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US, China strike trade deal: key tariffs reduced, but some remain

Following discussions in Geneva, China and the US have agreed to a trade war truce, effective Wednesday, which will reverse most tariffs…
Stock

US stock futures rally as US and China agree to a rollback in tariffs

Wall Street stock futures surged on Monday, the dollar strengthened, and gold prices dropped sharply as the United States and China struck…
Stock

Nikkei 225 forecast: Sony, Softbank, Honda, Rakuten, Mitsui earnings on tap

The Nikkei 225 Index has rebounded in the past few weeks as optimism on trade prevailed. After bottoming at ¥30,770 in April,…
Stock

Top S&P 500 Index stocks to watch: Walmart, Applied Materials, Cisco

The S&P 500 Index has jumped in the past few weeks and pared back some of the losses it made earlier this…
Stock

Analyst urges investors to act as Lyft stock soars on buyback announcement

Lyft Inc (NASDAQ: LYFT) rallied more than 20% on Friday morning after reporting its financial results for the first quarter that topped…
Stock

Brazil’s CSN Mineração posts $69.5M Q1 loss

Brazil’s CSN Mineração (CMIN3), the mining arm of steel giant CSN, reported a net loss of R$357 million (approximately $69.5 million) in…
Stock

‘One reason’ that’s disabling Trump tariffs from reviving domestic aluminum production

The Trump administration has significantly raised tariffs on aluminum imports this year to 25% to throw a lifeline to the domestic aluminum…
Stock

Expedia’s cost controls offer hope, but analysts see growth hurdles ahead

Shares of Expedia Group fell sharply by more than 8.5% on Friday after the company reported first-quarter revenue that came in below…
Stock

Inside candy major Ferrero’s plan to woo US consumers

Ferrero is doubling down on its US ambitions with a strategy built around local innovation and manufacturing scale, as per a CNBC…
Stock

Asia markets close: Nikkei rallies, China slips despite strong exports; investors await US-Beijing dialogue

Asian-Pacific financial markets presented a fragmented picture on Friday as investors grappled with strong Chinese trade data that paradoxically failed to dispel…
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