Take Five World markets themes for the week ahead Take Five World markets themes for the week ahead: Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. 1/ STRONG QUARTER? NOT HALF It’s the end of […]
Current Business Updates USA
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 […]
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 […]
Trump Republicans to showcase tax cut for businesses Trump Republicans to showcase tax cut for businesses: U.S. President Donald Trump and top Republicans in Congress are about to show how aggressively they intend to cut the corporate tax rate, while trying to avoid the appearance of favoring the wealthy. The […]
Apple’s iPhone 8 sees muted launch in Asia Apple’s iPhone 8 sees muted launch in Asia: Apple Inc’s (AAPL.O) launch of iPhone 8 kicked off in a less lively mood in Asia, versus previous debuts, as fans held out for the premium iPhone X due out in early November. Hundreds of […]
Daimler joins rush to add more North American auto plants Daimler joins rush to add more North American auto plants:Â U.S. automakers are facing mounting pressure amid slowing demand in the country, as automakers from Asia and Europe aggressively ramp up vehicle production in North America, including a new investment by […]
Massive California verdict expands J&J’s talc battlefield Massive California verdict expands J&J’s talc battlefield: A massive California verdict in a lawsuit alleging Johnson & Johnson’s (JNJ.N) talc-based products cause cancer has opened a new front in the litigation, upending the company’s hopes that the cases were only gaining traction in […]
U.S. funds get tougher on climate and diversity, but not CEO pay U.S. funds get tougher on climate and diversity, but not CEO pay: Even as top U.S. asset managers BlackRock Inc and State Street Corp pressed companies on climate and diversity issues this year, they made few waves on […]
Oil prices fall two percent after end-of-week rally Oil prices fall two percent after end-of-week rally: Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week’s rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude […]
European shares fall, Barcelona attack weakens travel stocks European shares fall, Barcelona attack weakens travel stocks: European travel stocks fell sharply on Friday after the van attack in tourist hotspot Barcelona. Investors were also increasingly concerned about the stability of the Trump administration. As a global share sell-off spread, the […]
