The S&P 500 and Dow ended a volatile session down slightly on Tuesday as investor optimism over China-U.S. trade talks was offset by U.S. President Donald Trump’s threat to shut down the U.S. government and by political uncertainty in Britain.
Canada confirmed on Tuesday that one of its citizens was detained in China but said it saw no explicit connection to the arrest in Vancouver of a top executive at Chinese telecoms giant Huawei Technologies Co [HWT.UL].
The U.S. State Department expressed concern on Tuesday about reports a Canadian citizen has been detained in China following the arrest of Huawei Technologies’ [HWT.UL] chief financial officer in Canada, and it urged Beijing to end arbitrary detentions.
Wall Street’s three major indexes turned higher in a volatile session as investors appeared hopeful about China-U.S. trade talks, reversing an earlier slump that coincided with President Donald Trump’s threat to shut down the U.S. government.
McDonald’s Corp said on Tuesday it plans to reduce the use of antibiotics in its global beef supply, fueling projections that other restaurants will follow suit.
Britain’s government will continue granting contracts to Interserve Plc as the debt-laden British outsourcing company battles to avoid a Carillion-style collapse, the Financial Times reported on Tuesday.
The Trump administration is considering issuing a new travel advisory for China to caution American business executives and other citizens, following Canada’s arrest of the chief financial officer of China’s Huawei Technologies Co Ltd [HWT.UL] at the request of the U.S. government, two sources said on Tuesday.
A gauge of global stock markets rose in volatile trade on Tuesday following threats by U.S. President Donald Trump to shut down the government over a funding fight, though stocks in Europe advanced on signs of a thaw in the U.S.-China trade battle.
China has indicated it will cut tariffs on U.S.-made autos and car parts, a Trump administration official said on Tuesday, adding that Washington is still awaiting formal documentation of the reduction and details on timing of the move.
IP AND PRODUCTS STRATEGY IS PUT IN PLACE TO INCREASE REVENUES, BUILD THE BRAND AND POSITION THE COMPANY FOR A HANDSOME SETTLEMENT OR M&A TRANSACTION ++ LOS ANGELES, CA – December 11, 2018 – Decision Diagnostics […]
Brazil’s fourth-largest airline, Avianca Brasil, filed for bankruptcy protection on Monday, saying its operations had been threatened by potential repossession of aircraft, according to a legal document seen by Reuters.
McDonald’s Corp on Tuesday released guidelines for suppliers of beef in its top 10 sourcing countries to curb the use of antibiotics as the fast-food giant joins a broad effort to battle dangerous superbugs.
Canada confirmed on Tuesday that one of its citizens was detained in China but said it saw no explicit connection to the arrest in Vancouver of a top executive at Chinese telecoms giant Huawei Technologies Co [HWT.UL].
Vodafone’s purchase of Liberty Global’s assets in Germany and east Europe may damage competition in Germany and the Czech Republic, EU antitrust regulators said on Tuesday, as they opened a full-scale probe into the $21.8 billion deal.
The S&P 500 gave up most gains and Dow Industrials turned lower on Tuesday after President Donald Trump’s threat to shut down the government over funding for a border wall undid the boost to markets from optimism over China-U.S. trade talks.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
