U.S. stocks opened flat on Tuesday, following a record-setting rally in the previous session, as optimism over U.S.-China trade talks waned after Washington threatened tariffs on $4 billion worth of additional European goods.
President Emmanuel Macron sought to break a deadlock on Tuesday over assigning the EU's top jobs by proposing France's Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.
The rivalry between the U.S. and China could be so disruptive that it's starting to decouple the global economy and eventually causing a recession, according to Nouriel Roubini.
White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in the right direction and any concessions to Beijing on Huawei Technologies was small in the context of a larger trade deal.
U.S. stocks edged lower on Tuesday, a day after a record-setting rally, as optimism sparked by the U.S.-China trade truce waned after Washington threatened tariffs on $4 billion of additional EU goods.
Investment banks are scrambling to re-pitch to advise Saudi Aramco on a possible initial public offering, sources familiar with the matter said, with Saudi Arabia's energy minister confirming plans for the listing to proceed in 2020 or 2021.
The European Union said on Tuesday it was open to talks with Washington in a dispute over aircraft subsidies after the United States threatened an additional $4 bln in tariffs on EU goods including olives, Italian cheese and Scotch whisky.
Arizona will withdraw incentives for Nike Inc's manufacturing plant in the state after the sportswear maker pulled the release of a sneaker that featured an old version of the American flag, Governor Doug Ducey said on Tuesday.
Credit Suisse's outgoing head of International Wealth Management Iqbal Khan is mulling several concrete offers from Swiss and international banks, a source familiar with Khan's thinking told Reuters on Tuesday.
Facebook's Silicon Valley campus received the all-clear on Tuesday after fears that a package at its mail facility contained the nerve agent sarin.
If spending is any guide, this country's patriotic spirit is alive and well, with Americans coughing up nearly $7 billion on food for the grill this July 4.
The Scotch Whisky Association (SWA) urged the United States and the European Union on Tuesday to end a trade dispute after Washington threatened tariffs on $4 billion of goods including Scotland's most famous export.
U.S. hog farmers lost hundreds of millions of dollars in export sales to China and Mexico after President Donald Trump launched his trade wars last year.
Don't fall in love with your dream home just yet. Costly surprises could be hiding just below the sheetrock. Watch out for these three clues.
Oil prices slipped on Tuesday as concerns that the global economy could be slowing outweighed an agreement by OPEC and allies, including Russia, to extend supply cuts until next March.