NEW YORK (Reuters) – Global equity markets and the dollar rose on Tuesday as U.S. President Donald Trump reiterated the United States is close to signing a trade deal with China but offered no new details. Stocks on Wall Street set fresh record highs before Trump’s highly anticipated remarks to the Economic Club of New […]
(Reuters) – The executive in charge of the No. 1 seaport for U.S. trade with China on Tuesday said importers were not stockpiling goods ahead of President Donald Trump’s plan to slap 15% tariffs on cellphones, laptops, toys and other Chinese-made goods next month. Last year, U.S. importers rushed products from China to the Port […]
Southwest Airlines said Monday it would speed up inspections on 38 airplanes it bought from foreign air carriers after regulators threatened to ground the jets because they might not meet federal aviation safety requirements. The inspections will be completed by Jan. 31, five months sooner than planned, according to documents released Monday by the Senate […]
NEW YORK (Reuters) – President Donald Trump on Tuesday dangled the prospect of completing an initial trade deal with China “soon,” but offered no new details on negotiations in a campaign-style speech touting his administration’s economic record. Markets had been on edge about Trump’s highly anticipated remarks to The Economic Club of New York, but […]
SEATTLE (Reuters) – One of two Boeing Co (BA.N) technical pilots who described flaws in a crucial flight control system in leaked 2016 instant messages has been transferred to a new job at the U.S. planemaker, two people familiar with the matter said on Tuesday. The 2016 conversation between the employee, Patrik Gustavsson, and then-colleague […]
(Reuters) – White House economic adviser Larry Kudlow said on Tuesday there will be no tariff adjustments until trade deal with China is made. Kudlow said in a CNBC interview the United States and China have made progress on IP theft, financial services, currency stability, commodities and agriculture. U.S. President Donald Trump on Tuesday dangled […]
(Reuters) – The S&P 500 and Nasdaq indexes rose to record highs on Tuesday as trade-sensitive technology stocks gained ahead of a much-awaited speech by President Donald Trump, which was likely to provide some clarity on the U.S.-China tariff talks. Hopes of a resolution to the 16-month long tariff dispute and a strong corporate earnings […]
(Reuters) – Dean Foods Co (DF.N) said on Tuesday it filed for Chapter 11 bankruptcy protection, months after the owner of TruMoo chocolate milk and Meadow Gold ice creams ended a strategic review and decided to remain as a standalone firm. The Texas-based firm said it was in talks over a potential sale of its […]
IRISH INDEPENDENT and ‘Sunday Independent’ journalists have dominated the shortlist for this year’s prestigious UCD Smurfit School Business Journalist Awards, scooping eight out of 20 nominations. The awards, now in their 13th year, are run in conjunction with the Business Journalist Association of Ireland (BJAI) and sponsored by Bank of Ireland and aim to honour […]
SINGAPORE – Financial technology (fintech) firms in Singapore continued to attract the lion’s share of global funding among Asean countries, and the Republic remains the preferred base for fintech firms in the region. This is according to a report by United Overseas Bank (UOB), PwC and the Singapore FinTech Association (SFA) released on Tuesday (Nov […]