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Global Financial News Articles

World Financial News

U.S. stocks drop on downbeat earnings, trade tensions
Posted on Thursday August 16, 2018

Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings

Uber narrows loss but is a long way from finding profit
Posted on Thursday August 16, 2018

Uber Technologies Inc said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still a long way from proving it can be profitable

Cisco tops revenue estimates as newer bets pay off
Posted on Thursday August 16, 2018

Cisco Systems Inc reported quarterly revenue above Wall Street estimates on Wednesday, driven by growth in the network gear maker's newer businesses such as cyber security.

Qatar to aid Turkey, lira rallies, U.S. rejects lifting tariffs
Posted on Thursday August 16, 2018

The United States on Wednesday ruled out removing steel tariffs that have contributed to a currency crisis in Turkey if Ankara frees a U.S. pastor, as Qatar pledged $15

White House condemns Turkey's tariffs on U.S. imports
Posted on Thursday August 16, 2018

The White House on Wednesday condemned Turkey's doubling of tariffs on U.S. cars, alcohol and tobacco imports, calling the action "a step in the wrong direction."

Asia Financial News

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