Wall Street falls as U.S.-China tariffs kick in
The S&P 500 and the Dow closed lower on Monday after a new round of U.S.-China trade tariffs kicked in, dampening last week’s hopes for talks between the two countries, and as investors awaited a widely expected interest rate hike by the Federal Reserve.
Global stock markets fall on trade war pessimism; oil rallies
Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.
Walmart, Sam’s Club to put food products on blockchain
Walmart and its unit Sam’s Club said on Monday leafy greens suppliers will be asked to implement real-time, farm-to-store tracking using blockchain technology by next September, as the retailer tackles food-safety incidents.
U.S., European Union still in ‘exploratory’ talks on trade – EU’s Malmstrom
The European Union and the United States are still in exploratory talks about how they can pursue a limited trade agreement, with no real negotiations yet started, EU Trade Commissioner Cecilia Malmstrom said on Monday.
Wall Street drops as Rosenstein jitters add to trade woes
Industrials took the biggest knock on Wall Street on Monday as the latest U.S.-China tariffs kicked in, while adding to uncertainty were questions over whether Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, had quit.
Canada’s Barrick Gold to buy Randgold for $6.5 billion in all-stock deal
Canada’s Barrick Gold Corp has agreed to buy Randgold Resources Ltd in an all-stock deal valuing the Africa-focused miner at $6.5 billion, to create the world’s largest gold producer in an industry under investor pressure to put capital to good use.
United Technologies explores sale of Chubb Fire & Security: sources
United Technologies Corp is exploring a sale of its Chubb Fire & Security division for more than $3 billion, people familiar with the matter said on Monday.
Michael Kors set to snap up Italy’s Versace: sources
U.S. fashion group Michael Kors has agreed to take control of Versace in a deal that could value one of Italy’s most prized designers at $2 billion, sources familiar with the matter said on Monday.
Wall Street drops on trade worries, Rosenstein news
U.S. stock indexes dropped on Monday, led by industrials that bore the brunt of the latest round of U.S.-China tariffs and on reports that Deputy Attorney General Rod Rosenstein, who oversees the Mueller investigation, may be on his way out.
Stock markets fall on trade war pessimism, oil rallies
Stock markets around the world retreated on Monday amid concerns over the potential wider impact of a trade spat between China and the United States, while oil prices rallied to a four-year high after OPEC ignored U.S. calls to raise supply.
