U.S. President Donald Trump has days to decide whether to impose tariffs on nearly $160 billion in Chinese consumer goods just weeks before Christmas, a move that could be unwelcome in both the United States and China.
Like many Uber drivers in Sao Paulo, the ride-hailing app's busiest city in the world, Augusto Caio Pereira does not actually own or lease the car he nudges through the city's notorious traffic jams every day.
Airline profits are on course to fall faster than expected in 2019 as trade wars hit global commerce and broader confidence, the industry's main global body said on Wednesday, while predicting a modest recovery next year.
Thyssenkrupp's elevator unit, which has been put up for sale by the ailing conglomerate, will cut costs, add lucrative service contracts and boost factory efficiency in a bid to raise margins and increase its appeal to potential buyers.
Venture capital firm Piva announced it raised $250 million from Petronas for its first fund, which will focus on the next era of industry, energy and materials.
The so-called bond king said the benchmark 10-year Treasury yield should be back at 2%.
U.S. electric vehicle maker Tesla Inc plans to increase prices of imported Model 3 vehicles in China in January, sources briefed with the matter said.
The fast-food chain will likely run into chicken supply issues due to McDonald's high volume operations, according to Stephens.
As the end of the year draws near, it's time to think about showing your gratitude to those who have provided services for you throughout the year.
Financial advisors who made CNBC's FA 100 list of leading firms for 2019 share what their outlook is on factors influencing markets and investors in the new year, from domestic politics to global trade and corporate earnings.
The S&P 500 and the Nasdaq indexes opened slightly higher on Wednesday, with investors waiting for the Federal Reserve's decision on monetary policy, while losses in Boeing and Home pressured the Dow Jones index. The S&P 500 were up 3.23 points, or 0.10%, at 3,135.75. The Nasdaq Composite gained 14.94 points, or 0.17%, to 8,631.12 at the opening bell.
U.S. consumer prices increased solidly in November, which together with labor market strength could support the Federal Reserve's intention not to cut interest rates again in the near term after reducing borrowing costs three times this year.
Saudi Aramco shares surged the maximum permitted 10% above their IPO price on their Riyadh stock market debut on Wednesday, in a move hailed by the government as a vindication of its towering $2 trillion valuation of the state oil company.
As the end of the year draws near, it's time to think about showing your gratitude to those who have provided services for you throughout the year.
The San Francisco-based company raised $200 million in debt from Credit Suisse, following a similar $100 million deal from Barclays in April.