Asia shares try to bounce with Wall St, but trade fears lurk
SYDNEY (Reuters) – Asian shares were trying to bounce on Wednesday as investors underwent another of the mercurial mood swings that have plagued markets recently, and one could prove just as fleeting given simmering fears of a trade war.
Ad group WPP to probe alleged misconduct by CEO Sorrell, who rejects accusations
(Reuters) – British advertising group WPP Plc said on Tuesday it was conducting an investigation in response to an allegation of personal misconduct against its chief executive, Martin Sorrell, who denied wrongdoing.
U.S. escalates China trade showdown with tariffs on $50 billion in imports
WASHINGTON (Reuters) – The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, targeting 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s i…
Ad group WPP to probe allegations of misconduct against CEO Sorrell
(Reuters) – British advertising group WPP Plc said on Tuesday it is conducting an investigation in response to an allegation of personal misconduct against its chief executive, Martin Sorrell.
Spotify shares jump in record-setting direct listing
NEW YORK/SAN FRANCISCO (Reuters) – Shares of Spotify Technology SA ended up 12.9 percent on their first day of trade on the New York Stock Exchange, a smooth debut that could pave the way for other companies looking to go public without the aid of Wall…
U.S. unveils tariffs on $50 billion worth of Chinese imports
WASHINGTON (Reuters) – The Trump administration on Tuesday raised the stakes in a growing trade showdown with China, announcing 25 percent tariffs on some 1,300 industrial technology, transport and medical products to try to force changes in Beijing’s …
Short-sellers sink teeth into succulent FANG stocks
NEW YORK (Reuters) – The U.S. stock market has taken a beating on the recent technology rout. But for short-sellers, it has been nothing short of a boon.
Any NAFTA deal in principle would focus on auto rules: sources
OTTAWA (Reuters) – The United States, Canada and Mexico could soon announce a deal in principle to update NAFTA that would likely tackle the key issue of autos content while leaving other contentious chapters to be dealt with later, three sources famil…
Wall Street closes higher as S&P rises above key support level
NEW YORK (Reuters) – The three major U.S. stock indexes ended higher after a choppy session on Tuesday as investors looked forward to earnings season while the S&P 500 pushed above a key support level and Amazon.com shares jumped on bets that criticism from President Donald Trump would not translate to policy changes.
Amazon finishes higher despite Trump’s new threat on shipping rates
WASHINGTON (Reuters) – The largest American business lobby group came to the defense of Amazon.com Inc on Tuesday after a multi-day Twitter attack by U.S. President Donald Trump that included unsubstantiated criticism of the world’s biggest online ret…
