U.S. manufacturing dives to 10-year low as trade tensions weigh
U.S. manufacturing activity tumbled to a more than 10-year low in September as lingering trade tensions weighed on exports, further heightening financial market fears of...
Fears of U.S. slowdown weigh on stocks; bonds rally
Weak economic data in the United States and Europe weighed on global stock benchmarks on Tuesday, sending investors into safe-haven assets....
Wall Street tumbles as September factory activity hits 10-year low
Wall Street’s main indexes shed as much as 1% on Tuesday after data showed U.S. factory activity shrank in September to its weakest in more...
U.S. September auto sales fall as shift in Labor Day holiday hurts
Automakers, including Toyota Motor Corp and Hyundai Motor , on Tuesday reported a sharp drop in September U.S. sales, hurt by the early timing of...
Oil prices sink as weak U.S. economic data dims demand outlook
Oil prices slipped on Tuesday, pressured as weak U.S. economic data dimmed crude’s demand outlook, while reports of an output decline from the world’s largest...
Credit Suisse clears its CEO in spying scandal that rocked Swiss banking
Credit Suisse cleared its CEO on Tuesday of snooping on a star wealth manager in an episode that saw suicide, scandal and espionage invade the...
Italy’s Illycaffe sets five year target for U.S. expansion
Italy’s Illycaffe to help it reach its goal of opening 200 cafes in the United States within five years as part of a broader drive...
King dollar reigns supreme as U.S. outshines the euro area
The dollar surged to a 29-month high against a basket of rival currencies on Tuesday, while pummeling the euro to its weakest since May 2017....
Wall Street falls as monthly factory activity contracts to 10-year low
Wall Street’s main indexes reversed course on Tuesday after data showed U.S. factory activity shrank in September to its weakest in more than a decade,...
Toyota Motor U.S. sales fall 16.5% in September
Toyota Motor Corp’s U.S. sales fell 16.5% in September due to declining demand for sedans such as Camry and Prius, as well as lower sales...