Apple chief says hopes to see trade barriers near zero
Apple’s chief executive Tim Cook said on Thursday he hoped to see trade barriers return to normal, but added that international trade deals needed adjusting.
In turbulent times, Tesco’s new boss has something to build on
When the little known Ken Murphy takes over next year as CEO of Tesco , Britain’s biggest retailer, he will inherit something current boss Dave Lewis did not have the luxury of when he joined in 2014 – a strategy and a stable business.
Wall Street turns higher as services data lifts hopes of Fed rate cut
U.S. stocks turned positive in choppy trading on Thursday as U.S. services sector activity slowed to a three-year low, raising expectations of another interest rate cut by the Federal Reserve to stem a wider economic downturn.
Advertising blitz, sugar-free Gatorade drive PepsiCo profit beat
PepsiCo Inc benefited from an ad blitz in the third quarter, beating profit and sales estimates, as more health-conscious consumers bought its low-calorie beverages and snacks in North America.
Oil extends losses to near two-month low as economic gloom weighs
Oil fell more than 1% on Thursday, extending the week’s losses as markets were pressured by concerns about weakening global economic growth and oil demand, as well as by signs of excess supply despite OPEC-led cuts.
U.S. services sector activity hits three-year low; labor market solid
U.S. services sector activity slowed to a three-year low in September amid rising concerns about tariffs, the latest sign that trade tensions were eroding economic momentum.
Trump says Chinese delegation coming to U.S. next week for trade talks
President Donald Trump said on Thursday a delegation from China would come to the United States next week for more trade talks.
Weak U.S. economic data weighs on global stocks
Weaker-than-expected U.S. economic data weighed on global financial markets on Thursday, leaving world equity benchmarks bouncing in choppy trading and sending investors into safe-haven assets on expectations of further Federal Reserve interest rate cu…
Wall St. slumps after weaker-than-expected services sector data
U.S. stocks fell sharply on Thursday after data showed business activity slowed in September to its lowest level in three years, the latest economic indicator to point to a sharp downturn in the United States.
Corona maker Constellation hit by pot investment loss
Constellation Brands Inc slid to a loss in the second quarter as the maker of Corona and Modelo beers booked millions of dollars in losses from its investment in pot company Canopy Growth Corp .
