Tag Archives: drop

Futures drop as Huawei executive arrest fans China-U.S. worries

(Reuters) – U.S. stocks were set to tumble on Thursday as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked fears of a flare-up in Sino-U.S. tensions, while sliding oil prices added to the pressure. A trader works on the floor at the New York Stock Exchange (NYSE) in New York ...

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SoftBank mobile services disrupted ahead of bumper IPO, shares drop

FILE PHOTO – A woman using a mobile phone walks past the logo of SoftBank Corp in Tokyo May 11, 2015. REUTERS/Toru Hanai/File Photo TOKYO (Reuters) – SoftBank Group Corp’s mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially ...

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Oil’s sharp price drop fuels questions for stock market

NEW YORK (Reuters) – U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end. FILE PHOTO: A pump jack lifts oil out of a well, during a sandstorm in ...

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Russia asks Italy to drop charges against envoy in Nigeria graft case

MILAN (Reuters) – Russia has asked Italy to drop charges against a former ambassador caught up in a Nigerian corruption case, legal documents showed on Wednesday. Ednan Tofik ogly Agaev, a former Russian ambassador in Colombia, is charged with international corruption in a case revolving around the 2011 purchase by oil majors Eni and Shell of Nigeria’s OPL 245 oilfield. ...

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Futures drop on hawkish Fed, disappointing industrial earnings

(Reuters) – U.S. stock futures fell on Thursday, as some industrials reported disappointing results, while the Federal Reserve’s minutes showed officials broadly agreed on raising interest rates further, fanning concerns that contributed to last week’s brutal selloff. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2018. REUTERS/Brendan McDermid ...

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Food sales drop as barbecue summer ends

Image copyright Getty Images Food sales saw their steepest drop in three years in September as consumers tightened their belts after the unusually hot summer, the Office for National Statistics (ONS) has said. Sales of food were down 1.5% in the month, contributing to a 0.8% fall in total UK retail sales. The ONS said sales continued to grow in ...

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