, 2018

Canada’s Freeland sees ‘very good progress’ in NAFTA trade talks

Canada’s top trade negotiator said on Friday she and her U.S. counterpart were making “very good progress” in talks to save the North American Free Trade […]
September 7, 2018

Tire maker Pirelli abandons Venezuela, adding to business exodus

Manufacturer Pirelli said on Friday it had ceased operations in Venezuela, selling its car tire factory for an unspecified amount and adding to the flood of […]
September 7, 2018

Trump ups ante on Chinese imports, threatening duties on $267 billion more goods

U.S. President Donald Trump warned on Friday that he has tariffs ready to go on $267 billion worth of Chinese imports in addition to the $200 […]
September 7, 2018

Barnes & Noble shares soar after investor discusses sale with founder

Shares of Barnes & Noble Inc jumped as much as 21 percent on Friday after investor Richard Schottenfeld disclosed a higher stake in the bookseller and […]
September 7, 2018

U.S. services data suggests upward revision to second-quarter GDP

U.S. economic growth for the second quarter is likely to be revised higher after data on Friday suggested a bit more consumer spending than previously estimated. […]
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