WTO sides against U.S. over its tariffs on Canadian paper
World Trade Organization arbiters sided against the United States on Thursday over duties it had applied on Canadian paper in one of the final verdicts...
Wall Street up for fourth day as China moves to limit coronavirus impact
U.S. stocks rose for a fourth straight session on Thursday on China’s efforts to contain the economic fallout from the coronavirus outbreak, while investors assessed...
Stocks rally, safe-haven currencies drop, on China plan to cut tariffs
World equity markets rallied for a fourth day on Thursday, with a bevy of key stock indexes touching fresh peaks, as news that China will...
U.S. weekly jobless claims hit nine-month low; productivity rebounds
The number of Americans filing for unemployment benefits dropped to a nine-month low last week, suggesting a tightening labor market would continue to keep the...
ICE makes case for eBay talks following earnings report
New York Stock Exchange owner Intercontinental Exchange Inc (ICE) would “love” to speak with eBay Inc about a potential deal if its management is interested,...
Yum Brands misses sales, profit estimates as Pizza Hut battles rivals; shares drop
Yum Brands Inc shares fell 4.7% after it reported quarterly same-store sales and profit that missed analyst expectations on Thursday, as stiff competition took a...
Huawei sues Verizon over patents; Verizon blasts ‘PR stunt’
China’s biggest telecommunications equipment maker will square off in court against the No. 1 U.S. wireless carrier over whether Verizon Communications Inc should pay Huawei...
EU antitrust regulator stresses fair rules as Germany, France call for overhaul
Europe’s future must be based on fair competition rules, EU antitrust regulators said on Monday, after Germany and France reiterated calls for a speedy overhaul...
Coronavirus impact on financial markets and economies
Financial markets appear to be recovering from the damage done in late January by the coronavirus outbreak in China....
Twitter notches first $1 billion quarterly revenue, beating estimates; shares jump
Twitter Inc pulled in $1 billion in quarterly revenue for the first time on Thursday, beating expectations as efforts to make its platform more user-friendly...