Global shares retain gains, Aussie felled by rates and coal woes
Signs the United States and China were tackling some of the stickiest issues in their trade war kept world shares near a four-month high on Thursday, though it could not prevent a favorite Chinese proxy, the Aussie dollar, hitting the skids.
U.S. business spending on equipment weakening
New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
Sweden, Estonia to jointly probe Swedbank over alleged money laundering
Swedish and Estonian finance watchdogs have opened a joint investigation into allegations that Swedbank played a role in the Baltic money laundering involving Danske Bank, the two supervisory bodies said on Thursday.
Stock futures extend losses after durable goods data
U.S. stock index futures added to losses on Thursday, after new orders for key U.S.-made capital goods unexpectedly fell in the month of December, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
U.S. core capital goods orders unexpectedly fall in December
New orders for key U.S.-made capital goods unexpectedly fell in December amid declining demand for machinery and primary metals, pointing to a further slowdown in business spending on equipment that could crimp economic growth.
U.S. weekly jobless claims fall, but trend weakening
The number of Americans filing applications for unemployment benefits fell last week, but the four-week moving average rose to a more than one-year high, suggesting the labor market was slowing down.
Apple, Goldman Sachs to jointly launch credit card paired with iPhone: WSJ
Goldman Sachs Group Inc has teamed up with Apple Inc to issue credit cards that will be paired with iPhones and will help users manage their money, the Wall Street Journal reported https://www.wsj.com/articles/apple-goldman-sachs-team-up-on-credit-card…
Huawei to open first flagship store outside China in Vienna
Huawei is to open a smartphone flagship store in Vienna, its first such outlet outside China, as part of a charm offensive in Europe where its future hangs in the balance.
U.S. won’t partner with countries that use Huawei systems: Pompeo
U.S. Secretary of State Mike Pompeo on Thursday warned that the United States would not be able to partner with or share information with countries that adopt Huawei Technologies Co Ltd systems, citing security concerns.
Brazil’s Vale to pay $3,200 to residents to compensate for dam burst that killed 300
Miner Vale SA said on Thursday it would pay adult residents in the Brazilian town of Brumadinho a total of 12,000 reais ($3,227.02) as compensation for the damage from a dam that collapsed and killed over 300 people in January.
