Stock market today: US futures point lower after shaky start to big retail week, sluggish China data
Wall Street is pointing lower after data showed China’s economy is weaker than expected, while Home Depot cut its profit and sales outlook for the year, signaling a pullback in spending by Americans strapped by inflation and anxious about a possible recession
2023-05-16 19:51
Home Depot, after years of explosive growth, cuts its outlook as Americans cool spending on homes
The Home Depot’s robust growth during the coronavirus pandemic is starting to slow as anticipated, with the retailer’s fiscal first-quarter revenue missing Wall Street’s estimates and a key sales figure declining
2023-05-16 19:45
Canadian Prime Minister Trudeau arrives in South Korea to discuss trade, North Korean challenge
Canadian Prime Minister Justin Trudeau has arrived in South Korea for a meeting with South Korean President Yoon Suk Yeol at which they are expected to discuss expansion of trade and challenges posed by North Korea
2023-05-16 19:20
Vodafone axing 11,000 jobs as UK wireless carrier aims to cut costs, boost growth
Wireless carrier Vodafone says it’s laying off 11,000 workers as part of a major revamp aimed at cutting costs and boosting flagging financial performance
2023-05-16 19:19
Asian hedge funds piled to China education, U.S. AI shares in Q1
By Summer Zhen HONG KONG Large Asian hedge funds added Chinese education companies to their portfolios in the
2023-05-16 18:51
Turkish Central Bank’s First Post-Vote Moves Focus on Gold, Cash
Turkey’s central bank unveiled its first measures after Sunday’s presidential elections, adding to a tangle of rules it’s
2023-05-16 18:50
Exclusive-Glencore's bid for Teck spurs call for Canada pensions to up domestic equity stake
By Divya Rajagopal TORONTO Glencore's hostile bid for Teck Resources has galvanized some Canadian institutional investors, who have
2023-05-16 18:29
Home Depot cuts annual sales forecast on slowing demand
Home Depot Inc cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive
2023-05-16 18:28
France Presents Bill to Rival US Support for Green Industry
The French government presented a green industry bill including tax credits and targeted bonuses for electric vehicles, seeking
2023-05-16 18:25
US economy 'hangs in the balance' as debt limit impasse drag on - Yellen
By Andrea Shalal WASHINGTON The standoff over the federal debt limit is already having dire consequences for the
2023-05-16 18:25
Ex-Audi chief pleads guilty in automaker's diesel emissions scandal
The former head of Volkswagen’s luxury division Audi has pleaded guilty to charges tied to the automaker’s diesel emissions scandal
2023-05-16 18:24
Tiger Brokers to Remove Cross-Border Trading App in China
Up Fintech Holding, also known as Tiger Brokers, said it will remove its trading platform from mainland China
2023-05-16 18:21