Shares push to 22-month high as trade hopes endure
World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the United States and China can reach a deal to end their damaging trade war.
World shares touched their highest in nearly two years on Tuesday as investors maintained bets that the United States and China can reach a deal to end their damaging trade war.
Huawei Technologies has dismissed a new 90-day extension by the Trump administration allowing U.S. firms to continue doing business with the Chinese company as making little difference, repeating that it was being unfairly treated.
Airbus and Saudi budget airline flynas have reached a final agreement on exercising purchasing options to order long range A321XLR jets, industry sources told Reuters on Tuesday.
Air Senegal signed a memorandum of understanding (MoU) for eight Airbus' A220 aircraft at the Dubai Airshow on Tuesday.
Emirates still intends to take the 150 Boeing 777X jets it had ordered, but that could change depending on the delivery schedule, its president said on Tuesday.
The top 200 Chinese companies spanning consumer, technology, industrial, property and financial industries reported September quarter earnings well ahead of market expectations, setting them up for a strong showing next year, analysts said.
Oil extended declines to $62 a barrel on Tuesday, pressured by limited progress in efforts to resolve the trade conflict between the United States and China as well as an expected rise in U.S. crude inventories.
The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler , PSA executives and union representatives said.
Home Depot Inc said on Tuesday its efforts to integrate online and in-store shopping were taking longer than expected to pay off, prompting the retailer to cut its 2019 sales forecast and sending its shares down 7% in premarket trade.
Qantas has asked Airbus and Boeing for a better deal on planes capable of non-stop Sydney-London flights before deciding whether to place an order.
Wall Street's reaction so far to Walt Disney Co's long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix Inc .
The Republic of Ghana and Boeing signed a provisional order for three 787-9 Dreamliners on Tuesday at the Dubai Airshow.
Flynas has signed an order for 10 long-range Airbus A321XLR jets, the Saudi budget airline said at the Dubai Airshow on Tuesday.
Morgan Stanley believes Broadcom can leverage its skill in the chip business as well as its healthy cash flow to diversify into software.
Home Depot Inc said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.