World-Business
US stocks open mixed on reports Trump might delay tariffs
Stocks are opening mixed on Wall Street following news reports that US President Donald Trump might delay a tariff hike on Chinese goods set to go into effect this weekend. The 16-month-old fight over Beijing's technology ambitions and trade surplus has disrupted global commerce and threatens to depress economic growth. Markets also are watching US and European interest rate decisions and Britain's parliamentary elections. The S&P 500 edged up 4 points, or 0.1%, to 3,136. The Dow Jones Industrial Average slipped 25 points to 27,857. The Nasdaq rose 9 points, or 0.1%, to 8,626. Bond yields held steady.
6 years ago
UK authorities give Amazon 5 days for new Deliveroo plan
British authorities are asking Amazon to address concerns that its plan to buy a stake in food delivery platform Deliveroo could damage competition between businesses that do takeaways and those that deliver groceries.
6 years ago
Saudi Aramco starts trading after record $25.6 billion IPO
Saudi Arabia's oil company Aramco is now listed and has started trading on the Saudi Tadawul stock exchange on Wednesday for the first time after a mammoth $25.6 billion initial public offering that set the record as the biggest ever in history.
6 years ago
U.S. dollar declines against euro amid upbeat German data
The U.S. dollar declined against the euro on Tuesday after upbeat German economic data boosted the common currency.
6 years ago
Upbeat prospect for Malaysia's palm oil prices next year
Analysts remain upbeat on palm oil prices next year after Malaysia's palm oil inventory fell to a three-month low in November and exports to China remained steady.
6 years ago
Chevron will write down assets by at least $10 billion
Chevron Corp. said Tuesday it will book a charge of at least $10 billion because lower long-term prices for oil and natural gas will reduce the value of its assets.
6 years ago
Japanese regulators recommend $22 million fine on Nissan
Japanese securities regulators are recommending that automaker Nissan be fined 2.4 billion yen ($22 million) over the under-reporting of compensation of its former chairman, Carlos Ghosn.
6 years ago
China's auto sales sink 5.4% in November
China's auto sales sank 5.4% in November from a year ago, putting the industry's biggest global market on track to shrink for a second year, an industry group reported Tuesday.
6 years ago
China pledges continuous efforts to tackle challenges facing WTO appellate body
A Foreign Ministry spokesperson on Monday said that China will work with the overwhelming majority of World Trade Organization (WTO) members who share a common goal to continue addressing the challenges facing the WTO Appellate Body.
6 years ago
Big investors up call for governments to take climate action
More than 600 institutional investors managing a whopping $37 trillion in client assets called Monday for governments to step up their efforts against climate change.
6 years ago