Beijing is holding firm, but many Chinese firms acknowledge they’re worried about the trade war
Several of China’s largest companies are acknowledging that they’re concerned about risks from a trade war with the U.S. In the face of tariffs on the bulk of exports to its largest trading partner, Beijing has maintained a resolute position...
‘High profile’ deals on hold as Russia faces sanctions threats, says investment banker
The Russian economy has been hit by multiple headwinds, and a potential “sanctions bill from hell” by the U.S. could make things worse, according to a Moscow-based investment bank. Facing sanctions threats and caught in an emerging markets rout, Russian...
After-hours buzz: S, GILD & more
Check out the companies making headlines after the bell: Sprint stock dipped as much as 1.8 percent in after-hours trading after the Federal Communications Commission released a letter pausing the transaction clock for the proposed merger of Sprint and T-Mobile....
US-China trade war could cause a bear market, stress test shows
President Donald Trump’s continued push to level the global playing field when it comes to trade has done little to disturb the relentless bull market in stocks. But nothing lasts forever, and at some points investors will have to react...
The worst case scenario of a US-China trade war could be a new bear market: Data
President Donald Trump’s continued push to level the global playing field when it comes to trade has done little to disturb the relentless bull market in stocks. But nothing lasts forever, and at some points investors will have to react...
Activision soars after gamers cheer new battle royale ‘Call of Duty,’ calling it a Fortnite ‘killer’
The surging popularity of Epic Games’ “Fortnite” battle royale game may have peaked due to competition from one of gaming’s biggest franchises, according to Benchmark. The firm told it clients the initial response to Activision Blizzard’s “Blackout” game mode in...
Job openings hit record high and more people than ever are confident enough to quit
Job openings hit a record in July, closing in on 7 million amid a jump in vacancies for finance and manufacturing, the Labor Department reported Tuesday. Vacancies outnumbered those classified as unemployed by 659,000 for the month, an unprecedented trend...
Ray Dalio: China is more concerned about avoiding a ‘war-like’ relationship with the US
Billionaire Ray Dalio argued on Tuesday that President Donald Trump’s imposed tariffs on China aren’t “that big of a deal” for the world’s second largest economy. Dalio, the billionaire founder of the world’s biggest hedge fund, said China will be...
Ray Dalio: China is more concerned about avoiding a ‘warlike’ relationship with the US
Billionaire Ray Dalio argued Tuesday that President Donald Trump’s imposed tariffs on China aren’t “that big of a deal” for the world’s second-largest economy. Dalio, the billionaire founder of the world’s biggest hedge fund, said China will be able to...
Billionaire Ray Dalio: We are in the 7th inning of the current economic cycle
Ray Dalio, the billionaire founder of the world’s biggest hedge fund, told CNBC on Tuesday that the current economic cycle is in the seventh inning, predicting it has about two years left to run. To help keep the economy and...
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