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Pinterest shares tumble following disappointing annual forecast

19-05-2019

Share price of Pinterest Inc., the image-sharing social networking site, was plunged more than 17 percent on Friday (May 17th), after the online scrapbook company had revealed its disdainful annual forecast

Lions gate offered to sell Starz to CBS for $5.5 billion

19-05-2019

Lions Gate Entertainment, or simply known as the Lionsgate, an American Entertainment company had offered to sell its cable channel Starz to CBS corp. at a $5.5 billion deal after snubbing a lower offer

FBI probes J&J, Siemens, GE, Philips in Brazil graft case bribery

19-05-2019

US Federal Bureau of Investigation (FBI) had been investigating some of multinational corporate giants such as Johnson & Johnson, General Electric Co., Siemens AG and Philips for allegedly paying millions to Brazilian government officials

China’s rough rhetoric leaves US at halfway on talks

19-05-2019

China had forged a more pompous voice in its latest round of battle of quote with United States, triggering a possibility that the next round of talk in Beijing would be meaningless, unless United States softens its grandiosity.

Tractor-maker Deere blames trade war for simmering yearly outlook

19-05-2019

On Friday, the 17th of May 2019, the American tractor maker, Deere & Co. had missed its quarterly estimates for fifth straight quarters in a row and slashed its full-year outlook

Trump says auto import pose national security threat, delays tariff hike

19-05-2019

adding further strains to an existing acrimony between European Union and United States, US President Donald Trump said that some of the imported auto parts alongside autos had been posing critical security threats

US to remove tariffs on Canadian metals, Mexico deal likely

19-05-2019

On Friday, the 17th of May 2019, Canada and United States had announced a joint statement, saying that the neighboring countries had reached a deal to remove tariffs on Canadian aluminum and steel

Wall St. falls as trade anxieties spur

19-05-2019

On Friday, the 17th of May 2019, all three major indexes of Wall St. had wrapped up the day in a negative territory, as persisting trade worries had been pushing industrial and tech shares towards a wobbling trickle

All aircraft maker to suffer from ‘’lose-lose’ trade war: Airbus CEO

18-05-2019

in the wake of escalating trade tensions all over the world, Airbus Chief Executive, Guillaume had rung the warning bell saying that a further escalation of trade tensions would make entire aircraft manufacturing industry more vulnerable

Nestle in advanced talk on $10 billion sale of its skin health unit

18-05-2019

Swiss multinational food and drink company, headquartered in Vevey, Switzerland, had issued a statement saying that the largest food company in the world, Nestle, had entered into an advanced level of talk to sell its skin health business

EU fines Barclays,Citi, MUFG, JPMorgan & RBS $1.2billion on FX manipulation

18-05-2019

European Union, a 28-nation pact of European countries excluding Britain, had fined five large lenders a combined $1.2 billion (1.05 billion euros) for manipulating the multi-trillion-dollar forex market.

Five more US states sue Perdue Pharma on Opioid epidemic

18-05-2019

Five more US states had taken legal approaches against the much-disputed Oxycontin-maker Purdue Pharma LP over illegal marketing and selling of opioids, which claimed to have escalated a calamitous wave of nationwide opioid epidemic

Trump’s China tariff will increase price for US shoppers, says Walmart

18-05-2019

No. 2 US retailer, Walmart Inc. headquartered in Bentonville, said on Thursday, the 16th of May 2019, that, a higher tariff on wide-ranging Chinese imports would likely to cost consumers more on shopping

Huawei ban casts shadows over US-China trade talk, tech sectors

18-05-2019

Yesterday’s (May 15th) US attempt to block Chinese telecommunication tycoon, Huawei, from purchasing critical US-made technologies had raised questions over the prospers of both Huawei telco and its US supplier

Nipped by US sanction threats, EU seeks to boost euro

18-05-2019

The European Union, a 28-nation pact of European countries excluding Britain, had been exploring ways to ramp up use of its eurozone currency and to counter the American dollar’s global dominance, top EU officials said on Thursday

Oil price soars, as dirty Russian oil stuck in the pipelines of Belarus

18-05-2019

Adding further bullish bias onto the crude oil price amid sanctions on Venezuelan and Iran and an output cut from OPEC-kingpin Saudi, Millions of barrels of contaminated Russian oil had been stuck in the pipelines from Belarus to Germany

European indices lift higher as deal optimism offsets trade worries

18-05-2019

On Thursday, the 16th of May 2019, the European shares had closed the day in a positive territory after opening the market much-lower over intensifying concerns on Trump’s auto tariff on EU-made cars

British Pound pounds below $1.28, as pressure mounts on PM May to resign

18-05-2019

British currency was heavily plummeted on Thursday, after British media reports had revealed that the UK PM May had agreed to resign, if her amended Brexit deal could make its way through the British House of Commons

Tesla’s loss-making solar factory is exporting most of its cells

17-05-2019

A ‘great majority’ of solar cells manufactured at Tesla’s solar factory upstate New York had been sold overseas instead of being utilized over the trademark ‘solar roof’ of the company, as it was originally intended

US retail sales fell in April, industrial output adds to slowing economy

17-05-2019

On Wednesday, the 15th of May 2019, there had been a flurry of US economic data orchestrating a surprisingly downbeat momentum amid an escalating trade war with China, while US retail sales had posted an unexpected plunge in April

US Treasury’s Mnuchin to visit China, as trade war shudders world economy

17-05-2019

US Treasury Secretary, Mnuchin said that he would likely to visit China soon to resume talks on trade issues despite an unexpected exacerbation of the trade war

Trump's order clear hurdles to bar Huawei from US telecommunication Network

17-05-2019

US President Donald Trump had signed an executive order and declared a national emergency to prevent US companies from using telecommunication gears manufactured by firms posing a national security risk

Cisco quarterly earnings beat estimates, shares soar

17-05-2019

Cisco Systems Inc., an American multinational tech conglomerate headquartered in San Jose, California, had released its quarterly earnings that beat analysts’ estimate by a wide margin

Alibaba beats revenue expectation on cloud boosts

17-05-2019

Chinese e-commerce giant, Alibaba Group Holding Ltd., that executes about 65 percent online shopping of China, had beaten its fourth quarter revenue forecast on its quarterly earnings released on Wednesday

Supersonic jets must not be noisier than existing planes, says ACI director

17-05-2019

On Wednesday, the 15th of May 2019, director of Airports Council International (ACI), Angela Gittens said a new-gen United States manufactured commercial supersonic jets must not be noisier than existing planes

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