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Market Snapshot: Dow falls 300 points, as stock market losses deepen after highest jobless claims in a month
U.S. stock indexes trade lower Thursday morning as investors react to disappointing results from big-box retailer Walmart Inc., and parse a weaker-than-expected update on the state of the U.S. labor market amid the COVID pandemic......»»
Market Snapshot: Dow skids over 200 points at the open as jobless claims hit highest in a month
U.S. stock indexes trade solidly lower Thursday morning as investors react to disappointing results from big-box retailer Walmart Inc., and parse a weaker-than-expected update on the state of the U.S. labor market amid the COVID pandemic......»»
What Trade War? Chinese Trade Surplus Hits All Time High On Soaring Exports Of Pandemic Goods
What Trade War? Chinese Trade Surplus Hits All Time High On Soaring Exports Of Pandemic Goods China’s Covid-.....»»
: Electric-vehicle sales have been a highlight in a year when the COVID-19 pandemic wrought havoc on car makers
Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives......»»
: Electric-vehicle sales have been a highlight in a year where the COVID-19 pandemic wrought havoc on car makers
Sales of electric vehicles by European car makers accelerated rapidly in 2020, amid governments offering generous incentives to trade in gas guzzlers for cleaner alternatives......»»
U.S. consumer spending does "an almost unbelievable about-face"
China has not usurped the United States as the largest retail market in the world despite predictions the U.S. would have a tougher time bouncing back quickly from Covid-19 pandemic challenges; in fact, although November sales dipped as consumer.....»»
Tencent Music misses first-quarter revenue estimates, shares fall
China's Tencent Music Entertainment Group missed Wall Street estimates for quarterly revenue on Monday as the COVID-19 pandemic impacted the company's social entertainment services business, sending its shares down 4.5% in extended trade......»»
Target snaps up shipping tech from failed Silicon Valley startup Deliv
Digital sales and delivery have been one of Target Corp.'s biggest strengths in recent months, helping the retailer rise above the turmoil created by the Covid-19 pandemic. With a new acquisition, the retailer looks to be boosting that business ev.....»»
Target buys shipping tech company Deliv
Digital sales and delivery have been one of Target Corp.'s biggest strengths in recent months, helping the retailer rise above the turmoil created by the Covid-19 pandemic. With a new acquisition, the retailer looks to be boosting that business even.....»»
Market Snapshot: Dow futures rise nearly 300 points as U.S.-China trade reps hold call; investors brace for jobs report
U.S. stock-index futures point sharply higher to start Friday trade, after Reuters reported that U.S.-China trade representatives held a phone call to discuss reducing tensions between the global superpowers amid testiness around the COVID-19 pandemic......»»
H&M"s sales tumble, stockpiles grow in March to May
H&M , the world's second-biggest fashion retailer, said local currency sales had tumbled 57% since the start of March compared with a year ago as the COVID-19 pandemic and lockdowns kept most of its stores closed......»»
Disney earnings plummet more than 90% as coronavirus wipes out more than $1 billion
Walt Disney Co. profit dove more than 90% in the second quarter, an example of the drastic effects on the company from the COVID-19 pandemic, which executives said cost the media giant more than $1 billion in sales just in its theme-parks division......»»
NewsWatch: Disney earnings plummet more than 90% as coronavirus wipes out more than $1 billion
Walt Disney Co. profit dove more than 90% in the second quarter, an example of the drastic effects on the company from the COVID-19 pandemic, which executives said cost the media giant more than $1 billion in sales just in its theme-parks division......»»
Exclusive: IKEA aims to start reopening stores in Europe in May
IKEA store owner Ingka Group, the world's biggest furniture retailer, aims to start reopening shops in Europe in May after closures and sliding demand due to the COVID-19 pandemic slashed group sales by 60%, its chief executive said......»»
Ford"s Q1 China sales down 35% due to COVID-19 pandemic
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Tesla expands locally made line-up, blunting trade war impact
U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant, meaning all Model 3 sedans sold in the country are now locally made and not subject to import tax......»»
Global chip sales hampered as coronavirus spread in China
Global chip sales momentum stalled in February due a falloff in demand from China as the COVID-19 pandemic spread, according to the Semiconductor Industry Association late Friday. While worldwide February sales rose 5% to .....»»
Global chip sales in hampered as coronavirus spread in China
Global chip sales momentum stalled in February due a falloff in demand from China as the COVID-19 pandemic spread, according to the Semiconductor Industry Association late Friday. While worldwide February sales rose 5% to .....»»
Bill Ackman Bet On Market Plummet, Turned $27M Into $2.6B
Bill Ackman bet on a winner amid the coronavirus (COVID-19)Â pandemic. read more.....»»
A "Made-In-China" Pandemic
A 'Made-In-China' Pandemic Authored by Brahma Chellaney via Project Syndicate, The new COVID-19 coronavirus has.....»»