Oil drops more than 2% as trade war rumbles and output swells
Oil prices fell more than 2% on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute that has dragged on the global economy.
Oil prices fell more than 2% on Tuesday, weighed down by rising OPEC and Russian oil output as well as the protracted U.S.-China trade dispute that has dragged on the global economy.
Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a country-wide launch set for November, Marfrig said in a statement on Tuesday.
World stocks slipped and the dollar strengthened to its highest levels in more than two years on Tuesday as U.S.-China trade tensions drove investors to the relative shelter of gold, the Japanese yen and government debt.
U.S. manufacturing activity contracted for the first time in three years in August, with new orders and hiring declining as trade tensions weighed on business confidence, which could renew fears of a sharp economic slowdown.
U.S. President Donald Trump said on Tuesday that trade talks between the United States and China were going well, though he warned that he would be "tougher" in negotiations if the discussions drag on until his second term.
Austrian sensor specialist AMS launched a bid for Germany's Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer from private equity firms Bain Capital and Carlyle .
Italian broadcaster Mediaset's plan to reorganize its businesses as part of a pan-European growth strategy is set to be approved by shareholders on Wednesday, despite opposition from the group's second biggest investor, Vivendi .
The United Auto Workers union on Tuesday said that it would target General Motors Co first of the Detroit automakers for talks ahead of the current four-year contract's expiration on Sept. 14.
Forbes | Tom Groenfeldt | Sep 3, 2019 Banking incubators come in all sorts of flavors — often a program to attract outside companies and offer them mentors and perhaps some financial sponsorship for a set period working at the bank or virtually. PNC has created a startup program, numo, that functions as an internal
Burger King restaurants in Brazil will begin selling plant-based burgers developed by meatpacker Marfrig Global Foods SA in Sao Paulo city on Sept. 10, with a countrywide launch set for November, Marfrig said in a statement on Tuesday.
A senior Renault-Nissan executive has quit the troubled carmaking alliance to join Peugeot maker PSA Group , blaming Renault boss Thierry Bollore for forcing his exit.
Oil prices fell on Tuesday, with U.S. crude futures down more than 3%, weighed by manufacturing data that raised concerns about a weakening global economy, while the U.S.-China trade dispute continued to drag on investor sentiment.
Americans — especially women — are feeling less confident about their finances today than they were just a few months ago.
U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world's largest economy into recession.
CBC News | Sep 3, 2019 The fundraising campaign to buy a swath of remote coastal wilderness on the Sunshine Coast has been a success. The B.C. Parks Foundation, an independent charity that works with B.C. Parks, was able to raise $3 million to buy 800 hectares in Princess Louisa Inlet from a private seller. The