December 2, 2019

WTO rejects EU bid to stop U.S. tariffs over Airbus

The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , underscoring tariffs recently imposed by the […]
December 2, 2019

Oil futures rise on talk of further OPEC+ supply curbs

Oil futures gained over 1% on Monday on hints the Organization of the Petroleum Exporting Countries (OPEC) and its allies may agree to deepen output cuts […]
December 2, 2019

Dollar, stocks slide on Trump tweets, dour PMI data

The dollar and global stock markets retreated on Monday after U.S. President Donald Trump said he would restore tariffs on some imports from Brazil and Argentina, […]
December 2, 2019

Retailers see biggest-ever Cyber Monday after record online Black Friday

U.S. retailers kicked off Cyber Monday by launching a slew of deals earlier than usual over the weekend, seeking to sustain the momentum of a record […]
December 2, 2019

Black Friday sales in Britain jump 16.5% by value: Barclaycard

The value of Black Friday sales in Britain jumped 16.5% compared with last year, according to data from payments firm Barclaycard, in a much needed boost […]
December 2, 2019

U.S. factory activity, construction spending unexpectedly fall

U.S. factory activity contracted further in November amid a slump in new orders while construction spending unexpectedly fell, offering cautionary notes on an economy that had […]
December 2, 2019

U.S. factory sector contracts again in November: ISM

The U.S. economy’s manufacturing sector contracted for a fourth straight month in November as new order volumes slid back to around their lowest level since 2012, […]
December 2, 2019

WTO rules that EU continues to provide unfair Airbus subsidies

The World Trade Organization (WTO) ruled on Monday that the European Union continues to provide unfair subsidies to European planemaker Airbus , supporting the U.S. case […]
December 2, 2019

Wall Street opens flat as Trump to restore tariffs on metal imports

Wall Street opened largely flat on Monday as President Donald Trump said he would restore tariffs on metal imports from Brazil and Argentina, with investors shrugging […]
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