Argentina's peso surged on Tuesday, pumped up by Wall Street traders cheering President Mauricio Macri's capital controls that are aimed at protecting the beleaguered currency.
Online retail giant Amazon was fined 4 million euros (US$4.5 million) by the Paris commercial court on Monday for introducing abusive clauses in its contracts with third-party vendors, French website Nextinpact reported.
NEW YORK: Wall Street stocks tumbled on Tuesday (Sep 3) as new tariffs in the US-China trade war took effect, while US data pointed to weakness in the manufacturing sector. Both countries imposed new levies on Sep 1, with the US now assessing 15 per cent tariffs on an assortment of...
Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast, as it was experiencing short-term challenges resulting from commodity market volatility and slower-than-expected operational improvements in the chicken segment.
Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, which the U.S. automaker will close by year's end as part of a global restructuring, the companies said on Tuesday.
Tyson Foods Inc on Tuesday lowered its 2019 adjusted earnings forecast, as it was experiencing short-term challenges resulting from commodity market volatility and slower-than-expected operational improvements in the chicken segment.
The U.S. Federal Reserve's balance sheet could end up between US$3.8 trillion and US$4.7 trillion by 2025, according to projections collected by the New York Fed.
China's Huawei Technologies on Tuesday said the U.S. government had instructed law enforcement to "coerce" and "entice" its employees to turn against the company, as it steps up its pushback against a U.S. campaign that could threaten its survival.
Brazilian automaker CAOA has reached a preliminary agreement to buy Ford Motor Co's plant in Sao Bernardo do Campo, which the U.S. automaker will close by year's end as part of a global restructuring, the companies said on Tuesday.
U.S. Treasury yields fell on Tuesday, with the benchmark 10-year yield hitting its lowest since July 2016, after manufacturing data showed the U.S. factory sector contracted for the first time since 2016 amid worries about a weakening global economy and trade tensions between China and the United ...
