Trump praises U.S. economy amid China spat, vows to back farmers
U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China, saying the United States was “in a very strong position,”...
Jolted markets mark new 2019 milestones
Global financial markets have been jolted in recent days by yet another escalation in a trade war between the United States and China, with the...
Mastercard to buy part of payments company Nets for $3.19 billion
Payments processor Mastercard Inc on Tuesday said it would buy a majority of the corporate services businesses of European payments company Nets for about $3.19...
Mastercard to buy European payments company Nets for $3.19 billion
Payments processor Mastercard Inc on Tuesday said it would buy a majority of the corporate services businesses of European payments company Nets for about $3.19...
UBS slashes threshold for fee on euro deposits at Swiss bank
UBS Group will halve to 500,000 euros ($559,900) its threshold for charging a 0.6% deposit fee on euro accounts at its Swiss banking unit, Switzerland’s...
Futures rebound after Wall Street’s worst day of 2019
U.S. stock index futures signaled a bounce on Tuesday, as China stepped in to steady the yuan and investors sought beaten-down stocks, a day after...
Vivendi turns to Tencent to gain Universal foothold in China
Vivendi is in talks to sell up to 20% of Universal Music Group (UMG) to Tencent , valuing its prized asset at around 30 billion...
Diabetes drug maker Novo Nordisk buys pill factory in North Carolina
Novo Nordisk said on Tuesday it had bought a factory in North Carolina that would assist in manufacturing and packaging its new once-daily pill for...
For J.C. Penney CEO, debt haunts turnaround bid
J.C. Penney Co Inc’s stock has plunged more than 70% over the past year and now trades under $1. Its first-quarter financial loss nearly doubled...
Oil hovers around $60 as U.S.-China trade tensions weigh
Oil prices rebounded slightly on Tuesday from big falls in recent sessions, but Brent crude remained near seven-month lows around $60 a barrel due to...