SUSTAINABLE-BUSINESS

Wall Street falls on rising U.S.-China tensions, Caterpillar shares weigh

Leave a Comment / Business / By

Speaker Nancy Pelosi expected in Taipei later today Caterpillar falls after missing sales estimates Uber gains after reporting positive cash flow Indexes down: Dow 0.92%, S&P 0.61%, Nasdaq 0.45% Aug 2 (Reuters) – Wall Street’s major indexes fell on Tuesday on concerns over rising U.S.-China tensions ahead of the arrival of U.S. House of Representatives …

Wall Street falls on rising U.S.-China tensions, Caterpillar shares weigh Read More »

Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger

Leave a Comment / Business / By

WASHINGTON, Aug 1 (Reuters) – The U.S. Justice Department asked a federal judge on Monday to block a $2.2 billion merger of two of the “Big Five” book publishers, Penguin Random House and Simon & Schuster, in a trial that is expected to feature testimony from horror writer Stephen King. “It’s real money for real …

Stephen King going to bat for U.S. gov’t in case against book publishing mega-merger Read More »

HSBC hangs up on Ping An break-up call, lifts payout and profit goal

Leave a Comment / Business / By

HSBC to revert to paying quarterly dividends from 2023 Aims to win over investors with higher profitability target Says demerger of Asian business has huge risks London shares rise 6% LONDON/SINGAPORE, Aug 1 (Reuters) – HSBC (HSBA.L) pushed back on a proposal by top shareholder Ping An Insurance Group Co of China (601318.SS) to split …

HSBC hangs up on Ping An break-up call, lifts payout and profit goal Read More »

China’s Alibaba strives to keep New York listing amid audit dispute

Leave a Comment / Business / By

The logo Alibaba Group for is seen on the trading floor at the New York Stock Exchange in Manhattan, New York City, U.S., Aug. 3, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 1 (Reuters) – Alibaba Group Holding Ltd (9988.HK) on Monday said it would work to maintain …

China’s Alibaba strives to keep New York listing amid audit dispute Read More »

Nasdaq has biggest one-day jump since 2020 after Fed rate hike

Leave a Comment / Business / By

Microsoft, Alphabet results spark rally in growth stocks Fed announces rate hike in unanimous decision Indexes: Dow up 1.4%, S&P 500 up 2.6%, Nasdaq up 4.1% NEW YORK, July 27 (Reuters) – The Nasdaq jumped more than 4% on Wednesday in its biggest daily percentage gain since April 2020 as the Federal Reserve raised interest …

Nasdaq has biggest one-day jump since 2020 after Fed rate hike Read More »