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China Factory Data Miss Raises Expectations of Policy Support Chinese investors are not overly bothered by a deteriorating outlook in the manufacturing sector, mostly because they expect Beijing to come to the rescue. Stocks fluctuated and the yuan pared a drop as many observers interpreted weakness in the economy ...
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World's shortest super jumbo A380 flight (CNN) — As airlines fight to claim ownership of the "world's longest flight operator" title, Emirates is heading the opposite route in the distance stakes. The Dubai-based airline has just announced plans to launch the world's shortest flight on the world's biggest ...
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Italy Is Threatening to Repeat the Greek Debt Crisis—But With Higher Stakes The eurozone's chronic—and potentially fatal—weakness is about to be exposed again. The populist coalition in Italy is on a collision course with the European Union, as the former's de facto leader Matteo Salvini looks to build on his victory in European ...
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Markets Slump After Trump's Tariff Threat to Mexico Global markets slumped on Friday after President Trump threatened to put tariffs on Mexican goods, a prospect that could disrupt the supply chains of a wide variety of companies around the world. Stocks in Japan, China and Hong Kong fell on the news, ...
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Soft Performance By Gap Global Likely To Weigh On Gap's Q1 Results Gap Inc (NYSE: GPS) is set to announce its first quarter results later today, followed by a conference call with analysts. The clothing retailer is expected to post quarterly earnings of $0.31 per share, indicating a year-over-year decline of 13.1% while revenues ...
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Melco's Gamble Down Under Could Pay Off For years, Macau was a money spinner for global gambling companies. Now the tables have turned and the city's casinos are looking for opportunities overseas. Nasdaq-listed Melco Resorts & Entertainment , one of the six casino operators in Macau, said ...
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Costco Shares Slip After Solid Q3 Earnings as Tariff Threat Pressures Prices Costco Wholesale Corp. (COST - Get Report) shares were indicated lower in pre-market trading Friday after the wholesale shopping club group said it may have to raise prices in order to offset potential tariffs on China imports even as it posted ...
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Allianz in two deals set to make it second biggest insurer in UK FRANKFURT, May 31 (Reuters) - Germany's Allianz is bulking up in Britain with two deals that could top 800 million pounds ($1 billion) involving the general insurance businesses of LV= and Legal & General. The deals will make Allianz the second-biggest ...
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Mortgage lenders rush to offer cheaper loans ahead of Reserve Bank interest rate cut Mortgage repayments are set to become cheaper for many Australian borrowers, as lenders rush to cut their rates ahead of next Tuesday's widely anticipated Reserve Bank decision. Key points: RBA is expected to cut rates at least twice over the next year ...
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Markets Right Now: Stocks end a wobbly day slightly higher NEW YORK — The latest on developments in financial markets (all times local):. 4 p.m.. Stocks ended a wobbly day modestly higher after two days of broad declines. The gains Thursday weren't enough to put the market into the black for the week, keeping it ...
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The 2020 Chevrolet C8 Corvette's Engine Computer is Tuner-Resistant? We Think Not The site MuscleCarsandTrucks.com is making the potentially explosive claim that the 2020 Chevrolet C8 Corvette—heard of it?—may be "un-tunable." As in, you can't modify the car's engine computer to juice more power out of it without potentially "bricking" ...
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MGM Resorts lays off 557 more employees in cost-cutting move The final wave of cuts eliminating a total 1,070 jobs at MGM Resorts International properties began Thursday. MGM Chairman and CEO Jim Murren distributed a letter to employees saying 557 employees would learn their positions have been eliminated as ...
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Santa Barbara woman sues Tesla claiming SUV pinned her against wall A Santa Barbara woman is suing Tesla, claiming her Model X SUV suddenly accelerated and pinned her up against a wall while she was pregnant, causing her to go into premature labor, NBC Bay Area reported Thursday. Mallory Harcourt claims the incident ...
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US Trade War With China Could Cost GE As Much As $500 Million This Year GE Chief Executive Larry Culp said Thursday that the U.S. trade war with China will cost his company an estimated $400 million to $500 million this year. GE CEO Larry Culp (T. Rowe Price via AP). Speaking at the Bernstein Strategic Decisions Conference in ...
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AGL confirms it was interested in buying Vocus The Vocus Group Ltd (ASX: VOC) share price closed the week around 19% higher at $4.59 after news became public that at least two businesses were interested in buying the group. On Monday we had news that Swedish private equity group EQT ...
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Xero boss reveals secret 'coffee cup' test and that he won't hire anyone who fails Xero Australia managing director Trent Innes has revealed his secret "coffee cup" job interview test. Speaking to The Venture Podcast with Lambros Photios, the local head of the A$8.5 billion ($9b) ASX-listed accounting software firm said he refuses to hire ...
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'Everyone Can Be Satoshi': Wei Liu Breaks Silence on Bid to Contest Craig Wright's Bitcoin Copyright The latest person to claim authorship of the bitcoin code created under the pseudonym Satoshi Nakamoto isn't really about claiming to be its original creator, rather he's just out to satirize that such a thing could even be attempted at all. Wei Liu, CEO of ...
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Stem Cell Therapy Restores Mice's Sense of Smell in Proof-of-Concept Study Losing your sense of smell can disrupt your life in untold ways, but researchers have just come a little closer to restoring the sense in people who have lost it. We use our noses to avoid spoiled food, enjoy meals, and even find mates, so being able to recover ...
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Deciphering the role microbiomes may play in human health and disease Piece by piece, scientists are trying to solve the puzzle of the ancient but evolutionary relationship between humans and their microbiomes, or the genetic world stemming from bacteria, viruses, fungi and other microbes inside or on the human body.
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