Tech stocks power Wall St. at open
(Reuters) – A bounce in tech stocks, led by Apple and Nvidia, lifted the three major indexes on Tuesday.
Commerce Secretary Ross tells China to guarantee fairness for U.S. firms
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross said China needed to “guarantee fair and reciprocal treatment for U.S. firms” as he tried to strike an upbeat tone on a visit to Beijing amid trade tensions between the two countries.
Uber to tell UK employment tribunal it operates just like rivals
LONDON (Reuters) – Uber will defend its business model at a British employment tribunal on Wednesday arguing its drivers are self-employed and work the same way as those at long-established local taxi firms, according to a court document.
Wall St. opens higher as tech stocks recover
(Reuters) – Wall Street was higher at the open on Tuesday as technology stocks recovered, although tensions between the United States and North Korea limited gains.
U.S. hones in on NAFTA labor, investment as top officials join talks
OTTAWA (Reuters) – Talks to modernize NAFTA kick into higher gear on Tuesday when top officials from Canada, the United States and Mexico join the negotiations in Ottawa where the U.S. is expected to propose draft text on labor, investment and intellec…
Commerce Secretary Ross tells China to guarantee fair treatment for U.S. firms
BEIJING (Reuters) – U.S. Commerce Secretary Wilbur Ross said China needed to “guarantee fair and reciprocal treatment for U.S. firms” as he tried to strike an upbeat tone on a visit to Beijing amid trade tensions between the two countries.
Alstom and Siemens rail deal stirs French political passions
MUNICH/PARIS (Reuters) – Siemens and Alstom are expected to announce a deal merging their rail operations on Tuesday, a Franco-German industrial breakthrough for President Emmanuel Macron but a move already riling opposition politicians.
Uber to withdraw from Quebec: CBC News
(Reuters) – Ride-hailing service Uber [UBER.UL] will stop operating in the Canadian province of Quebec, CBC News reported, citing Radio Canada.
North Korea, Fed nerves stifle global stocks, euro still groggy
LONDON (Reuters) – World stocks and the euro fell for a fourth day on Tuesday, as investors who had piled into both all year took a step back as the list of global uncertainties began to lengthen again.
Alibaba takes control of logistics business, pledges $15 billion to expand network
HONG KONG/BEIJING (Reuters) – Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a global logistics network, underscoring aggressive expans…
