Xerox cuts full-year revenue forecast, shares fall
Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America.
Xerox Corp posted a better-than-expected quarterly profit on Tuesday, but cut its full-year revenue forecast citing organizational changes, primarily in North America.
U.S. stocks dipped on Tuesday as U.S.-China trade worries pressured technology shares, while the scale of consensus at the Federal Reserve in favor of deeper cuts in interest rates ate into optimism that drove markets to record highs last week.
Switzerland scrapped a 1.8 million Swiss franc ($1.8 million) sponsorship deal with Philip Morris International for the country's pavilion at Expo 2020 in Dubai after being widely criticized for taking tobacco money to promote its image abroad.
President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.
U.S. stocks slid on Tuesday after a fresh warning from President Donald Trump to China pressured technology shares, while investors speculated the scale of an interest rate cut at the end of the Federal Reserve's policy meeting.
Five major retailers, including Amazon.com Inc and Walmart Inc, were targeted in lawsuits filed on Tuesday by the University of California over what it called the "existential threat" posed by foreign manufacturers that infringe schools' patents.
Ogier | Andrew Munro | July 18, 2019 The newly enacted Electronic Transactions (Electronic Agents) (Guernsey) Ordinance, 2019, which came into force on 1st March this year, signals a turning point in law for companies using Artificial Intelligence which itself represents an area of exponential growth and critical importance for future development in many areas
U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Federal Reserve cutting interest rates on Wednesday for the first time in a decade.
Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.
A gauge of global stock markets fell on Tuesday as the latest round of U.S.-China trade talks began amid a threat from President Donald Trump, while concerns over a no-deal Brexit continued to drag the British currency lower.
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The Trump administration could respond by next week to companies that have requested special licenses to sell to Chinese telecoms giant Huawei Technologies Co Ltd, U.S. Commerce Secretary Wilbur Ross said on Tuesday during a visit to Brazil.
Five major retailers, including Amazon.com Inc and Walmart Inc , were sued on Tuesday by the University of California over what it called the "existential threat" when foreign manufacturers infringe schools' patents.
The U.S. Federal Aviation Administration hopes civil aviation authorities around the world will decide at about the same time to allow the Boeing 737 MAX to resume flying, the agency told Congress on Tuesday in a letter seen by Reuters.
U.S. stocks slipped on Tuesday after a warning from President Donald Trump to China pressured technology shares, while investors looked to an expected interest rate cut at the conclusion of the Federal Reserve's monetary policy meeting.