Door to US-China trade talks seems to open after IMF meeting
The gathering of world finance ministers began with heightened anxiety about the potential damage a US-China trade war could do to the economic recovery but ended Saturday with a door open to negotiations.
NEW YORK (Aug 16): Wall Street fell in a day of heavy trading on Wednesday with the S&P 500 posting its biggest percentage drop since late June as investors turned risk-averse on disappointing earnings and escalating global tariff worries.
Chinese technology company Tencent Holdings Ltd reported its first profit decline in almost 13 years, putting pressure on the U.S. tech sector. Technology stocks were the biggest drag on the S&P 500 and the Nasdaq, with the S&P 500 technology index down 1.1 percent.
Indie publisher Raw Fury wrapped up a Series A round of funding with a $5.5 million investment from Nordisk Film Games, which was the sole investor in the round. The publisher has a few titles cooking, like Shedworks’ Sable and Plausible Concept’s Bad North, and the new funds will go toward signing larger titles as […]