S&P says downgraded China as credit growth still too fast S&P says downgraded China as credit growth still too fast: China’s attempts to reduce risks from its rapid buildup in debt are not working as quickly as expected and credit growth is still too fast, S&P Global Ratings said on […]
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Shorting volatility Rising risks mean itchier trigger fingers Shorting volatility Rising risks mean itchier trigger fingers:Â A long stretch of low volatility for U.S. stocks has made betting on continued calm a popular and lucrative trade, but traders and strategists warn that risks to the trade have mounted, while the potential […]
Unfit Uber stripped of London license CEO tweets pls work w/us Unfit Uber stripped of London license CEO tweets pls work w/us:Â London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow […]
Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division Google bets anew on smartphones, pays $1.1 billion for HTC’s Pixel division: Alphabet Inc’s (GOOGL.O) Google said it would pay $1.1 billion for the division at Taiwan’s HTC Corp (2498.TW) that develops the U.S. firm’s Pixel smartphones – its […]
Oil settles flat as unease builds ahead of OPEC meeting Oil settles flat as unease builds ahead of OPEC meeting:Â Oil prices settled nearly flat on Thursday, the eve of a meeting of major oil-producing countries in Vienna to discuss whether they will extend production limits that have helped reduce the […]
NAFTA negotiators hone in on origin rules, dispute settlement NAFTA negotiators hone in on origin rules, dispute settlement: U.S., Canadian and Mexican negotiators on Friday began digging into some of the thorniest issues in modernizing the North American Free Trade Agreement, including rules of origin for goods produced in the […]
Asia shares up as North Korea tensions ease, wary Fed weighs on dollar Asia shares up as North Korea tensions ease, wary Fed weighs on dollar: Asian stocks edged higher on Thursday as tensions between the United States and North Korea came off the boil, while the Federal Reserve’s concerns […]
China says it will defend interests if U.S. harms trade ties China says it will defend interests if U.S. harms trade ties: China will take action to defend its interests if the United States damages trade ties, the Ministry of Commerce said on Tuesday, after U.S. President Donald Trump authorized […]
China July factory output, retail sales, investment miss forecasts China July factory output, retail sales, investment miss forecasts: China’s factory output slowed more than expected in July while investment and retail sales also disappointed, reinforcing views that the world’s second-largest economy is starting to lose some steam as lending costs […]
Pentagon’s empty posts cause uncertainty for defense contractors Pentagon’s empty posts cause uncertainty for defense contractors: U.S. President Donald Trump’s failure to fill dozens of senior-level positions at the Pentagon is making it difficult for defense contractors to forecast business. Defense company officials, speaking on conference calls after their just-reported […]