Thursday, 1 August 2019

U.S. charges ex-CEO, ex-CFO of Brixmor REIT with fraud

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U.S. charges ex-CEO, ex-CFO of Brixmor REIT with fraud

A former chief executive officer and former chief financial officer of Brixmor Property Group Inc were charged on Thursday with accounting fraud for manipulating a key financial metric for the large shopping center owner and operator.

Exclusive - Codelco's Chuquicamata smelter restart delayed until end-October: sources

The reactivation of a smelter belonging to Chile's state-run Codelco, the world's top copper producer, will be further delayed until the end of October this year after missing a previous target of April, four sources told Reuters.

NYSE-owner ICE beats profit view on growth in transaction, data units

Intercontinental Exchange Inc , which owns the New York Stock Exchange, on Thursday beat analysts' estimates for quarterly profit, helped by growth across its transaction and clearing business and data services unit.

U.S. retailers blast new China tariffs, say move will raise prices further, hurt jobs

President Donald Trump's threat to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept. 1 will hurt consumer purchases, raise prices further and limit hiring, four large retail trade groups warned on Thursday.

U.S. FTC probes Facebook's acquisition practices - WSJ

The U.S. Federal Trade Commission is investigating whether Facebook Inc acquisitions were aimed at buying up potential rivals before they could become a threat to the social media company, the Wall Street Journal reported on Thursday, citing people familiar with the matter.

GoPro misses profit estimates, shares fall 12%

GoPro Inc fell short of Wall Street expectations for second-quarter revenue and profit on Thursday, as it struggled to attract customers for its action cameras, sending shares down 12% in extended trading.

Wall Street dragged down by Trump trade tweet

Wall Street fell again on Thursday, abruptly reversing early gains after U.S. President Donald Trump put concerns about the U.S.-China trade war back in the spotlight, tweeting that he would impose an additional 10% tariff on $300 billion in Chinese imports.

Trump threatens new tariffs as U.S.-China trade tensions spike again

U.S. President Donald Trump on Thursday moved to impose a 10% tariff on a remaining $300 billion list of Chinese imports starting Sept. 1, after U.S. and Chinese negotiators failed to kickstart trade talks between the world's two largest economies.

Pinterest beats revenue estimates on user addition, shares jump

Pinterest Inc reported second-quarter revenue above Wall Street estimates on Thursday, as the online scrapbook company added more monthly active users, sending shares up 13% in extended trading.

Google blocks websites certified by DarkMatter, after Reuters reports

Alphabet's Google has blacklisted websites approved by a United Arab Emirates-based security company after Reuters reports tied the firm to a state hacking operation.

Trump says U.S. will be 'taxing' China until trade deal is reached

President Donald Trump said on Thursday Chinese President Xi Jinping was not moving fast enough on reaching a trade agreement and that the United States would be "taxing" China until a deal is secured.

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