July 11, 2018

Trade worries threaten Wall Street’s four-day winning streak

U.S. stocks fell on Wednesday and looked set to snap their four-day winning streak after Washington’s threat to impose tariffs on an additional $200 billion worth […]
July 11, 2018

Dollar jumps as market focuses on strong data over trade tension

The U.S. dollar rose on Wednesday as the market put aside trade tension fears and focused on expectation-beating inflation report, which increased prospects that the Federal […]
July 11, 2018

Pfizer separates consumer health unit in business rejig

Pfizer Inc announced plans on Wednesday to reorganize into three units, separating its consumer healthcare business that the U.S. drugmaker has been trying to sell since […]
July 11, 2018

Canada’s Tim Hortons to enter China as it battles slump at home

Fast-food company Restaurant Brands International said on Wednesday it plans to open 1,500 outlets of its Canadian coffee-and-donut chain Tim Hortons in China over the next […]
July 11, 2018

U.S. producer inflation rises on strong services gains

U.S. producer prices increased more than expected in June amid gains in the cost of services and motor vehicles, leading to the biggest annual increase in […]
July 11, 2018

Oil plunges on Libya reopening ports, trade tensions

Oil futures plunged on Wednesday as the market remained fixed on supplies resuming from Libya and rising trade tensions between the U.S. and China. Powered by […]
July 11, 2018

Papa John’s drops after report alleges chairman used racial slur

** Shares of Papa John’s International Inc pizza chain down 3.5 pct to a more-than-two-year low on Wednesday a report that Chairman, founder and former CEO […]
July 11, 2018

China says will hit back after U.S. proposes fresh tariffs on $200 billion in goods

China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10 […]
July 11, 2018

U.S. House Speaker Ryan: tariffs not the way to go in China trade dispute

U.S. House of Representatives Speaker Paul Ryan said on Wednesday tariffs are not the right tool to use in the trade dispute with China, although Beijing […]
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