Nike earnings: Wall Street expecting weak fiscal Q4 results but signs of hope going forward
Nike is set to report its fiscal fourth quarter earnings after market close today, and Wall Street is bracing for…
China Opens First Offshore Gold Vault in Hong Kong
The Shanghai Gold Exchange has expanded outside mainland China for the first time, with the rollout of two new contracts…
S&P 500 Chart Watchers Fret Over Rally’s Narrow Leadership Ranks
With technology stocks powering major US indexes toward record highs, technical analysts see the makings of a selloff in the…
Trading Day: Truce triggers world equity whoosh
Global stocks zoomed to an all-time high on Tuesday and oil sank for a second day as a shaky truce…
China Vows ‘Forceful Measures’ After Taiwan’s Huawei Export Curb
Beijing vowed to respond to Taiwan’s “technological blockades” after the self-ruled island blacklisted Chinese companies including Huawei Technologies Co., limiting…
Tesla’s European sales slump for fifth month
-Tesla’s new car sales in Europe fell 27.9% in May from a year earlier even as fully-electric vehicle sales in…
Commentary: Oil isn’t the economic weapon it used to be
Anybody who’s old enough, or reads a little history, knows that the Arab oil shocks of the 1970s caused a…
Alibaba to merge food delivery, travel agency platforms into core E-commerce business
-Alibaba on Monday said it will merge its food delivery platform Ele.me and online travel agency Fliggy into its core…
Holcim North American Spinoff Amrize Slips in Trading Debut
Amrize Ltd.’s shares fell in Switzerland following the North American cement-maker’s spinoff from Holcim Ltd, as the building materials conglomerate…
The dollar sees a rebound after US strikes Iran, but can it continue?
The dollar rose on Monday as uncertainty over the Israel Iran conflict persisted following US strikes on Iranian nuclear facilities…