Thursday, 30 August 2018

Apple expected to unveil new iPhone models on September 12

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Apple expected to unveil new iPhone models on September 12

Apple Inc said on Thursday it will host an event on Sept. 12 at the Steve Jobs Theater in the company's Cupertino, California, campus, where it is widely expected to unveil new iPhone models.

Wall Street rally halted by trade worries

U.S. stocks ended their four-day winning streak on Thursday as trade anxieties resurfaced and investors sold risk ahead of the long Labor Day holiday weekend.

Merrill Lynch does about face on fiduciary-era policy

Bank of America Corp's wealth management arm Merrill Lynch said on Thursday it is reintroducing commissions for its retirement accounts, reversing a policy put in place to comply with Obama-era regulation.

As clock ticks, Canada and U.S seek ways to salvage NAFTA

Talks between Canada and the United States intensified on Thursday as the two countries pushed to hammer out a deal on a revamped North American Free Trade Agreement by a Friday deadline, with both sides upbeat about the progress made so far.

U.S. stocks drop on China trade worries; Argentine peso roiled

The rally in U.S. stocks came to a halt on Thursday on new concerns that the U.S.-Chinese trade dispute will intensify, while economic turmoil in Argentina and Turkey sent those countries' currencies tumbling.

Now you see it, now you don't: oil surplus vanishes ahead of Iran deadline

An overhang of homeless crude in the Atlantic Basin has halved in recent weeks, suggesting oil traders are bracing for a further supply loss from Iran due to U.S. sanctions and a new rally in prices.

Trump ready to ratchet up China trade war with more tariffs: report

U.S. President Donald Trump is prepared to quickly ramp up a trade war with China and has told aides he is ready to impose tariffs on $200 billion more in Chinese imports as soon as a public comment period on the plan ends next week, Bloomberg News reported on Thursday.

WPP set to name internal favorite Mark Read as new CEO: source

WPP will name its unassuming former digital boss Mark Read as its new chief executive, tasked with turning around the world's largest advertising group in the wake of Martin Sorrell's departure, a city source told Reuters.

Walmart adds toys and shelf space for holidays, expands online offerings

Walmart Stores Inc has significantly increased the selection of toys in its stores and online for the holiday season, a company executive said on Thursday, and is expanding its toy aisles in certain markets, all to lure shoppers after rival seller Toys R Us went out of business earlier this summer.

EU deeply disagrees with U.S. on trade despite detente

The European Union's detente on tariffs with the United States has not put to rest "profound disagreements" on trade policy, the European commissioner in charge of trade said on Thursday.

Campbell to sell fresh, international units, complete sale an option

Campbell Soup Co said on Thursday it plans to sell its international and fresh refrigerated-foods units and left open the possibility of putting the whole company up for sale, following a months-long review and pressure from a hedge fund to sell itself outright.

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