Weak economic data, tariff concerns weigh on stocks globally
Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed a U.S.-China trade truce against Washington’s threat to impose additional tariffs on European goods.
Canada aboriginal pipe dream might end Trudeau’s Trans Mountain nightmare
An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalis…
Scottish government ‘deeply concerned’ whisky involved in U.S.-EU trade dispute
The Scottish government said on Tuesday it is “deeply concerned” about Scotch whisky being implicated in a long-running trade dispute between the United States and the European Union.
Kering crown jewel Gucci banks on high-end gems for growth
Gucci, the luxury brand that powers most of parent Kering’s profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris – part of its bid to expand its reach after a blowout fashion makeover.
DoJ pushes T-Mobile to give more to Dish: CNBC
Dish Network Corp and T-Mobile US Inc are nearing a deal with the U.S. Department of Justice on a hosting agreement that would push Dish as a new U.S. wireless competitor, CNBC reported on Tuesday, citing sources.
Wall Street looks to earnings after strongest June in decades
On the heels of the S&P 500’s best June performance in more than six decades, investors are anxious to see whether earnings can justify further gains as the largest U.S. companies open their books in the coming weeks.
Wall St. dips as trade-fueled relief rally loses steam
U.S. stocks edged lower on Tuesday, as a relief rally sparked by optimism over the U.S.-China trade truce stalled after the United States threatened tariffs on additional European goods.
EU leaders’ tentative deal on top jobs hits opposition in parliament
French President Emmanuel Macron sought to break a deadlock over the EU’s top jobs on Tuesday by proposing France’s Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.
Automakers post mixed U.S. June sales; SUVs, truck sales stay strong
Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline.
Major companies call on U.S. Supreme Court to rule in favor of LGBT workers
More than 200 U.S. companies, including Amazon , Alphabet Inc’s Google , and Bank of America , on Tuesday urged the U.S. Supreme Court to rule that federal civil rights law prohibits discrimination against gay and transgender workers.
