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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…
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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…
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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…
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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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