(Reuters) - PVH Corp (PVH.N) cut its full-year profit forecast for the second time this year on Wednesday, as the Calvin Klein owner sees pressure from the protracted U.S-China trade tensions and the ongoing protests in Hong Kong.
WASHINGTON/DECATUR, Ill. (Reuters) - U.S. President Donald Trump will announce a plan to boost demand for biofuels within weeks, his secretary of agriculture said on Wednesday, as the administration seeks to assuage farmers angered by its expanded use of oil refinery waivers. The spat over
CHICAGO (Reuters) - U.S. Agriculture Secretary Sonny Perdue ordered an investigation into widening prices between cattle and beef on Wednesday after a recent fire at a Tyson Foods Inc (TSN.N) slaughterhouse in Holcomb, Kansas, shut the plant. Cattle prices have tanked because the fire temporarily
(Reuters) - Box Inc, a cloud content management platform provider, reported better-than-expected quarterly revenue on Wednesday, but shares fell 8% in extended trading as investors were disappointed after the company reiterated its full-year earnings outlook. The company reaffirmed its full-year earnings per share outlook
NEW YORK/FRANKFURT (Reuters) - Huawei Technologies plans to forge ahead with the launch of new high-end smartphones in Europe even though it may not be able to offer Google’s official Android operating system and widely used apps such as Google Maps, company executives told Reuters.
(Reuters) - Tapping factories in Brazil and India has not lessened Apple Inc’s (AAPL.O) dependence on China, the company’s supply chain data shows, raising the stakes for the iPhone maker as U.S. President Donald Trump wages a trade war and promises more tariffs. Apple faces
(Reuters) - U.S. stocks recovered from early losses on Wednesday, helped by financial stocks, although investors were guarded as worries about a recession loomed and trade tensions between the United States and China dragged on. The financial sector .SPSY was up 1.03%, clawing back some
WASHINGTON (Reuters) - The U.S. Trade Representative’s office on Wednesday reaffirmed President Donald Trump’s plans to impose an additional 5% tariff on a list of $300 billion of Chinese imports starting on Sept. 1 and Dec. 15. The USTR said in an official notice
WASHINGTON (Reuters) - More than 200 U.S. footwear companies on Wednesday urged U.S. President Donald Trump to cancel proposed higher tariffs on Chinese imports that take effect beginning next month, calling them hidden taxes that will jack up consumer prices. “Imposing tariffs in September on
(Reuters) - Over 160 business groups on Wednesday appealed to U.S. President Donald Trump in a letter to postpone all tariff hikes on Chinese imports scheduled this year, warning that it could hit shoppers with higher prices during the holiday season. “These tariff