Trump snubs UK Labour leader, calls him a “negative force”
U.S. President Donald Trump said on Tuesday he had decided not to meet opposition Labour leader Jeremy Corbyn on his trip to Britain, describing him as a “negative force”.
Thousands protest against Trump in London but fewer than last year
Thousands of people protested in central London on Tuesday against U.S. President Donald Trump’s pomp-laden state visit to Britain, but numbers were well down on the tens of thousands who gathered to oppose his visit last year.
Fed’s Powell commits to ‘act as appropriate’ to defend U.S. economy
U.S. Federal Reserve Chairman Jerome Powell said on Tuesday the central bank will “act as appropriate” in response to risks posed by a trade war, remarks that may open the door to the possibility of a rate cut.
Stocks gain as investors mull chances of rate cut; bond yields rise
Global stock indexes climbed on Tuesday as investors weighed the possibility of an interest rate cut from the Federal Reserve, while yields on 10-year U.S Treasuries moved higher.
Instant View – Fed will respond ‘as appropriate’ to risks like trade war: Powell
The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
Wall Street gains on rate-cut hopes; tech leads rebound
U.S. stocks rose on Tuesday, led by a rebound in the battered technology sector, as Federal Reserve Chair Jerome Powell’s said the central bank would act “as appropriate” to trade war risks, leaving the door open for a possible rate cut.
U.S. manufacturing struggling as orders, shipments decline
New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.
Powell: Fed will act ‘as appropriate’ in face of trade, other risks
The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
U.S. factory orders fall; shipments post largest drop in two years
New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continued weakness in manufacturing activity that could undercut the broader economy.
Pernod confident on Asia, Jacob’s Creek selling well in China
Drinks group Pernod Ricard, which is being targeted by activist investor Elliot, sounded confident on Tuesday over its growth prospects in Asia including for wines such as its Jacob’s Creek brand.
