China wants talks on trade measures at COP29 climate summit, document shows
China has requested that countries hold talks at next week's COP29 U.N. climate summit on carbon border taxes and other "restrictive trade measures" that Beijing…
Walmart, other US retailers import fewer Christmas goods ahead of tepid holiday season
Santa Claus is not delivering as many Christmas trees, toys and decorations to the United States this year as in recent years, import data shows,…
Oil trades in tight range ahead of US election result
Oil prices traded in a narrow range on Tuesday ahead of what is expected to be an exceptionally close U.S. presidential election, after rising more…
Hugo Boss seeks to grow in China despite weak demand, CFO says
German fashion house Hugo Boss said on Tuesday it sought to expand its limited exposure to China and build brand visibility over the long run,…
Cummins posts quarterly profit beat on strong demand for power products from data centers
Cummins Inc beat third-quarter profit estimates on Tuesday, due to robust demand for its power generation products from data centers, sending the shares of the…
US trade deficit widens sharply in September
The U.S. trade deficit widened sharply in September as businesses boosted imports to meet robust domestic demand and in anticipation of higher tariffs on goods.
Grains merchant ADM slides on fresh accounting errors, profit forecast cut
Archer-Daniels-Midland shares fell 8% premarket on Tuesday after the global grains merchant cut its adjusted annual profit forecast and said it would amend its previous…
Italy puts ITA-Lufthansa deal on hold due to price dispute, sources say
Italy's Treasury has put on hold the sale of a minority stake in ITA Airways to Lufthansa because of a dispute with the German carrier…
German air-taxi maker Lilium hires KPMG to explore M&A options
German air-taxi maker Lilium, which is set to file for insolvency after running into a cash crisis, said on Tuesday it had hired consultancy KPMG…
Canada posts higher than expected trade deficit in September
Canada posted a higher than expected trade deficit of C$1.26 billion ($908 million) in September as a drop in imports failed to offset a fall…
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