Fund managers hoping for stock rally look to emerging markets
NEW YORK (Reuters) – After emerging market stocks led global equity markets lower in a brutal 2018, some U.S.-based fund managers are betting that the asset class may have the…
Trump: Weakness in China economy gives Beijing incentive for trade deal
U.S. President Donald Trump speaks to the media as he departs for Camp David from the White House in Washington, U.S., January 6, 2019. REUTERS/Joshua Roberts WASHINGTON (Reuters) – U.S.…
Trump says China woes help U.S. in trade talks, downplays Apple warning
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning from Apple Inc that cited slowing sales in China and said China’s weakening economic growth puts the United…
Wall St. rebounds on robust jobs report, dovish Powell remarks
NEW YORK (Reuters) – Wall Street rebounded on Friday to close at its highest in two weeks after a strong jobs report and assurances from Federal Reserve Chairman Jerome Powell…
Upbeat employment report underscores U.S. economic strength
WASHINGTON (Reuters) – U.S. employers hired the most workers in 10 months in December while boosting wages, pointing to sustained strength in the economy that could ease fears of a…
Exclusive: California utility PG&E explores bankruptcy filing – sources
(Reuters) – California utility company PG&E Corp (PCG.N) is exploring filing some or all of its business for bankruptcy protection as it faces billions of dollars in liabilities related to…
Trump downplays Apple woes, says China economy helps U.S. in trade talks
WASHINGTON/BEIJING (Reuters) – President Donald Trump on Friday downplayed a revenue warning by Apple Inc and said slowing economic growth in China puts the United States in a strong position…
Nissan’s Ghosn to make first public appearance in 7 weeks in court on Tuesday
TOKYO (Reuters) – Ousted Nissan Motor Co Ltd (7201.T) chairman Carlos Ghosn is set to make his first public appearance in seven weeks at a Tokyo court on Tuesday after…
Tesla shares drop on price cut, disappointing Model 3 deliveries
(Reuters) – Shares in Tesla Inc (TSLA.O) dropped as much as 9 percent on Wednesday on worries of future profitability, after the electric car maker cut U.S. prices for all…
Bank, energy stocks lift Wall Street higher in choppy session
(Reuters) – Wall Street edged higher in a choppy session on Wednesday, as gains in energy and bank stocks helped offset a drop in the healthcare sector and worries about…