Wall St. opens lower as trade worries keep investors on sidelines
U.S. stocks opened lower on Tuesday, as renewed worries over a prolonged trade spat between the United States and China weighed on investor sentiment.
Nissan’s premium brand Infiniti names new global chief
Nissan Motor Co’s premium division Infiniti is expected to announce a new acting global chief for the brand, the company said, after its current head, Christian Meunier, left to lead the Jeep unit of Fiat Chrysler Automobiles.
Vaping companies facing European opposition to higher nicotine level
A push by makers of electronic cigarettes to raise nicotine levels in the European Union towards their far higher American levels is running into opposition, a senior executive at U.S. market leader Juul said on Tuesday.
BMW hikes X3 production in China, U.S., mitigating fallout from tariffs
BMW’s Chief Executive on Tuesday said the carmaker has increased production of its X3 offroader model in Spartanburg, South Carolina, as well as in China, a step which reduces exposure to trade tariffs between China and the United States.
Ferrari shares race ahead after fast start to 2019
Ferrari beat forecasts on Tuesday with a 14 percent rise in first-quarter core earnings, boosting its shares on growing expectations the Italian luxury carmaker might soon raise its full-year financial targets.
Mylan quarterly revenue misses estimates, shares fall
Drugmaker Mylan NV missed Wall Street estimates for quarterly revenue on Tuesday, hurt by restructuring at its Morgantown plant in West Virginia and a stronger dollar, sending its shares down 4.5 percent.
Jet Airways pilots’ union asks India’s top court to direct lender to release funds
Jet Airways’ pilots’ union has appealed to India’s top court to direct State Bank Of India (SBI) to release interim funding to try to revive the grounded airline, according to a court filing made on Tuesday which was reviewed by Reuters.
Trade worries keep shares weak, Turkey reels again
U.S. President Donald Trump’s latest threat to ramp up trade tariffs on China kept global share markets weak on Tuesday, while Turkey’s lira was back in trouble as concerns about its politics erupted again.
Wall Street set for lower open on trade jitters
Wall Street was set to open lower on Tuesday, as renewed worries over a prolonged trade spat between the United States and China weighed on investor sentiment.
Allergan raises 2019 forecasts as Botox boosts results
Allergan Plc raised its profit and revenue forecasts for the year on Tuesday as it beat expectations for quarterly profit, fueled by higher sales of its blockbuster anti-wrinkle injection Botox.
