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U.S. plans in-person China trade talks next month: White House adviser

The Trump administration is still planning for a round of in-person talks between U.S. and Chinese officials in September after a constructive exchange this week between deputy-level negotiators, White House economic adviser Larry Kudlow said on Thursday.



5 years ago

Salesforce sees higher quarterly, FY revenue; shares rise 7%

Salesforce.com Inc forecast third-quarter and full-year revenue above Wall Street estimates on Thursday, as it benefits from acquisitions and more companies opting for its cloud-based services, sending its shares up 7% in extended trading.



5 years ago

White House mulling tax cuts but not to counter short-term weakness: adviser

The Trump administration is studying tax cuts to buttress long-term U.S. economic growth that could be rolled out during the 2020 election campaign but is not looking at action to counter any perceived economic weakness now, the White House economic adviser said on Thursday.



5 years ago

For U.S. housing, trade war set to blunt some of Fed stimulus: Reuters poll

The U.S.-China trade war may blunt some of the stimulus on the U.S. housing market from expected further interest rate cuts by the Federal Reserve, with only a modest outlook for price rises, a Reuters poll of property market experts found.



5 years ago

U.S. SEC fines Deutsche Bank $16 million to settle foreign corruption charges

Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government officials in order to win or retain business, the U.S. markets regulator said on Thursday.



5 years ago

Asian stocks shaky before Powell's speech as growth woes weigh

Asian shares struggled to make any headway on Friday as weak U.S. manufacturing activity and uncertainty over how much further the Federal Reserve would cut rates added to the general air of caution in markets buffeted by global growth fears.



5 years ago

Swiss telecom Sunrise touts $6.4 billion UPC deal, blasts shareholder as 'self-serving'

Swiss telecommunications company Sunrise Communications on Thursday escalated its defence of its planned takeover of Liberty Global's Swiss unit UPC, touting additional synergies and blasting a shareholder that is fighting the deal.



5 years ago

Oil dips amid economic concerns after U.S. fuel stocks build

Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer.



5 years ago

Asia shares slip, long for clarity on Fed policy

Asian shares drifted off on Thursday as uncertainty over the outlook for both U.S. interest rates and the chance of global fiscal stimulus sucked the life out of markets.



5 years ago

China says it hopes U.S. stops wrong tariff action, vows to retaliate

China hopes the United States will stop its wrong tariff action, the commerce ministry said on Thursday, adding that any new tariffs would lead to escalation, despite delays in implementing the levies.



5 years ago

Swiss telco Sunrise fights to save $6.4 billion Liberty deal

Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal.



5 years ago

Denmark's Novo Nordisk files lawsuit against Mylan over patent

Novo Nordisk said on Thursday it has filed litigation in a Delaware district court against Mylan aimed at blocking its attempt to market a generic version of the Danish insulin maker's drug Victoza.



5 years ago

Oil prices fall on economic worries after U.S. fuel stocks climb

Oil prices dipped on Thursday, paring earlier gains, weighed down by worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer.



5 years ago

Ryanair says no initial flight disruption from UK pilot strike

All initial Ryanair flights to and from British and Irish airports departed without disruption on Thursday, the airline said, as some of its British-based pilots began a 48-hour strike.



5 years ago

China says hopes U.S. stops wrong tariff action, vows to retaliate if new levies imposed

China said on Thursday it hopes the United States will stop its wrong tariff action, adding that any new tariffs would lead to escalation.



5 years ago