Apple shares slid nearly 3% on Friday after the company trimmed its stock buyback program by $10 billion, and warned of an estimated $900 million in additional costs for the current quarter due to trade tariffs imposed under US President Donald Trump’s administration.Chief Executive Tim Cook said the company is…
General Motors will cut production at its Oshawa Assembly plant in Canada, moving from a three-shift to a two-shift…
Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion…
Eight member nations of the OPEC+ alliance are likely to meet on Saturday to deliberate on a potential further…
The prospect of higher supply from the Organization of the Petroleum Exporting Countries and allies in the coming months…
Trade tensions between the United States and China are throwing a spanner in billions of dollars worth of acquisitions…
US stocks advanced at open on Thursday following strong earnings from major technology firms, which helped ease concerns that…
US construction spending unexpectedly declined in March, and the country’s manufacturing sector continued its downward slide in April, as…
China said on Friday that it is assessing recent overtures from the United States to initiate trade negotiations, raising…