UK’s May hasn’t got credit she deserves on Brexit deal: Trump
British Prime Minister Theresa May probably has not got the credit she deserved for negotiating a Brexit deal with the European Union, U.S. President Donald Trump said on Tuesday, after May joked about Trump’s advice on the topic.
There is no choice but to spend more on defense, Trump tells NATO allies
U.S. President Donald Trump said NATO allies had no choice but to increase their military spending, repeating his demand that all those in the alliance meet the target of spending 2% of GDP a year on defense.
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.
