New orders for key U.S.-made capital goods dropped by the most in eight months in December and shipments were weak, suggesting business investment contracted further in the fourth quarter and remained a drag on economic growth.
NEW YORK - A dramatic rally in Treasuries this week led some key parts of the U.S. yield curve to reinvert, a signal that has traditionally been bearish for the U.S. economy.
Freeport-McMoran Inc , the world's largest publicly traded copper producer, would consider acquisitions, mergers or other deals once three ongoing expansion projects finish by 2022, Chief Executive Richard Adkerson said in an interview on Tuesday.
United Airlines Holdings Inc said on Tuesday it was suspending some flights between the United States and Beijing, Hong Kong and Shanghai between Feb. 1 and Feb. 8 due to a "significant decline in demand" as the new coronavirus spreads.
U.S. President Donald Trump and Britain's Prime Minister Boris Johnson "discussed critical regional and bilateral issues, including telecommunications security" in a conversation on Tuesday, White House spokesman Judd Deere said in a statement.
U.S. boutique investment bank Centerview has found an office in the heart of Paris and is hiring senior bankers to establish a second European hub as Brexit looms, three sources told Reuters.
The S&P 500 rose over 1% on Tuesday as a surge in Apple and other technology stocks helped the benchmark index recover from its worst selloff in about four months that was sparked by concerns over the coronavirus outbreak.
Prime Minister Boris Johnson told President Trump on Tuesday that countries should work together to break the dominance of a small number of companies after Britain granted Chinese firm Huawei [HWT.UL] a limited role in its 5G mobile network.
Renault's Tuesday named Luca de Meo, the former head of Volkswagen's Seat brand, as its next chief executive, as the carmaker looks to draw a line under a year of turmoil by finalizing a long-awaited management shake-up.
Pfizer Inc on Tuesday reported lower-than-expected quarterly profit and a decline in revenue as sales of its off-patent pain treatment Lyrica more than halved, sending its shares down more than 3%.
Top Chinese smartphone maker Huawei Technologies Co Ltd thrived in 2019 at the expense of smaller Chinese rivals and Apple even as the smartphone market shrank further and consumers favored phones with 5G technology, data shows.
Atlantia shares gained more than 6% on Tuesday as comments from a minister rekindled hopes that the infrastructure group could reach a compromise with the government over its lucrative motorway concession.
French carmaker Renault on Tuesday named former Volkswagen's Seat brand executive Luca de Meo as its new chief executive, as Renault moves to create a new management in the post-Ghosn era and shore up its alliance with Nissan .
The U.S. economy will grow at a "solid" rate of 2.2% this year, the non-partisan Congressional Budget Office forecast on Tuesday, but with federal budget deficits hitting $1.015 trillion.
United Airlines Holdings Inc is cancelling some flights to China as Facebook Inc and other global companies restrict travel to the country, with concerns over a flu-like virus deepening.