[ad_1] (Reuters) – Wall Street’s main indexes edged lower on Tuesday after three sessions of gains, as lower Treasury yields weighed on financial stocks, offsetting a boost from Home Depot’s better-than-expected quarterly earnings. FILE PHOTO:
Oil steadies as hopes of easing trade tensions lend support
[ad_1] NEW YORK (Reuters) – Oil prices steadied on Tuesday on optimism U.S.-China trade tensions will ease and hopes major economies will take stimulus measures to ward off a possible economic slowdown, after falling earlier
U.S. regulators hand Wall Street a major win with stripped-down ‘Volcker Rule’
[ad_1] WASHINGTON (Reuters) – U.S. banking regulators on Tuesday approved changes easing a rule introduced after the 2007-2009 financial crisis that bans banks from trading on their own account, giving Wall Street one of its
Argentine peso falls despite new economy chief’s vow to stabilize it
[ad_1] BUENOS AIRES (Reuters) – Argentina will stand by the fiscal targets it has agreed with the International Monetary Fund and work to stabilize the peso, the country’s new treasury minister said on Tuesday in
Exclusive: Cigna seeks sale of group benefits insurance business – sources
[ad_1] U.S. health insurer Cigna Corp is exploring a sale of its group benefits insurance business, which could be valued at as much as $6 billion, four people familiar with the matter said on Tuesday.
Argentina’s new economy chief says peso stability is top priority
[ad_1] BUENOS AIRES (Reuters) – Argentina will stand by the 2019 fiscal targets it has agreed with the International Monetary Fund and work to stabilize its currency, which lost 18% of its value last week,
Pompeo: ‘No mixed messages’ from U.S. on Huawei
[ad_1] U.S. Secretary of State Mike Pompeo speaks to the media at the State Department in Washington, U.S., August 7, 2019. REUTERS/Yuri Gripas WASHINGTON (Reuters) – U.S. Secretary of State Mike Pompeo said on Tuesday
From bin bags to planes: Shell, BA plan EU’s first waste-to-jet fuel plant
[ad_1] LONDON (Reuters) – Aeroplanes could be powered by jet fuel made from household rubbish from 2024 under plans by Shell (RDSa.L), British Airways and Velocys (VLSV.L) to build Europe’s first large-scale plant to produce
China’s petrochemical expansion to overwhelm Japan, South Korea producers
[ad_1] SINGAPORE/TOKYO (Reuters) – A massive surge in China’s manufacturing capacity for paraxylene, a petrochemical used to make textile fibres and bottles, could force leading exporters in Japan and South Korea to cut production as
China trims lending rates with new benchmark, more cuts expected
[ad_1] SHANGHAI/BEIJING (Reuters) – China lowered its new lending reference rate slightly on Tuesday, as expected, as the central bank kicked off interest rate reforms designed to reduce corporate borrowing costs in the world’s second-largest