Argentina’s opposition have their sights set on voters like Alfredo Espinoza, 55, a recently laid-off metals worker from the edge of Buenos Aires, looking to tap into rising hardship to rally supporters and win over swing voters disenchanted by President Mauricio Macri.
Chinese trade data calms volatile global markets
Stronger-than-expected Chinese export data helped push global stock markets higher on Thursday following a volatile week that had investors scrambling for safety due to fears of a worldwide economic pullback.
U.S. government contractors to get first look at Huawei ban on Wednesday
The White House Office of Management and Budget is slated on Wednesday to release an interim rule for a ban on federal purchases of telecommunications equipment from five Chinese companies, including Huawei, a senior administration official said.
BP to enter India’s fuel retail market with Reliance tie-up
Global oil major BP is deepening its ties with Indian conglomerate Reliance Industries by forging a fuel retailing joint venture to capitalise on rising demand in Asia’s third-biggest economy.
Wall Street slumps as yuan slide intensifies trade angst
Wall Street’s main indexes fell sharply on Monday, with the Dow Jones Industrial Average tumbling more than 500 points, as China’s willingness to let the yuan slide in response to the latest U.S. tariff threat fanned fears that it could further aggravate an ongoing trade war.
Iran seizes foreign oil tanker smuggling fuel in Gulf – state media
Iranian Revolutionary Guards seized a foreign oil tanker in the Gulf which they said was smuggling fuel and detained seven crewmen, Iran’s state media reported on Sunday, in a show of power amid heightened tension with the West.
JPMorgan in pole position to lead WeWork IPO after debt offering: sources
WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people familiar with the matter said.
Are Investors Really Bleeding In This Weak Market? – The Best Time To Accumulate
The volatility and the current market performance allude the investors to adopt newer strategies to tide through the current faltering market conditions. Is it time to move out of Equity Market? Or is it time to reconsider your asset allocation? The selling pressure is visible with the fall in MidCap stocks at a volume of […]
Trump to announce EU beef trade deal Friday: economic adviser Kudlow
U.S. President Donald Trump will announce a deal on Friday to sell more American beef to Europe, White House economic adviser Larry Kudlow said, marking a modest win for an administration that remains mired in a trade war with China.
Yum Brands posts earnings beat on KFC boost, Pizza Hut rebound
Yum Brands Inc beat expectations for quarterly profit on Thursday, as menu refreshes and a delivery push drove better-than-expected growth at all of the restaurant operator’s chains, including Pizza Hut, sending its shares to a record high.