(Reuters) -Online spending soared $24.1 billion across U.S. retailers during the stretch from July 8 to 11 – dubbed "Black Friday in Summer", outpacing Adobe (NASDAQ:ADBE) Analytics’ prior forecast, as eager shoppers rushed to snap up deep discounts on back-to-school essentials. Retailers recorded online sales growth of 30.3% during events that included Amazon Prime Day, Adobe said on Saturday ...
(Reuters) -U.S. President Donald Trump announced on Saturday a 30% tariff rate for goods imported from the European Union and Mexico, starting on August 1. The EU had initially hoped to reach a comprehensive trade agreement with the U.S. for 27-country bloc, but until Trump’s social media post on Saturday it was unclear if it might get a letter announcing more tariffs or when an agreement might ...
By Lewis Krauskopf and Suzanne McGee NEW YORK/LONDON (Reuters) -Global investors got a harsh reminder of the risks around trade tariffs and U.S. President Donald Trump’s deal-making on Saturday after he threatened fresh tariffs on his biggest trading partners in Europe and Mexico. Trump said in social media posts on Saturday he would impose a 30% tariff on imports from Mexico and the European Un ...
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% to hit a new 6-months low. The best performers of the session on the MOEX Russia Index were OK Rusal MKPAO (MCX:RUAL), which rose 1.15% or 0.32 points to trade at 28.05 at the close. Meanwhile, Magnitogorskiy Metallurgicheskiy Kombin ...