China's top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a "calm, rational and cooperative manner."
U.S. consumer spending barely rose in August and business investment remained subdued amid lingering trade tensions, prompting economists to slash their economic growth estimates for the third quarter.
Hedge fund D.E. Shaw & Co is building a stake in Emerson Electric Co and is planning to push for changes, including a potential break-up of the U.S. industrial conglomerate, people familiar with the matter said on Friday.
Companies making their debut on the U.S. stock market are getting a rough welcome, especially if they are losing money, casting a shadow over the calendar for initial public offerings for the rest of the year.
Apple Inc plans to give feature-length films extended theatrical releases before making them available on its streaming TV service, the Wall Street Journal reported https://www.wsj.com/articles/apple-plans-to-bring-feature-length-films-to-theaters-11569579632?mod=searchresults&page=1&pos=1 on ...
Barclays has agreed to pay about US$6.3 million to settle U.S. charges it violated a federal anti-bribery law by hiring family and friends of foreign officials in the Asia-Pacific region to help win or retain investment banking business.
European Union commissioners-designate said the bloc should agree on a digital tax if no deal on the matter was reached at a global level by the end of next year, ramping up pressure on multinationals accused of paying too little.
Improved economic sentiment in recent weeks has lifted shares of U.S. financial, energy, industrial and materials companies, but analysts are sharply divided on whether that optimism is warranted.
The Trump administration is considering delisting Chinese firms from U.S. stock exchanges, according a Bloomberg report on Friday, sending shares of those companies sharply lower.
The launch of Facebook's Libra could be pushed back to tackle the regulatory concerns that have been raised around the world, the head of the organization set up to oversee the cryptocurrency told Reuters.
