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Author: wellingtontribune.com
JPMorgan has downgraded Chinese stocks to neutral, citing risks of a second tariff war and concerns over China’s economic performance, advising investors to shift to other markets.
Verizon will acquire Frontier Communications for $9.6 billion, expanding its fiber network and adding 2.2 million subscribers across 25 states to its Fios service.
NASA and ESA confirm that a small asteroid will enter Earth’s atmosphere today, safely burning up over the western Pacific Ocean near the coast of the Philippines.
The U.S. labor market saw job openings dip to a 30-month low in July, suggesting further cooling as economists closely watch the Federal Reserve.
Volvo revises its 2030 electrification target, now aiming for 90% to 100% electric or hybrid vehicles, citing slow market adoption and infrastructure challenges.
The average pension pot required for a basic retirement income has soared by 60%, reaching nearly £110,000 amid rising living costs, according to new research.
Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this week.
Seventy firefighters tackled a fire in southeast London’s Rosenthal Road. The fire engulfed two flats, and emergency services received nearly 50 calls for help.
In a tit-for-tat response to Canada’s EV tariffs, China has begun investigating Canadian canola imports, threatening to exacerbate trade tensions between the two nations.
Dow, S&P 500, and Nasdaq fell Tuesday, with semiconductor stocks leading the market lower as September trading kicked off with volatility.