China says hopes U.S. stops wrong tariff action, vows to retaliate if new levies imposed
China said on Thursday it hopes the United States will stop its wrong tariff action, adding that any new tariffs would lead to escalation.
China said on Thursday it hopes the United States will stop its wrong tariff action, adding that any new tariffs would lead to escalation.
All initial Ryanair flights to and from British and Irish airports departed without disruption on Thursday, the airline said, as some of its British-based pilots began a 48-hour strike.
Oil prices dipped on Thursday, paring earlier gains, weighed down by worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer.
Novo Nordisk said on Thursday it has filed litigation in a Delaware district court against Mylan aimed at blocking its attempt to market a generic version of the Danish insulin maker's drug Victoza.
Swiss telecoms firm Sunrise Communications on Thursday stepped up efforts to rescue its takeover of Liberty Global's Swiss unit amid criticism from its top shareholder, saying it had found new synergies and could cut a planned rights issue to fund the deal.
China hopes the United States will stop its wrong tariff action, the commerce ministry said on Thursday, adding that any new tariffs would lead to escalation, despite delays in implementing the levies.
Asian shares drifted off on Thursday as uncertainty over the outlook for both U.S. interest rates and the chance of global fiscal stimulus sucked the life out of markets.
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product inventories in the United States, the world's biggest oil consumer.
Swiss telecommunications company Sunrise Communications on Thursday escalated its defence of its planned takeover of Liberty Global's Swiss unit UPC, touting additional synergies and blasting a shareholder that is fighting the deal.
The bond market is in a "bubble," particularly sovereign debt, Guggenheim Partners global chief investment officer Scott Minerd warned on Thursday, and he said that efforts by the Federal Reserve to head off a recession by cutting interest rates will ultimately prove futile.
The U.S. Federal Reserve is under pressure from President Donald Trump to cut interest rates. Investors expect the Fed to cut, perhaps by a lot.
The benchmark S&P 500 ended little changed on Thursday as a fall in U.S. jobless claims offset data showing a contraction in U.S. manufacturing activity while investors awaited Federal Reserve Chair Jerome Powell's speech on Friday for clues on the central bank's monetary policy.
Activity is contracting in the U.S. manufacturing sector but the number of Americans filing applications for unemployment benefits fell last week, signs that factories are suffering from a global slowdown even as the broader labor market remains healthy.
Your 401(k) plan might be enjoying some serious growth for now, but you should think twice before tapping it in the event of an emergency.
The Trump administration is considering a package of tax cuts designed to buttress the economy's long-term growth that could be rolled out during the 2020 election campaign, but it is not considering reductions now to counter economic weakness, White House economic adviser Larry Kudlow said on Thursday.