Canadian canola runs into Chinese delays after Huawei arrest
A political dispute between China and Canada over the arrest of a Huawei executive is slowing canola shipments through Chinese ports and causing some importers to hesitate to buy from their biggest supplier, according to interviews with a dozen traders…
Small-cap stocks shrug off debt concerns, for the moment
Small-cap stocks were among the biggest losers during the stock market’s rout late last year as investors worried about high leverage, but they have outperformed in 2019’s rebounding market, with shares of debt-laden companies leading the charge.
HSBC cuts dozens of investment banking jobs: source
HSBC is preparing to lay off dozens of staff in its global banking and markets business, a source with direct knowledge of the matter told Reuters on Tuesday.
Ralph Lauren steps up Instagram game, tops holiday sales forecasts
A marketing blitz involving supermodels and Instagram helped Ralph Lauren woo more customers and report another quarter of better-than-expected sales and earnings, sending its shares up over 12 percent on Tuesday.
Boeing makes ‘significant investment’ in supersonic jet developer Aerion
Boeing Co said on Tuesday it had made a significant investment in supersonic business jet developer Aerion, as the world’s biggest planemaker looks to tap into rising demand for high-end aircraft that can reduce travel time.
U.S. services sector activity at six-month low; shutdown blamed
U.S. services sector activity slowed to a six-month low in January as businesses worried about the impact of a partial shutdown of the federal government on the economy.
U.S. warns European allies not to use Chinese gear for 5G networks
The United States sees the European Union as its top priority in a global effort to convince allies not to buy Huawei equipment for next-generation mobile networks, a U.S. State Department Official said on Tuesday.
Wall Street rises on earnings optimism; State of the Union speech eyed
Technology and consumer discretionary stocks pushed Wall Street higher on Tuesday, as upbeat results from Estée Lauder and Ralph Lauren fueled earnings optimism, ahead of the highly awaited State of the Union address by President Donald Trump.
Shares surge to 2-month high, dollar climbs ahead of Trump speech
World stocks raced to a fresh two-month high on Tuesday to keep up their fast start to 2019 while the U.S. dollar strengthened for a fourth straight session as investors awaited President Trump’s annual State of the Union speech later in the day.
Goldman Sachs plans cuts in commodities trading unit: WSJ
Goldman Sachs Group Inc plans to chop its commodities business after a months-long review showed the business was using too much capital for too little profit, the Wall Street Journal reported https://on.wsj.com/2Dad9QQ on Tuesday, citing people famili…
