Investing.com -- The Chinese government has announced new measures to increase foreign flights, visitors, and shoppers in several major cities including Beijing, Shanghai, Guangzhou, Tianjin, and Chongqing. These measures were released on Wednesday by the State Council, China’s cabinet.The measures are part of a larger initiative to support the development of "international consumption centre ci ...
Investing.com -- Shares of copper miner Freeport-McMoRan (NYSE:FCX) rose 2.3% in pre-market trading following indications from the administration of U.S. President Donald Trump that tariffs on the industrial metal might be imposed in the coming weeks.Freeport-McMoRan, which operates copper mines in Arizona and New Mexico, has been on an upward trend as it’s anticipated to benefit from the imposi ...
Investing.com -- U.S. stock futures steadied Wednesday, with investors awaiting more news surrounding trade tariffs, economic data and corporate earnings.Here are some of the biggest premarket U.S. stock movers today:Chewy (NYSE:CHWY) stock rose 5.2% after the online pet food retailer reported core income in the fourth quarter that topped analysts’ expectations, bolstered by a solid uptick in de ...
Investing.com -- The UK leisure sector is entering a period of financial pressure, driven by an unprecedented combination of cost headwinds. April’s budgetary changes will have a profound impact on labour-intensive businesses, particularly those operating with already thin operating margins. Against this backdrop, JD Wetherspoon (LON:JDW) faces a challenging road ahead, prompting a d ...