Under Armour on Wednesday forecast 2019 revenue growth and profit below analysts’ estimates, citing relatively flat sales in North America, sending its stock price into a slump.
U.S. stocks closed up but well below their session highs on Wednesday as investors pulled back in the last few minutes of trading despite optimism about U.S.-China trade relations. Fred Katayama reports.
Shares of Chinese streaming company, Tencent Music, rose in their U.S. debut, as investors shrugged off volatile markets. Fred Katayama reports.
Gerber Kawasaki's CEO tells Reuters' Fred Katayama he needs to see the S&P 500 reclaim 2800 to confirm an uptrend.
The petro-axis of the United States, Saudi Arabia and Russia stalled progress at the UN climate change conference in Poland. Yet Antony Currie explains that investors are driving change, such as prodding Royal Dutch Shell to tie executive pay to carbon emission targets.
Nearly 90 drug factories are currently operating in Syria with further expansions expected, after the government provided support for the domestic production of pharmaceuticals in the war-torn country. Pascale Davies reports.
Amazon.com opened a compact version of its cashier-less Amazon Go food stores in a move to add shops in places such as office lobbies and hospitals. As Fred Katayama reports, the stores target office workers.
Zara owner Inditex missed sales and profit forecasts on Wednesday, hit by adverse currency moves and an unusually warm September, leading investors to wipe more than $5 billion off the fashion retailer's market value at one stage. As Pascale Davies reports, Britain's Superdry was also hit by better weather - its shares fell by a third after a second profit warning in three months
UK blue-chip shares were slightly higher on Wednesday on gains in British American Tobacco, Rolls Royce and companies with international earnings, as political chaos deepened following a leadership challenge to the Prime Minister. As David Pollard reports, sterling also regained lost ground after a senior minister said Britain would need to delay its exit from the EU if Theresa May loses a vote of confidence.
The CFO of China's Huawei Meng Wanzhou has been freed on bail and is shown leaving a courthouse in Vancouver, as she awaits a hearing for extradition to the United States. No reporter narration.
Thursday could prove to be a historic moment for the ECB, which is expected to formally bring its 2.6 trillion euro stimulus scheme to an end. As David Pollard reports, markets are already looking ahead to how it can protect the bloc from the next downturn.
China-based music streaming company Tencent Music Entertainment said it raised close to $1.1 billion in its U.S. initial public offering after pricing its shares at the bottom of its targeted range. Ed Giles reports.
President Trump he would intervene in the Justice Department's case against a top executive at China's Huawei Technologies if it would serve national security interests or help close a trade deal with China.
Google CEO Sundar Pichai told Congressional lawmakers his company has no plans to relaunch a search engine in China. Fred Katayama reports.
Sundar Pichai, Google's CEO, faced skeptical lawmakers on Capitol Hill, especially House conservatives who accused the tech giant of skewing search results against them.
The S&P 500 and Dow ended a volatile session down slightly on Tuesday as investor optimism over China-U.S. trade talks was offset by U.S. President Donald Trump's threat to shut down the U.S. government. Fred Katayama reports.