Tech executives head to Capitol Hill for antitrust hearing
Executives from tech giants Apple Inc , Amazon.com Inc , Facebook Inc and Alphabet’s Google go before the House Judiciary Committee’s antitrust panel Tuesday to...
Demand for new designer’s ranges lift Burberry sales and shares
Strong demand for designer Riccardo Tisci’s new fashion ranges helped revenue at British label Burberry grow faster than expected in the first quarter, sending its...
Bleak German mood weighs on Europe, Brexit pummels pound
Darkening German investor morale and fresh Brexit woes cast a shadow over European markets on Tuesday, with German benchmark bond yields coming under pressure and...
Samsung, SK Hynix ask Korean firm to boost chemicals supply amid Japanese curbs
South Korea’s Samsung Electronics and SK Hynix have asked a local supplier to the boost supply of a key chipmaking chemical to guard against any...
Husqvarna cools on 2019 margin after chill dents lawn mower demand
Husqvarna , the world’s biggest maker of garden power tools such as robotic lawn mowers, blamed cold weather for a fall in second-quarter sales and...
Ryanair halves 2020 growth plans on Boeing MAX delays
Ryanair has slashed its growth plans for next summer, blaming delays in deliveries of Boeing’s grounded 737 MAX jet, lifting the shares of rival airlines...
World stocks mark time ahead of U.S. data, earnings
Global stocks struggled to cling to recent gains on Tuesday and the dollar lingered with markets awaiting U.S. data and a slew of corporate and...
Oil steadies as U.S. supply concerns ease, Iran tension unresolved
Oil prices steadied on Tuesday as a resumption of output in the Gulf of Mexico after Hurricane Barry and a boom in U.S. supply due...
EU goods trade gaps with U.S. and China widen
The European Union’s trade surplus in goods with the United States and its deficit with China both increased in the first five months of 2019,...
China says Trump ‘misleading’ people linking trade deal, slowing economy
China on Tuesday rebuffed a suggestion from U.S. President Donald Trump that Beijing needs a trade deal with the United States because its economy was...