Reuters: Business News

Reuters News
  1. Stock futures gain on U.S.-China trade optimism
    U.S. stock index futures rose on Tuesday as investors turned optimistic that Washington and Beijing would agree on a deal to end a bruising trade war that is posing one of the biggest risks to global economic growth.
  2. Home Depot cuts sales goal as online push not delivering as expected
    Home Depot Inc said on Tuesday the marriage of its online and brick-and-mortar businesses was not yet generating as much revenue as it had expected, prompting the retailer to cut its 2019 sales forecast for the second time this year.
  3. Sales of grounded Boeing 737 MAX gather pace at Dubai Airshow
    Boeing's 737 MAX took center stage at the Dubai Airshow on Tuesday as airlines announced plans to order up to 50 of the jets worth $6 billion at list prices despite a global grounding in place since March.
  4. Global economy dodges recession by narrowest of margins: Kemp
    The global economy may have narrowly avoided a recession, with most industrial and financial indicators pointing to a slight improvement in September-October after a sharp slowdown in the middle of the year.
  5. Kohl's cuts annual profit forecast after disappointing results; shares slump
    Kohl's Corp cut its annual profit outlook on Tuesday ahead of the all-important holiday season, after the department store operator's quarterly comparable sales and earnings missed analysts' estimates, sending its shares down 12%.
  6. Return of short-selling bans: market protection or 'war against truth'?
    New moves to curb short-selling in some countries have set the stage for a renewed battle between free market advocates and authorities aiming to check investors they see as profiteers who destabilize major companies.
  7. Shares scale 22-month peak as focus turns to growth
    World shares touched their highest in nearly two years on Tuesday on predictions of future growth and bets the United States and China can end their damaging trade war.
  8. Sustainable investors face squeeze as larger firms move in
    Specialized fund managers who pioneered green investing for decades are missing out on some of the spoils as the sector goes mainstream and large firms move in.
  9. Oil slips to $62 as trade talks drag on
    Oil fell for a second day on Tuesday, dropping to $62 a barrel on the limited progress in efforts to resolve the U.S.-China trade dispute, higher than expected Norwegian oil output and forecasts of rising U.S. crude inventories.
  10. PSA trade unions give the nod to merger with Fiat
    The majority of unions representing workers at Peugeot maker PSA are in favour of a planned $50 billion merger with Fiat Chrysler , PSA executives and union representatives said.

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