News

Trump’s trade war is wreaking havoc on the private jet industry

BBA Aviation, a major private jet charter and services company, blamed President Donald Trump’s trade war for disappointing business results. The London-based conglomerate said it experienced softness especially in its discretionary flying unit, as the world’s elite do less jet-setting. Shares of the company fell as much as 5% in […]
Trump’s trade war is wreaking havoc on the private jet industry
News

China made 3 demands to end the trade war; only one of them is legit

One sticking point of China’s in the trade war is the amount of US goods the Trump administration wants China to buy. This is a demand that actually makes sense. In most cases, the US couldn’t even satisfy Chinese demand for goods without messing up supply chains or changing production. […]
China made 3 demands to end the trade war; only one of them is legit
Markets

Global stocks gain after ‘Apple’s got its mojo back’ with bullish forecast — while traders cheer China trade-war progress and Fed meeting

Global stocks gained Wednesday after Apple issued a bullish revenue forecast for the current quarter and revealed signs of recovery in iPhone sales. Apple shares rose more than 5% in premarket trading after it forecast revenue of $US52.5 billion to $US54.5 billion, above analysts’ expectations. Helping sentiment: Progress in the […]
Global stocks gain after ‘Apple’s got its mojo back’ with bullish forecast — while traders cheer China trade-war progress and Fed meeting
Markets

Markets rally on report China and US near deal to slash tariffs

Global markets rallied Monday on a report that China and the US were in the “final stage” of a trade deal. Washington and Beijing are offering to lower or remove tariffs on some products, The Wall Street Journal reported on Sunday. Stock markets around the world rallied Monday after a […]
Markets rally on report China and US near deal to slash tariffs
Markets

Stock markets are soaring after Trump delays tariffs on Chinese goods

Global stock markets rallied Monday after President Donald Trump tweeted about “substantial progress” in trade talks with China. The Shanghai Composite Index soared 5.6%, its best one-day rally since 2015. “The US has made substantial progress in our trade talks with China on important structural issues,” Trump tweeted Sunday. “There’s […]
Stock markets are soaring after Trump delays tariffs on Chinese goods