COPENHAGEN (Reuters) – Freight-forwarder DSV Panalpina (CO:) said on Friday it would start direct cargo flights between Shanghai and Huntsville, Alabama from next week to cope with capacity constraints caused by the coronavirus outbreak in China. The global freight industry has been hard-hit by uncertain demand and crews’ health concernsRead More →
Asian markets rebounded in early trading Thursday following losses the day before after Iran launched a missile attack on U.S. bases in Iraq. Tensions decreased significantly Wednesday amid signs of de-escalation, as President Donald Trump said Iran “appears to be standing down” and announced fresh sanctions rather than immediate militaryRead More →
© Reuters. Asian stocks rally as Mideast tensions ease, oil retreats By Tom Westbrook SINGAPORE (Reuters) – Asian stocks rebounded on Thursday and oil beat a retreat, as the United States and Iran backed away from the brink of further conflict in the Middle East and investors reversed their safetyRead More →
Getty Images Workers at Chipotle and other restaurants are busy catering to customers. Service-oriented businesses such as fast-food purveyors are still growing more than than 10 years after the end of the last recession. The numbers: The service side of the U.S. economy rebounded in October after growth tapered offRead More →
SHANGHAI (Reuters) – China should ease regulations so that foreign financial institutions can obtain licenses and raise deposits more easily in the country, a senior executive from HSBC (L:) (HK:) said on Sunday. Peter Wong, deputy chairman and chief executive of HSBC’s Asia Pacific operations, also told a financial summitRead More →
While facilitating a life-planning workshop in Portland, Ore. last summer, I asked for a show of hands: How many of you have a will? How many have a power of attorney document? An advance directive? What about a financial plan? I expected a weak response to some of these questions,Read More →
Cannabis stocks rose for a third straight day Friday, buoyed by reports that vape sales are rebounding after being hit by the outbreak of a serious lung disease that experts say is directly tied to vaping. California, the nation’s biggest cannabis market, showed vape sales climbing by almost a percentageRead More →
Asian markets rose in early trading Friday following signs of hope for a thaw in the trade war between the U.S. and China. The Wall Street Journal reported Thursday that China was seeking to narrow the scope of upcoming trade negotiations, hoping to resolve some key issues and break theRead More →
Asian markets were mostly up in early trading Thursday as trade-war tensions eased after President Donald Trump announced a two-week delay in implementing tariff hikes against $250 billion in Chinese goods. In a pair of tweets late Wednesday, Trump said the tariff hikes, which had been scheduled to take effectRead More →
© Reuters. FILE PHOTO: Corn is loaded into a truck at a farm in Tiskilwa, Illinois By Stephanie Kelly, Humeyra Pamuk and Jarrett Renshaw NEW YORK/WASHINGTON (Reuters) – The Trump administration is considering ramping up biofuel blending quotas in the coming years to assuage anger in the Farm Belt overRead More →
London markets began the week in sluggish fashion as the prospect of U.S. rate cuts eased following Friday’s jobs boost. The FTSE 100 UKX, +0.01% remained flat as rebounding mining giants helped the blue-chip index avoid major losses. Miners recovered from a three-day losing streak after China’s major steelRead More →
U.S. stock futures fell Friday, with major indexes headed for their worst weekly return so far this year, as the Trump administration made good on a threat to raise import taxes on $200 billion in Chinese goods. How are benchmark indexes faring? Dow Jones Industrial Average futures YMM9, -0.15% fellRead More →
© Reuters. FILE PHOTO: A man walks past an electric board showing exchange rates of various cryptocurrencies at Bithumb cryptocurrencies exchange in Seoul By Alun John and Anna Irrera HONG KONG (Reuters) – Several cryptocurrency exchanges have moved closer to mainstream markets by buying listed companies, looking to raise fundsRead More →
Treasury yields on Friday mostly rose for the day, pushing government bonds to the best weekly gains in about a month as investors looked past bonds to riskier assets while digesting apparent progress in Sino-U.S. tariff negotiations. What did yields do? The 10-year Treasury yield TMUBMUSD10Y, +0.00% added 0.7 basisRead More →
© Reuters. The German share price index DAX graph at the stock exchange in Frankfurt LONDON (Reuters) – European shares eased from 12-week highs on Thursday as weak earnings from Publicis, GEA and TUI offset gains in banks following better-than-expected results from Italy’s Unicredit (MI:). Europe’s was down 0.3 percentRead More →
