Exclusive: S&P Global cuts top sovereign analysts as part of broader cull
LONDON (Reuters) – The world’s biggest credit ratings agency S&P Global has cut more than five of its most senior sovereign analysts as part of a broader reduction of in excess of 100 staff, a source told Reuters.
Stock futures jump on report of U.S.-China trade talks
(Reuters) – U.S. stock index futures jumped more than 1 percent on Monday after a report that the United States and China had started trade negotiations, cooling fears about a trade war between the two countries.
China urges WTO members: Put U.S. tariff ‘beast back in the cage’
GENEVA (Reuters) – China called on World Trade Organization members on Monday to unite to prevent the United States “wrecking” the WTO, and it urged them to oppose U.S. President Donald Trump’s tariffs targeting China’s alleged theft of intellectual pr…
Hyundai union head fears GM-like crisis; says electric cars destroy jobs
ULSAN, South Korea (Reuters) – Hyundai Motor’s union chief warned its workers may face a similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slide, adding that electric cars were ‘evil’ and will destroy jobs.
SoftBank mulls $1 billion investment in Chinese truck-hailing firm: WSJ
(Reuters) – Japan’s SoftBank Group Corp is looking to invest $1 billion in Chinese truck-hailing company Manbang Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Hyundai union chief warns of job crisis, says electric cars are ‘evil’
ULSAN, South Korea (Reuters) – Hyundai Motor’s union chief warned its workers may face a similar crisis to the one hitting General Motors’ South Korean unit as sales in key markets slide, adding that electric cars were ‘evil’ and will destroy jobs.
World stocks bounce on report of U.S.-China trade talks
LONDON (Reuters) – World stocks came off six-week lows and U.S. stock futures jumped on Monday on optimism that the United States and China are set to begin negotiations on trade, easing fears about a trade war between the world’s two largest economies…
China willing to hold talks with U.S. to resolve trade differences
BEIJING (Reuters) – China is willing to hold talks with the United States to resolve their differences over trade, China’s foreign ministry said on Monday, as alarm grows over a possible trade war between the world’s two largest economies.
Stocks rebound as report of U.S.-China trade talks improves mood
SYDNEY (Reuters) – U.S. stock futures led global shares higher on Monday after reports that the United States and China have quietly started negotiations to improve U.S. access to Chinese markets eased fears of a trade war between the two economic gian…
Short visits rise at Whole Foods stores with Amazon lockers
LOS ANGELES (Reuters) – Shoppers are making more quick trips to Whole Foods stores that have installed Amazon.com lockers, giving the natural and organic retailer a new way to boost sales, research from location data advertising firm inMarket showed o…
