Wall Street drops on techs slide, Washington turmoil
Wall Street’s main indexes extended declines on Thursday after a report that the United States was unlikely to extend a temporary waiver over Huawei’s blacklisting,...
Aramco picks SMBC Nikko Securities as first Japanese bookrunner for IPO: sources
Saudi Aramco has chosen SMBC Nikko Securities as a bookrunner for its initial public offering (IPO), the first Japanese financial firm to grab a role...
Apple supplier Japan Display loses out on Chinese funds, bailout at risk
Apple Inc supplier Japan Display Inc said on Thursday that Chinese investment firm Harvest Group would withdraw from a bailout of the cash-strapped smartphone screen...
U.S. stocks, bond yields slip on report against Trump
U.S. stocks and government debt yields fell on Thursday after the release of a whistleblower complaint that accused President Donald Trump of pressing Ukraine to...
WTO to back around $7.5 billion U.S. tariffs on EU in aircraft spat: sources
The United States has been granted approval to impose tariffs on European Union goods with an annual trade value around $7.5 billion over illegal government...
Commodities trader Cargill’s quarterly profit rises 3% on beef, eggs demand
Global commodities trader Cargill Inc [CARG.UL] reported a 3% increase in adjusted quarterly profit on Thursday, citing strong consumer demand for meat and eggs in...
Governments must ensure ECB is not overburdened, Merkel says
Euro zone governments must reform their economies and use appropriate fiscal policies to ensure that the European Central Bank is not overburdened, German Chancellor Angela...
Dallas Fed’s Kaplan: U.S. needs more, not less, immigration for economic growth
Proposals to curb immigration will weigh on economic growth in the United States where the existing workforce is growing more slowly as the population ages,...
Wall Street drops as turmoil in Washington outweighs trade optimism
U.S. stock indexes dipped on Thursday as fresh developments in an inquiry into the impeachment of President Donald Trump offset gains from trade-related optimism fueled...
Lockheed to begin supplying F-16 wings from Indian plant in 2020
Lockheed Martin will begin supplying wings for its F-16 combat jets from a facility in southern India from next year, a senior executive said on...