By Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday that Walmart (N:WMT) should "eat the tariffs" instead of blaming duties imposed by his administration on imported goods for the retailer’s increased prices. His comments were in response to the world’s largest retailer saying this week it would have to start raising prices later this month due to high tariffs. "W ...
Investing.com – Russia stocks were lower after the close on Saturday, as in the sectors led shares .At the close in Moscow, the MOEX Russia Index unchanged 0.00%.The best performers of the session on the MOEX Russia Index were NOVATEK PJSC (MCX:NVTK), which rose 2.19% or 25.20 points to trade at 1,175.00 at the close. Meanwhile, Rostelekom PJSC (MCX:RTKM) added 2.04% or 1.14 points to end at 5 ...
By Yantoultra Ngui SINGAPORE (Reuters) -At least five companies from mainland China or Hong Kong are planning IPOs, dual listings, or share placements in Singapore in the next 12 to 18 months, four sources said, as Chinese firms look to expand in Southeast Asia amid global trade tensions. The companies include a Chinese energy company, a Chinese healthcare group, and a Shanghai-based biotech group ...
By Bo Erickson WASHINGTON (Reuters) -Moody’s downgrade of the U.S. sovereign credit rating has elicited mixed responses among Republicans in Congress, with some questioning the motive behind the change and others depicting it as a warning that lawmakers should heed as they wrestle with a sweeping tax and budget bill. The downgrade, announced on Friday evening, came only hours after a handful of ...