February 27, 2019

Wall St. falls after Lighthizer’s comments on trade talks

Wall Street’s main indexes extended losses on Wednesday after U.S. trade representative Robert Lighthizer said the country’s issues with China were “too serious” to be resolved […]
February 27, 2019

U.S. aims to combat Chinese currency manipulation in trade deal: Lighthizer

The United States is seeking to prevent China from competitively devaluing its currency as part of ongoing trade talks between the countries, following past manipulations of […]
February 27, 2019

Air France-KLM shares slump on surprise Dutch stake buy

Shares in Air France-KLM fell sharply after the Dutch government said it had amassed a 12.7 percent stake in the airline to counter French influence, in […]
February 27, 2019

Mylan shares sink as bleak profit outlook sparks growth concerns

Mylan NV shares slid 10 percent on Wednesday after the generic drug maker predicted poor 2019 earnings that led some Wall Street analysts to wonder if […]
February 27, 2019

U.S. goods trade deficit widens sharply in December

The U.S. goods trade deficit widened sharply in December as slowing global demand and a strong dollar weighed on exports, another sign that economic growth slowed […]
February 27, 2019

Wall St. opens lower as Trump-Kim summit begins, India-Pakistan tensions flare

U.S. stocks opened slightly lower on Wednesday, as the second U.S.-North Korean nuclear summit kicked off and tensions flared up between nuclear-armed neighbors India and Pakistan. […]
February 27, 2019

Credit reporting agencies face pressure from skeptical U.S. Congress

(This Feb. 26 story corrects the name of Equifax in paragraph 2) Powered by WPeMatico
February 27, 2019

Campbell Soup beats earnings estimates, shares rise

Campbell Soup Co on Wednesday reported better-than-expected adjusted earnings, helped by its acquisitions of https://www.reuters.com/article/brief-campbell-to-acquire-snyders-lance/brief-campbell-to-acquire-snyders-lance-inc-for-4-87-bln-idUSASB0BY91 Snyder’s-Lance and Pacific Foods. Powered by WPeMatico
February 27, 2019

Ford’s China JV ends some contracts with job agencies as sales fall

Ford Motor Co’s joint venture with China Changan Automobile Group has decided not to renew its contract with some agencies supplying it with workers, as carmakers […]
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