Wednesday, December 12, 2018

Stocks crumble as global growth, U.S. earnings fears spook markets

SYDNEY (Reuters) - Asian shares plunged on Thursday as hundreds of billions of dollars hemorrhaged from global markets after a rout in tech stocks inflicted the largest daily decline on Wall...

Dollar index near two-week high on stronger safe haven bid

SINGAPORE (Reuters) - The dollar gained against its major peers on Tuesday, reining as the preferred safe haven currency as uncertainty over Brexit negotiations and Italy’s free spending budget spooked investors...

Dunnes Stores regains top spot in Ireland’s supermarket wars

DUNNES STORES HAS regained its position as Ireland’s most popular supermarket, while Aldi has hit a record market share in the most recent period. The latest Kantar Worldpanel supermarket shares show that...

Bear or bull? Five reasons to claw or thunder

NEW YORK (Reuters) - A sharp pullback in stocks last week, including the S&P 500's .SPX biggest single-day drop since a market correction in February, has left investors questioning whether this could signal...

China September copper imports jump on scrap crackdown, open arbitrage window

BEIJING (Reuters) - China’s unwrought copper imports surged to their highest in 2-1/2 years in September, while copper concentrate imports climbed an all-time high as the world’s top copper consumer’s crackdown...

US share markets sink as sell-off continues

A sell-off in US stock markets has continued with a second day of steep declines. Despite early gains, losses on the indexes accelerated later in the day, extending earlier drops in Europe...

IMF’s Lagarde says Pakistan hasn’t asked for financial assistance

NUSA DUA, Indonesial (Reuters) - International Monetary Fund Managing Director Christine Lagarde said on Thursday the global lending body has not yet received a formal request from Pakistan for financing assistance. Lagarde...

Alibaba executive warns trade war pain will be felt globally: SCMP

HONG KONG (Reuters) - The escalating trade war between the United States and China is careening toward a “cold war or geopolitical war” that will reverberate around the world, a senior...

Florida Panhandle pummeled by record-breaking Hurricane Michael

PANAMA CITY, Fla. (Reuters) - Hurricane Michael, the fiercest storm to hit Florida in more than 80 years and the third-most powerful ever to strike the U.S. mainland, battered the state’s...

Amazon India denies it gives select sellers preferential treatment

BENGALURU/MUMBAI (Reuters) - Amazon’s Indian business has denied accusations that it favors select merchants and brands, responding to a complaint lodged by an Indian lobby group. The All India Online Vendors Association...

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This smiling alpaca eating an orange looks blissfully happy

This smiling alpaca eating an orange looks blissfully happy Find someone who looks at you like an alpaca looking at an orange. (Charles Forman) If you’ve never...

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