Xi says trade talks progress, more meetings next week in U.S
Talks between China and the United States this week made important progress, President Xi Jinping told top U.S. trade negotiators on Friday, adding that efforts would continue in Washington next week to resolve their bruising trade war.
Risk of U.S. corporate recession rises as earnings outlook dims
The outlook for Wall Street earnings has deteriorated significantly in recent months, data shows, raising the risk that companies in the United States may slip into recession before its economy does – with Europe close behind.
PepsiCo forecasts surprise drop in 2019 adjusted profit
PepsiCo Inc forecast a surprise drop in full-year profit on Friday, hit by a stronger dollar, increased investments in its business and a higher tax bill.
Euronext confident ‘dual-listed’ trading to continue after Brexit
The trading of dual-listed shares in Britain by European investors is expected to continue after Brexit, a senior official at pan-European exchange Euronext has said.
PepsiCo forecast surprise drop in 2019 core profit
PepsiCo Inc forecast a surprise drop in full-year profit that was well below Wall Street estimates on Friday, hit by a stronger dollar, higher tax rate and increased investments in the business.
European shares recover after weak data wobble
European shares recovered on Friday after weak U.S. and Chinese economic data earlier sent global equity markets into a dive.
China’s Xi: trade talks with U.S. to continue in Washington next week
Chinese President Xi Jinping said on Friday trade talks with the United States will continue in Washington next week and that he hopes the two sides will be able to reach a mutually beneficial deal in the upcoming negotiations, state media reported.
German watchdog widens Deutsche monitor mandate over Danske
German financial watchdog Bafin has extended the mandate of its monitor at Deutsche Bank over the bank’s role in a money laundering scandal involving Danske Bank.
Lloyds Bank hires Morgan Stanley banker Chalmers as CFO
Britain’s biggest mortgage lender Lloyds Banking Group has hired senior Morgan Stanley banker William Chalmers as its new chief financial officer.
Qatar’s real estate market faces reality check ahead of World Cup
Qatar’s Doha Tower, a spike-tipped cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide real estate boom, but today about half of its 46 floors are empty.
