Saturday, September 21, 2019
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EU’s Malmstrom hopes Trump, Xi can meet and reduce trade tensions

GENEVA (Reuters) - European Union Trade Commissioner Cecilia Malmstrom is hoping U.S. President Donald Trump meets his Chinese counterpart, Xi Jinping, at the G20...

GE poised for significant power orders in Iraq after U.S. push…

NEW YORK/BAGHDAD/WASHINGTON (Reuters) - General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq's electricity system, reflecting a...

Carrefour sees more retail sector consolidation, including in France

PARIS (Reuters) - The boss of Carrefour said on Friday the retail sector was bound to consolidate in the coming years, notably in France,...

Broadcom’s $2 billion warning rattles global chip sector

LONDON/BENGALURU (Reuters) - Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the...

Take Five: The Fed and the rest

(Reuters) - 1/THE FIRST CUT... With President Donald Trump's trade policies heightening fears of a U.S. recession, expectations of a Fed rate...

Strong U.S. retail sales improve economy’s fortunes

WASHINGTON (Reuters) - U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending...

Wall Street ends down; Broadcom warning hits chip stocks

NEW YORK (Reuters) - U.S. stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning...

China launches inquiry into FedEx parcel delivery errors: Xinhua

BEIJING (Reuters) - Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China's official Xinhua...

How an Obama Fed appointee is scuttling Wall Street’s bid to...

WASHINGTON (Reuters) - As a U.S. Federal Reserve governor, Lael Brainard gets only one vote on proposals that come before the central bank's board....

India minister says confident airline capacity problems will be solved

NEW DELHI (Reuters) - India's new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the...