The world’s two largest economies began their latest round of trade talks this week to resolve a bitter dispute in which each has levied tariffs on imports from the other.
In an interview with Reuters, Williams estimated the Federal Reserve would continue trimming its bond portfolio well into next year. He also said he felt rates had reached his current view of a lower “neutral” level, with growth and unemployment leveling off and inflation, if anything, a bit weaker than hoped.
HSBC Holdings Turned In A Disappointing Annual Profit. Shares Dip After Lender Says Cost Growth Outstripped Revenue At The End Of 2018
HSBC Holdings turned in a disappointing annual profit as higher costs and a stocks rout chipped away at its trading businesses, while warning that an economic slowdown in China and Britain would throw up further hurdles this year.
The U.S. Commerce Department Sent a Report on Sunday to U.S. President Donald Trump that Could Unleash Steep Tariffs on Imported Cars and Auto Parts
A report from the Center for Automotive Research in Ann Arbor, Michigan, published on Friday showed its worst-case scenario of a tariff of 25 percent would cost 366,900 U.S. jobs in the auto and related industries.
Farmers are waiting for more clarity on trade deals before buying equipment. The company said Friday that initial orders of tractors, combine harvesters and other equipment were weak, contributing to the lower-than-expected quarterly profits.
Levi Strauss & Co. Wednesday Filed Paperwork For An Initial Public Offering Of Shares And It Hopes To Raise More Than $600 Million
In its IPO filing, Levi said it was looking to make acquisitions that would “drive further brand and category diversification.” The company still gets the majority of its sales from its Levi’s jeans and Dockers khakis.
The world’s largest airliner, with two decks of spacious cabins and room for 544 people in standard layout, was designed to challenge Boeing’s legendary 747 but failed to take hold as airlines backed a new generation of smaller, more nimble jets.
The job cuts underscore the tough environment videogame makers face as players increasingly sink their time and money into only a handful of games they can play in perpetuity—the current king being “Fortnite.”
Chinese diplomats, worried over the future of its oil projects in Venezuela and nearly $20 billion that Caracas owes Beijing, have held debt negotiations in Washington in recent weeks with representatives of Juan Guaidó, the opposition leader heading the U.S.-backed efforts to oust Mr. Maduro.
Chinese And U.S. Negotiators Are Seeking To Narrow The Still-Substantial Gap Between The Concessions China Is Willing To Offer And What The Trump Administration Will Accept
Beijing so far has remained reluctant to give ground on issues it sees as crucial to maintaining the Communist Party’s rule. Those include eliminating government subsidies to state-owned companies and other policies that underpin its state-led economic model. Washington sees such steps as essential to level the playing field for American businesses operating in the world’s second-largest economy.
Shares Of Electronic Arts Inc Jumped 8 Percent After The Videogame Maker Said 25 Million Players Signed Up For Its New Battle Royal Game “Apex Legends”
EA disclosed the new number on Monday on Twitter. “Apex Legends” signed up 10 million players within three days of its launch, EA said last week, a milestone that Fortnite had taken two weeks to reach.
Walmart spokeswoman Molly Blakeman told Reuters the retailer and Deliv mutually decided to end the partnership. “As with any pilot, the intent is to learn. And we ultimately came to the conclusion with Deliv that while their platform is a good delivery option, it was not the best fit for our program at this time.”
Morgan Stanley Will Pay $900 Million To Acquire Solium Capital Inc. The Deal Is The Bank’s Largest Acquisition Since The Financial Crisis
Solium’s 3,000 corporate clients employ 1 million workers and include startups such as Stripe Inc. and Instacart Inc., whose employees tend to be younger and have fewer relationships with traditional financial firms. Morgan Stanley said the acquisition wouldn’t have a meaningful impact on its 2019 earnings or reduce its planned stock buybacks.
Apple reported 19.9 per cent decline in shipments in China in the fourth quarter, but climbed one place to No. 4 in smartphone shipments after Xiaomi did even worse, tumbling 34.9 per cent during the same period.