© Reuters. Traders work on the floor at the New York Stock Exchange (NYSE) in New York By Noel Randewich SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports,Read More →
By Kirsti Knolle VIENNA (Reuters) – Osram (DE:) said on Monday it would consider a takeover by Austrian sensor maker AMS (S:) that trumps a competing bid by Bain and Carlyle (O:) with a cash offer valuing the German lighting group at 4.3 billion euros ($4.8 billion). AMS said itRead More →
© Reuters. Traders work on the floor at the NYSE in New York By Noel Randewich SAN FRANCISCO (Reuters) – Quarterly reports next week from Walt Disney (NYSE:) Co, CBS and Viacom will likely highlight increasing competition in video streaming and could spark volatility in the so-called communication services sector,Read More →
The Strait of Hormuz, the world’s most sensitive oil-transportation choke point, remains in focus, after U.S. and Iranian officials on Thursday said Iran shot down a U.S. military drone near the waterway. “This event is raising fears Iran and the U.S. are headed toward a military confrontation that would haveRead More →
Saudi Arabia on Monday said two oil tankers were damaged significantly in a “sabotage” attack over the weekend near the Strait of Hormuz, intensifying the spotlight on the waterway — the world’s biggest potential choke point for global crude shipments. A Norwegian-flagged vessel was also damaged, according to reports. DetailsRead More →
© Reuters. FILE PHOTO: Boeing celebrates the 10,000th 737 to come off the production line in Renton By Tracy Rucinski CHICAGO (Reuters) – A fatal crash in Ethiopia on Sunday involving an updated version of Boeing (NYSE:) Co’s best-selling 737 is putting the spotlight back on the aircraft just fiveRead More →
