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24 Aug

Thousands march in Hong Kong; China frees UK mission worker

Thousands March In Hong Kong; China Frees UK Mission Worker

. Anti-extradition bill protesters hold hands to form a human chain during a rally to call for political reforms at Mongkok, in Hong Kong By Jessie Pang and Marius Zaharia HONG KONG Hong Kong shut four subway stations to head off an anti-government protest in a gritty industrial district on Saturday but thousands marched anyway, as China released a Britis

24 Aug

Four Hong Kong stations close to head off protest as China frees UK consulate worker

Four Hong Kong Stations Close To Head Off Protest As China Frees UK Consulate Worker

. Anti-extradition bill protesters hold hands to form a human chain during a rally to call for political reforms at Mongkok, in Hong Kong By Jessie Pang and Marius Zaharia HONG KONG Hong Kong's rail operator shut down four stations ahead of a planned protest on Saturday as the Chinese-ruled city braced for further unrest and as China released an employee

24 Aug

Hong Kong airport operating normally despite planned 'stress test' protest

Hong Kong Airport Operating Normally Despite Planned 'stress Test' Protest

. Hong Kong airport operating normally despite planned 'stress test' protest HONG KONG Hong Kong's airport and the roads and railways leading to it were operating normally early on Saturday despite plans by protesters to implement a "stress test" of transport links to the aviation hub early in the day.Those seeking to enter the terminal had to show valid

24 Aug

Wall Street Weekahead: Investors look at dollar stores as U.S. recession fears increase

Wall Street Weekahead: Investors Look At Dollar Stores As U.S. Recession Fears Increase

. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By David Randall NEW YORK More investors are watching the shares of discount retailers like Dollar General Corp (N:DG) and Dollar Tree Inc (O:DLTR), which perform better during economic downturns, in the hopes of gauging changes in consumer behavior, though higher tariffs ma

23 Aug

U.S. Steel to idle Indiana plant, 150 jobs at risk

U.S. Steel To Idle Indiana Plant, 150 Jobs At Risk

. U.S. Steel to idle Indiana plant, 150 jobs at risk CHICAGO U.S. Steel said on Friday it will idle a plant in Indiana by mid-November as part of the consolidation of its till mill operations in the United States, a move which could result in lay-offs for nearly 150 employees.The news comes days after the Pittsburgh-based company revealed its plans to let

23 Aug

Trump jacks up tariffs on Chinese imports in latest tit-for-tat

Trump Jacks Up Tariffs On Chinese Imports In Latest Tit-for-tat

WASHINGTON President Donald Trump said on Friday the United States would subject Chinese imports to an additional 5% tariff in response to what he called a politically motivated move by China to impose tariffs on $75 billion worth of U.S. exports."Sadly, past Administrations have allowed China to get so far ahead of Fair and Balanced Trade that it

23 Aug

Answering Trump, UPS, FedEx and USPS say they already fight illegal drug shipments

Answering Trump, UPS, FedEx And USPS Say They Already Fight Illegal Drug Shipments

. A Federal Express delivery truck is shown in downtown Los Angeles By Lisa Baertlein and Ankit Ajmera FedEx Corp (N:FDX), United Parcel Service Inc (N:UPS) and the U.S. Postal Service said on Friday they are already working to stop traffickers from using their services after U.S. President Donald Trump ordered delivery firms to refuse packages of the p

23 Aug

U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.37%

U.S. Stocks Lower At Close Of Trade; Dow Jones Industrial Average Down 2.37%

. U.S. stocks lower at close of trade; Dow Jones Industrial Average down 2.37% – U.S. stocks were lower after the close on Friday, as losses in the Oil & Gas, Technology and Industrials sectors led shares lower.At the close in NYSE, the Dow Jones Industrial Average declined 2.37%, while the S&P 500 index declined 2.59%, and the NASDAQ Composite index decli

23 Aug

Canada stocks lower at close of trade; S&P/TSX Composite down 1.33%

Canada Stocks Lower At Close Of Trade; S&P/TSX Composite Down 1.33%

. Canada stocks lower at close of trade; S&P/TSX Composite down 1.33% – Canada stocks were lower after the close on Friday, as losses in the Energy, Industrials and IT sectors led shares lower.At the close in Toronto, the S&P/TSX Composite declined 1.33%.The best performers of the session on the S&P/TSX Composite were Cargojet Inc (TSX:CJT), which rose

23 Aug

Brazil says Mercosur reached trade deal with EFTA bloc: president

Brazil Says Mercosur Reached Trade Deal With EFTA Bloc: President

SAO PAULO Brazilian President Jair Bolsonaro said on Friday the South American common market Mercosur has concluded a trade deal with EFTA, the European free trade group formed by Switzerland, Norway, Iceland and Liechtenstein.In a post on Twitter, Bolsonaro said the deal is a positive result of his government's diplomatic efforts to open up trade

23 Aug

California rare earths miner races to refine amid U.S.-China trade row

California Rare Earths Miner Races To Refine Amid U.S.-China Trade Row

. California rare earths miner races to refine amid U.S.-China trade row By Ernest ScheyderThe owner of the only U.S. rare earths mine is going on a hiring spree as it looks to significantly boost production, part of a strategy to build out American refining capability after China raised tariffs on the minerals amid an escalating trade war.By next year, M

23 Aug

Stocks - Wall Street Plunges as Trumps Tells US Companies to Leave China

Stocks - Wall Street Plunges As Trumps Tells US Companies To Leave China

. – Stocks tumbled Friday as the U.S.-China trade dispute intensified and President Donald Trump announced he was ordering U.S. companies with China facilities to move them somewhere else.The S&P 500 fell 2.59%. The Dow was off nearly 2.37X%, and the Nasdaq Composite was down 3.0%. The Nasdaq 100, heavily influenced by some of the biggest names in technology,

23 Aug

On-off trade tariffs wreak havoc on U.S. company planning

On-off Trade Tariffs Wreak Havoc On U.S. Company Planning

By Rajesh Kumar SinghCHICAGO Win Cramer thought his company was out of the firing line in the escalating Sino-U.S. trade war after his "Made-in-China" wireless headphones, speakers and earbuds were taken off Washington's tariff list a year ago.Little did the JLab Audio chief executive know that nine months later those products would again be targe

23 Aug

Responding to Trump, UPS and FedEx say they already fight illegal drug shipments

Responding To Trump, UPS And FedEx Say They Already Fight Illegal Drug Shipments

. FILE PHOTO: The logo of United Parcel Service is seen at the new package sorting and delivery UPS hub in Corbeil-Essonnes and Evry By Lisa Baertlein and Ankit Ajmera FedEx Corp (N:FDX) and United Parcel Service Inc (N:UPS) said on Friday they already work closely with law enforcement to stop illegal shipments from entering the country after U.S. Presi

23 Aug

American Express Falls 4%

American Express Falls 4%

. American Express Falls 4% American Express (NYSE:AXP) fell by 4.13% to trade at $117.19 by 15:54 (19:54 GMT) on Friday on the NYSE exchange.The volume of American Express shares traded since the start of the session was 3.71M. American Express has traded in a range of $117.22 to $122.01 on the day.The stock has traded at $126.1500 at its highest and $117.1900

23 Aug

Stocks: S&P Slumps As Trumps Tells US Companies to Leave China

Stocks: S&P Slumps As Trumps Tells US Companies To Leave China

. – Stocks slumped on Friday as the U.S.-China trade dispute intensified and President Donald Trump announced he was ordering U.S. companies with China facilities to move them somewhere else.The S&P 500 fell nearly 2%. The Dow Jones industrials were off about 1.9%, and the NASDAQ Composite was down 2.53%. The Nasdaq 100 Index, heavily influenced by some of th

23 Aug

StockBeat: Footlocker Slumps After Earnings Fall Short

StockBeat: Footlocker Slumps After Earnings Fall Short

. – Footlocker slumped on Friday after the apparel company reported second-quarter results that fell short of estimates on both top and bottom lines.Footlocker reported earnings of 66 cents per share on revenue of $1.774 billion, missing consensus estimates from for earnings of 67 cents a share on revenue of $1.82 billion, sending shares sliding than 17%.Same-st

23 Aug

Trump administration considers boost to biofuel mandates to ease farmer anger: sources

Trump Administration Considers Boost To Biofuel Mandates To Ease Farmer Anger: Sources

. U.S. President Donald Trump returns after travelling to the AMVETS convention in Kentucky, at the South Lawn of the White House in Washington By Stephanie Kelly, Humeyra Pamuk and Jarrett Renshaw NEW YORK/WASHINGTON The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt over its r

23 Aug

Responding to Trump, UPS, FedEx say they already fight illegal drug shipments

Responding To Trump, UPS, FedEx Say They Already Fight Illegal Drug Shipments

United Parcel Service Inc (N:UPS) and FedEx Corp (N:FDX) on Friday said they already work closely with law enforcement to stop illegal shipments from entering the country, after U.S. President Donald Trump called on delivery firms to refuse packages of synthetic opioid fentanyl from China.Trump told UPS, FedEx, the U.S. Postal Service (USPS) and

23 Aug

British Airways pilots to strike for three days in September

British Airways Pilots To Strike For Three Days In September

. FILE PHOTO: File photograph shows British Airways aircraft at Heathrow Airport in west London LONDON British Airways pilots are to go on strike for three days in September, their union said on Friday, in a dispute over pay that could disrupt the peak summer holiday season. Last month, the pilots overwhelmingly voted for industrial action and the airline

23 Aug

France stocks lower at close of trade; CAC 40 down 1.14%

France Stocks Lower At Close Of Trade; CAC 40 Down 1.14%

. France stocks lower at close of trade; CAC 40 down 1.14% – France stocks were lower after the close on Friday, as losses in the Foods & Drugs, Gas & Water and General Financial sectors led shares lower.At the close in Paris, the CAC 40 lost 1.14%, while the SBF 120 index declined 1.10%.The best performers of the session on the CAC 40 were Safran SA (PA

23 Aug

Germany stocks lower at close of trade; DAX down 1.15%

Germany Stocks Lower At Close Of Trade; DAX Down 1.15%

. Germany stocks lower at close of trade; DAX down 1.15% – Germany stocks were lower after the close on Friday, as losses in the Technology, Chemicals and Insurance sectors led shares lower.At the close in Frankfurt, the DAX declined 1.15%, while the MDAX index fell 0.81%, and the TecDAX index fell 1.03%.The best performers of the session on the DAX were Wirecard

23 Aug

South African court denies Zambia leave to appeal in Vedanta case

South African Court Denies Zambia Leave To Appeal In Vedanta Case

By Barbara LewisLONDON A South African high court judge on Friday refused Zambia's state mining company ZCCM leave to appeal a previous ruling halting the sale of Vedanta Resources' (NS:VDAN) majority-owned Konkola Copper Mines (KCM) pending arbitration.Vedanta has been locked in a dispute with the Zambian government since May, when Lusaka appoint

23 Aug

Stocks - Wall Street Shrugs After Powell's Speech

Stocks - Wall Street Shrugs After Powell's Speech

. U.S. stocks traded lower Friday after Federal Reserve Chairman Jerome Powell reiterated that the central bank will act “as appropriate” to sustain the economy, in a speech that also blamed trade policy for much of the global economic slowdown.The Dow Jones Industrial Average was down 33 points, or 0.1%, by 10:30 AM ET (14:30 GMT), while the S&P 500 was