Brazil's real weakened on Monday beyond 4.20 per dollar, on course for its weakest closing level on record, as traders pushed the currency through the key level where the central bank had intervened in August by selling dollars on the spot market.
* U.S. grants 90-day extension to Huawei. * HP dips after rejecting Xerox's (XRX) $33.5 bln bid. * Coty (COTY) gains on stake in Kylie Jenner's businesses. * Indexes up: Dow 0.12%, S&P 0.1%, Nasdaq 0.18% By Sinéad Carew. NEW YORK, Nov 18 - Wall Street's main indexes were very slightly higher on Monday after closing at records on Friday and investors digested mixed headlines on U.S.-China trade relations.
DALLAS, Nov. 18, 2019 MODE Transportation and SunteckTTS Inc., two leading multimodal third-party transportation and logistics providers, announced today that they have entered into a definitive merger agreement.
Brazil's Economy Minister Paulo Guedes said on Monday that the government's primary budget deficit this year should come in at just below 80 billion reais . Speaking at a news conference in Brasilia, Guedes said that the government had resisted increasing pressure to abolish its spending cap, but will be able to reverse all the spending freezes announced earlier in the year so it could meet its...
The world's largest mining trade group said on Monday it has concerns with global standards for mining waste dams being crafted by an independent panel of academics and engineers, especially how the new rules will apply equally to new and existing facilities.
The dollar dropped against the
yen and the euro on Monday after a media report dashed fresh
hopes that the United States and China are close to reaching a
trade deal.
The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Tuesday 0830 Housing Starts Oct 1.30 M 1.256 M-- percent change Oct +3.5% -9.4% 0830 Building Permits Oct 1.38 M 1.387 M-- percent change Oct -0.5% -2.7% Thursday 0830 Jobless Claims Nov 16 217 K 225 K 0830 Phila Fed Mfg Svy Nov 5.0 5.6 1000 Existing Home Sales Oct 5.46 M 5.38 M-- percent change Oct +1.5% -2.2% 1000 Leading Index Oct...
U.S. stocks drifted between small gains and losses Monday, kept in a narrow range by a dearth of economic data and earnings. The Dow Jones Industrial Average was last up 33 points, or 0.1%, to 28037, heading toward another closing record. The S&P 500 added less than 0.1% and the Nasdaq Composite was up 0.1%.
'We're in a good spot' to see how economy evolves, Cleveland Fed President says. Cleveland Federal Reserve President Loretta Mester said Monday she didn't support the central bank's recent series of three quarter-point rate cuts, but said she's content to watch and wait to see how the economy develops from here. "I would have preferred that we just hold the interest rate where it was and wait for more signs the economy was slowing down more than anticipated," Mester said, in a talk with...
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