Walgreens to close about 200 stores in United States
Walgreens Boots Alliance Inc said on Tuesday it plans to close about 200 U.S. stores and expects to record related pre-tax charges of between $1.9 billion and $2.4 billion.
Global stocks climb as currency war fears ease
World stock markets inched higher on Tuesday, propelled by solid gains on Wall Street, after China’s central bank stepped in to stabilize the yuan, soothing fears that a protracted trade spat between the United States and China would spill over into a …
Disney earnings miss forecasts as streaming costs rise
Walt Disney Co reported a steeper earnings decline than Wall Street expected on Tuesday as the company poured money into the streaming media business it is building to challenge Netflix.
Wall Street climbs more than 1% after China moves on yuan
U.S. stocks jumped more than 1 percent on Tuesday, bouncing back from a sharp sell-off the previous day as China stepped in to stabilize the yuan, easing concerns that currencies would be the next weapon in the U.S.-China trade war.
DuPont considers sale of nutrition and biosciences unit – Bloomberg
Industrial materials maker DuPont is considering a sale of its nutrition and biosciences unit, Bloomberg reported on Tuesday, citing people familiar with the matter.
Brent oil in bear market as China-U.S. trade tensions mount
Oil prices fell more than 1% on Tuesday, with Brent crude settling near seven-month lows below $60 a barrel as trade tensions between the U.S. and China intensified worries about weakening global demand.
Trump dismisses trade war fears; China warns of market chaos
U.S. President Donald Trump on Tuesday dismissed concerns over a protracted trade war with China despite a warning from Beijing that Washington’s decision to label it a currency manipulator would lead to chaos in financial markets.
HSBC Global Asset Management names Nicolas Moreau as CEO
HSBC Global Asset Management has appointed Nicolas Moreau as its new chief executive, the firm said in a statement on Tuesday, adding that he will join the $500 billion business in September.
China’s Tencent talking to Vivendi about stake in Lady Gaga’s label
China’s Tencent Holdings Ltd is in talks to buy up to 20% of Universal Music Group (UMG) from Vivendi SA , valuing the music label of Lady Gaga, Ariana Grande and the Beatles at around 30 billion euros ($34 billion), as both firms look to expand in a …
Wall St. rebounds, up 1% after China moves on yuan
U.S. stocks jumped more than 1 percent on Tuesday, bouncing back from a sharp sell-off the previous day as China stepped in to stabilize the yuan, easing concerns that currencies would be the latest weapon in the trade war.
