Mexico may force Slim's America Movil to separate fixed unit Mexico may force Slim's America Movil to separate fixed unit :- Mexico's telecoms regulator has discussed forcing billionaire Carlos Slim to legally separate part of his fixed-line unit Telmex from the rest of the company, people familiar with the matter […]
Target shares dive on earnings outlook, price cut plans Target shares dive on earnings outlook, price cut plans:- Target Corp (TGT.N) said on Tuesday it will rely more on low prices to compete with rivals like Wal-Mart and Amazon, admitted many of its stores needed freshening up, and told Wall […]
China February factory growth beats expectations as global demand improves China February factory growth beats expectations as global demand improves:- China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global economy is regaining momentum even as fears grow of […]
Japan will tell United States to respect WTO rules Japan will tell United States to respect WTO rules:- Japan will tell the United States in their economic talks that any border tax the U.S. government imposes on imports should not break World Trade Organization rules, an adviser to Prime Minister […]
Asian factories pick up steam in shadow of Trump protectionist threat Asian factories pick up steam in shadow of Trump protectionist threat:- Asian factories extended a global manufacturing revival as activity picked up steam in February, though the outlook for many of the region's export-reliant economies remained uncertain in the […]
Trump administration would ignore WTO rulings it sees as anti-U.S. Trump administration would ignore WTO rulings it sees as anti-U.S.:- U.S. President Donald Trump's administration is preparing to ignore any rulings by the World Trade Organization that it sees as an affront to U.S. sovereignty, the Financial Times reported on […]
Snap to price long-awaited IPO on Wednesday amid signs of brisk demand Snap to price long-awaited IPO on Wednesday amid signs of brisk demand:- Snap Inc, owner of popular messaging app Snapchat, will price its initial public offering after the U.S. stock market closes on Wednesday in the most eagerly […]
Fed officials jolt market with talk of pending rate hike Fed officials jolt market with talk of pending rate hike:- A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expectations for a March U.S. interest rate increase, with comments that suggested rate-setters are worried about waiting too […]
Stocks struggle as Trump offers few policy details, dollar firms on rate talk Stocks struggle as Trump offers few policy details, dollar firms on rate talk:- U.S. stock futures pared gains on Wednesday on disappointment that President Donald Trump did not offer further details on his plans for infrastructure spending […]
Morris, Pistons outlast Portland 120-113 in OT Morris, Pistons outlast Portland 120-113 in OT:- The Detroit Pistons rallied for another win after trailing by double digits. "That's not a good formula," coach Stan Van Gundy said. "I applaud our resilience. … To be good, I'd like to play a more […]
