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.
Britain's Foreign Secretary Dominic Raab said intelligence sharing would not be jeopardized by Tuesday's decision to allow China's Huawei a role in building the country's 5G telecoms network.
One potential side effect of the U.S. Federal Reserve's efforts to pump liquidity into the banking system and avoid further unwanted surges in short-term borrowing rates: The central bank may soon have to take measures to keep interest rates from getting too low.
Travelex's UK international money transfer service and wire offering is fully operational again, it said on Tuesday, almost a month after a crippling ransomware attack forced staff to use pen and paper to calculate foreign currency exchanges.
Adidas will launch new fabrics made from recycled polyester and marine plastic waste and expand the product lines that use them after the success of shoes made with the Parley for the Oceans initiative, the sportswear firm said on Tuesday.
Harley-Davidson Inc on Tuesday reported a larger-than-expected decline in its motorcycles revenue, hurt by a continuing slide in retail sales in the United States, sending its shares plunging in pre-market trade.
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.
