New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and was a drag on economic growth.
Europe's luxury brands want EU regulators to take a tougher line against online retailing giants like Amazon and Alibaba on issues like data protection and counterfeiting, the head of a leading industry group said.
United Technologies Corp Chief Financial Officer Neil Mitchill said he expects 2020 operating profit at the U.S. aircraft parts maker's Collins Aerospace unit, its biggest, to be hurt largely due to the grounding of Boeing Co's 737 MAX aircraft.
U.S. stock indexes were on track to recover on Tuesday after the S&P 500 suffered its worst day in nearly four months in the previous session on fears that a coronavirus outbreak could hit global economic growth.
SAP raised its revenue and profit outlook on Tuesday as new co-CEOs Jennifer Morgan and Christian Klein delivered a solid first set of quarterly results at the leading provider of business software.
Lockheed Martin Corp , Pentagon's No.1 weapons supplier, reported a 19.6per cent rise in quarterly profit on Tuesday, helped by increased demand for its F-35 combat jets.
Lockheed Martin Corp , Pentagon's No.1 weapons supplier, reported a 19.6per cent rise in quarterly profit on Tuesday, helped by increased demand for its F-35 combat jets.
When Apple Inc posts quarterly results on Tuesday, investors will be looking for fresh evidence the iPhone maker should be treated as a producer of high-margin, subscription services after its stock market value touched US$1.4 trillion and its earnings multiple trades at decade highs.
U.S. industrial giant 3M Co reported a 28per cent fall in quarterly profit on Tuesday due to restructuring and litigation charges and said it would cut 1,500 jobs globally as it looks to reduce costs.
Prime Minister Boris Johnson will decide if China's Huawei should have a role in Britain's future 5G mobile network on Tuesday, a choice that risks damaging relations with the United States or China on the eve of Brexit.
