Markets Drop As Apple Report Fans Economic Worries
Markets drop as Apple report fans economic worries
Stocks Rally As U.S. Earnings Pick Up, Dollar Eases For Third Session
A global gauge of stocks climbed on Tuesday as equities rallied while the dollar was down for a third straight day as the door was opened for the European Central Bank to enact a bigger rate hike than expected this week.
Dollar Slips As ECB Rate Hike Hopes Lift Euro
The dollar fell against the euro for a third straight session on Tuesday, following a Reuters story that European Central Bank policymakers are considering raising interest rates by a bigger-than-expected 50 basis points at their meeting on Thursday to tame record-high inflation.
Dollar Pauses Below Two-decade Peak As Fed Path Pondered; Aussie Jumps
The U.S. dollar hovered just above a one-week low on Tuesday as markets reduced the odds of a full percentage-point Federal Reserve rate hike this month.
More news
IMF Approves $235.6 Million Disbursement To Kenya On Loan Review
The International Monetary Fund said its executive board approved a $235.6 million disbursement to Kenya on Monday as it approved a third review of the country's Extended Credit Facility and Extended Fund Facility arrangements.
Japan, China Cut Holdings Of U.S. Treasuries To Multi-year Lows -data
Japan and China pared back holdings of U.S. Treasuries in May to multi-year lows, data from the U.S. Treasury department showed on Monday.
Lawsuit Accuses Apple Of Antitrust Violations Over Apple Pay
Apple Inc was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of abusing its market power in mobile devices to thwart competition for its Apple Pay mobile wallet.
Fresh Roadblocks As Panama Protesters Reject Deal
Panama woke Monday to fresh demonstrations and roadblocks as pressure groups reneged on a deal signed with the government to end their protest in exchange for a fuel price cut.
US Bank Results Highlight Risk And Resiliency
US bank results highlight risk and resiliency
U.S. Banks Boost Outlook For Net Interest Income Amid Fed Rate Rises
Big U.S. banks say net interest income, a key source of revenue, will continue to grow this year as interest rates rise, helping to buffer their bottom lines against declines in other key areas of the business.
Airbus, Airlines To Explore Carbon Capture Technology
European airplane manufacturer Airbus and more than a half dozen airlines said on Monday they had signed letters of intent to discuss buying carbon removal credits to offset the emissions from air travel.
US Housing Market: Homebuilder Optimism Deteriorates As Buyers Priced Out By High Costs
Confidence among homebuilders plummeted to its lowest level seen since the start of the COVID-19 pandemic as buyers pull back from purchases over increasingly unaffordable prices.
U.S. Panel Rejects Duties On Fertilizers From Russia, Trinidad And Tobago
The U.S. International Trade Commission revoked hefty anti-dumping and anti-subsidy duties on urea ammonium nitrate fertilizers from Russia and Trinidad and Tobago on Monday, concluding that those imports did not hurt American producers.
U.S. Panel Revokes Duties On Fertilizers From Russia, Trinidad And Tobago
The U.S. International Trade Commission revoked hefty anti-dumping and anti-subsidy duties on urea ammonium nitrate fertilizers from Russia and Trinidad and Tobago on Monday, concluding that those imports did not hurt American producers.
After A Decade On Your Phone, Snapchat Is Coming To Your Desktop
Snapchat is embarking on another major feature launch soon by launching a desktop application to take advantage of what it sees as an untapped market for its messenger app.
3 More Costco Stores To Open This Fall: Is A Location Coming To Your City?
Costco continues to add brick-and-mortar stores with three more locations set to open this November.
Buffett-backed Nubank Growing Faster Than Expected In Mexico -CEO
Nubank, Latin America's largest fintech, is growing faster than expected in Mexico, Chief Executive David Velez said in an interview.
GE Says Aerospace Brand Marks 'Wider Strategic Aperture'
General Electric Chief Executive Larry Culp said on Monday a new "GE Aerospace" brand for its aviation business pointed to a "wider strategic aperture" that could eventually lead to the industrial giant entering new businesses.
Harrowing Video Aired At Death Penalty Trial Of US School Shooter
Harrowing video aired at death penalty trial of US school shooter
U.S. Home Builder Sentiment Plunges, Services Activity In New York Region Stalls
U.S. home builder sentiment plummeted in July to its lowest level since the early months of the coronavirus pandemic, as high inflation and the steepest borrowing costs in more than a decade brought customer traffic to a near standstill.
Another Cruise Ship In Australia Hit With COVID Outbreak Onboard
As many as 100 people on board a P&O cruise ship in Australia have been infected with COVID-19
Bank Of America Puts Aside $200mln For Probe Into Bankers' Use Of Personal Devices
Bank of America has set aside around $200 million for a regulatory matter connected to the unauthorized use of personal phones, its chief financial officer Alastair Borthwick said on Monday, adding that he expects the matter to be settled soon.
Stellantis Ending Jeep Production In China
Stellantis ending Jeep production in China
Heatwave-hit Farnborough Airshow Basks In Bumper Boeing Order
Global aviation's Farnborough airshow opens Monday amid a sweltering heatwave, with the sector aided by a modest recovery in air traffic and with Ukraine boosting defence budgets.
Goldman Sachs Profits Tumble Despite Strong Trading Results
Goldman Sachs profits tumble despite strong trading results
Explainer-How Much Extra Oil Can Saudi Arabia Pump?
U.S. President Joe Biden's visit in recent days to top oil exporter Saudi Arabia ended without any announcements that the kingdom would raise oil production to help lower fuel prices.
Oracle Founder Larry Ellison Won’t Leave His $97 Billion Fortune To His Kids
As of July 2022, Larry Ellison is the fourth richest person in the United States and the sixth richest person in the world, with an estimated net worth of $97.3 billion.
‘American Pie’ Singer Disinherited Daughter For Talking ‘Trash’ About Him
Don McLean's current net worth stands at $50 million.
Ford Launches 2023 F-150 Raptor R Pickup Truck: Specs, Production Date, Reservations, And More
The new 2023 Ford Raptor R pickup truck has 700 horsepower from a 5.2 L supercharged V8 engine.
Russian Shelling Kills 6 In Donbas, EU Defends Sanctions On Moscow
Russian shelling kills 6 in Donbas, EU defends sanctions on Moscow
Microsoft President Sees 'New Era' Of Stagnating Labor Pool
U.S. companies are facing a "new era" in which fewer people are entering the workforce and pressure to pay higher salaries may become permanent, Microsoft Corp's President Brad Smith told Reuters in an interview.
CEO Pay Gains Far Outpace Rising Wages, Says U.S. Union Report
S&P 500 chief executives made $18.3 million on average in 2021, 324 times the pay of their median workers and higher than the ratio in 2020, the top American labor union federation reported on Monday.
Emirates Airline Sees Air Travel Equilibrium In 2023
The president of Dubai's Emirates, which has clashed with London's Heathrow over the introduction of a capacity cap, said on Monday a disrupted air travel industry would return to equilibrium in 2023 and must "tough it out" until then.
Wall Street Reverses Course On Slide In Apple Shares
Wall Street stocks declined on Monday on a slide in bank stocks and shares of Apple, after a report said the company plans to slow hiring and spending growth next year.
Pages
- Promoted in Business
- 1
- 2
- 3
- 4
- 5
Editor's pick
-
Trump Heads To The Gulf Eyeing Deals Amid Diplomatic Offensive
-
Scientists In Mexico Develop Tortilla For People With No Fridge
-
Kim Kardashian To Testify In Paris Multi-million-dollar Robbery Trial
-
Hamas Officials Say Group Held Direct Gaza Ceasefire Talks With US
-
Ukraine Ready For Russia Truce Talks, Zelensky Says
-
Trump's New Budget Boss: Russell Vought To Lead 'Ruthless' Government Cuts After Musk Steps Down
