(Reuters) – Apple Inc (AAPL.O) on Wednesday forecast sales for the crucial holiday shopping quarter ahead of Wall Street expectations, with Chief Executive Tim Cook seeing strong sales of the wearables such as the noise-cancelling AirPods Pro and hoping for a U.S.-China trade deal by year-end. Cook wants to wean Apple off stagnating iPhone sales […]
NEW YORK (Reuters) – Wall Street gained ground and U.S. Treasury yields fell on Wednesday after the Federal Reserve signaled a pause in the current easing cycle following the expected announcement of a rate cut. At the conclusion of its two-day monetary policy meeting, the Fed cut key interest rates for the third time this […]
WASHINGTON (Reuters) – The Federal Reserve on Wednesday cut interest rates for the third time this year to help sustain U.S. growth despite a slowdown in other parts of the world, but signaled no further reductions ahead unless the economy takes a turn for the worse. “We believe that monetary policy is in a good […]
NEW YORK (Reuters) – Wall Street pared earlier losses and the U.S. Treasury yield curve flattened on Wednesday after the Federal Reserve cut interest rates, as expected. At the conclusion of its two-day monetary policy meeting, the Fed cut key interest rates for the third time this year, as it eyes uncertainties stemming from the […]
(Reuters) – When Apple Inc reports results on Wednesday, Wall Street expects flat fiscal fourth-quarter sales and lower full-year revenue compared with the prior year, mostly because of declining iPhone sales. Yet Apple’s stock price has hit all-time highs in recent weeks, as has its price-to-earnings valuation. Investors and analysts told Reuters that much of […]
LONDON (Reuters) – World shares slipped off 21-month highs on Wednesday as the prospect of a U.S. interest rate cut was offset by reports a Sino-U.S. trade deal may be delayed, but a possible $50 billion merger between Fiat-Chrysler and PSA capped European losses. Sentiment has also been dented by weak earnings from a swathe […]
TOKYO (Reuters) – A rally in global shares stalled on Wednesday, with Asian shares slipping from three-month highs, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed. European shares are also set for a soft opening session, with Euro Stoxx 50 […]
TOKYO (Reuters) – A rally in global shares stalled on Wednesday, with Asian shares slipping from three-month highs, as the prospect of a rate cut by the Federal Reserve was countered by worries a Sino-U.S. first-stage trade deal could be delayed. European shares are also set for a soft opening session, with Euro Stoxx 50 […]
The long-running legal battle between the National Asset Management Agency (Nama) and former Chicago Spire developer Garrett Kelleher has settled on undisclosed terms. Proceedings that were seeking a €46m judgment against Mr Kelleher, which were expected to last four weeks, were due to open before Mr Justice Michael Twomey at the Commercial Court yesterday. Please […]
SEOUL (Reuters) – Samsung Electronics Co Ltd has unveiled a new design for a smartphone that folds into a square, racing ahead in folding devices after it launched its first model in September. The South Korean tech giant teased youtu.be/AZDl_SP-w9E the new concept on Tuesday at the Samsung Developer Conference 2019 in the United States. […]