Wall Street was largely unmoved by the long-awaited US-China trade deal unveiled on Friday (Dec 13), which marked the end to the steady escalation in the dispute after nearly two years.
After nearly two-years of bare-knuckle battling, Washington and Beijing on Friday at last announced a bargain to end the dispute.
Wall Street fell in volatile trading on Friday, as investors remained confused about signs of progress on a U.S.-China trade deal despite comments from both sides that they had arrived at an initial agreement.
WASHINGTON: The United States and China announced a major thaw in their trade war on Friday (Dec 13), including immediate cuts to punishing import tariffs, but markets were not impressed. "We have agreed to a very large Phase One Deal with China," President Donald Trump tweeted after officials in ......
Saks Fifth Avenue owner Hudson's Bay Co has fallen short in securing enough shareholder support for a CUS$1.9 billion(US$1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday.
The U.S. auto safety agency said Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a parked police car in Connecticut earlier this week.
T-Mobile US Inc Chief Executive John Legere testified on Friday that he believes U.S. regulators considered Dish Network's history of attempting to build a wireless network when they approved the merger between T-Mobile and Sprint Corp .
WASHINGTON: Trade groups representing major technology companies and advocacy groups on Friday asked a U.S. appeals court to reconsider its October ruling that largely upheld the 2017 repeal of landmark net neutrality rules. The Federal Communications Commission in December 2017 reversed Obama-era ...
Boeing Co has decided it will not compete as a prime contractor to replace the Pentagon's aging U.S.-based Minuteman III missile system, paving the way for Northrop Grumman Corp to win a contract worth tens of billions of dollars.
For SoftBank Group Inc, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy.
