U.S. job openings decline for second straight month
U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economists’ views that job growth has peaked.
Wall Street opens lower on global growth fears
U.S. stocks opened lower on Tuesday, as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession.
Wall Street set to open lower as China data adds to recession fears
U.S. stocks were set to open lower on Tuesday as weak economic data from China pointed to slowing growth in the world’s second largest economy, adding to fears of a global recession.
Apple to reveal streaming service prices while iPhones on ‘holding pattern’ until 5G
Apple Inc is set on Tuesday to announce pricing for its forthcoming streaming TV service as well as updates to its iPhone lineup, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.
White House adviser urges patience in U.S.-China trade talks
White House adviser Peter Navarro on Tuesday called for investors, the public and others to be patient ahead of key U.S.-China trade negotiations planned for next month between top officials in Washington.
Recovery first: for next Nissan CEO, priority is profit before Renault partnership
The next head of Nissan Motor Co will need to prioritize a recovery in profits at the troubled Japanese firm ahead of trying to fix its relationship with top shareholder Renault SA, executives and analysts say.
Bond yields climb as ECB stimulus expectations fade
Global bond yields rose on Tuesday, amid growing caution over the extent to which the European Central Bank will add stimulus to boost an ailing economy this week and rising hopes that Berlin could loosen its purse strings.
Futures edge lower as China data revives recession fears
U.S. stock index futures dipped on Tuesday as weak economic data from China signaled slowing growth in the country, rekindling fears of global recession.
WeWork IPO valuation likely below $20 billion, clouding SoftBank’s vision
WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key group portfolio firms have tumbled in value.
Daimler CEO says meeting 2021 emissions targets will be significant challenge
Cutting average emissions from the Mercedes-Benz passenger car fleet to meet the European Union’s 2021 target is going to be a significant challenge, Daimler Chief Executive Ola Kaellenius said on Tuesday.
