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Company has announced plans to shut down an entire factory. Competitors shiflet and bush also lowered their earnings expectations and said the stuff would have to be let go falling demand is hurting Steel Companies like some corp to the company is bracing for a loss this year. And exporters are feeling the squeeze from the u. S. Side no trade war and brics it worries for economists the signs are clear germany is heading towards a recession overall industrial output in june this year was down one and a half percent compared to may that was a bigger drop than analysts had been forecasting compar...

About 5 from their all time highs. Where is it safe to hide in this stock market we have details as power lunch starts right now and here is where we stand right now. The dow was down nearly 600 points at the lows of the day right off the open, weve come a long way back. Now down just about a hundred points with the nasdaq actually in the green, ever, ever, ever so slightly. The two big laggards are energy and financials well explain why, both down about 2 oil sinking to 50 a barrel. Well have more on that later. That would explain why Energy Stocks are down 1 3 4 . The focus is yields banks a...

Business im in berlin welcome the German Economy has ended the 2nd quarter on a week note data released on friday shows exports from europes economic powerhouse were down 8 percent in june compared with the same month last year thats the biggest drop in 3 years more and more analysts say europes biggest economy is facing a recession many german engineering firms comic and supplies and crisis hit by profit downturns a lot of companies are cutting jobs or reducing it raises the risk of a global slowdown. Europes economic model may be running out of gas automotive supplier continentals net profit...

This hearing of the Senate Agriculture committee. Its about an hour and 45 minutes. Morning. I call this meeting of the Senate Committee on agriculture under order. We are happy to have you back here again before the committee to discuss the need for certainty in our Global Agriculture markets. International trade policies and their impacts on the United States agriculture economy has been a topic of great interest over the last few years and more particularly the last few months. In fact, this is the second time in the last year that we are hearing about the efforts being made at the office o...

In 2020. And the online grocer delivers a confident outlook after a fall in first half earnings and former ecb president throws his weight behind Christine Lagardes nomination telling cnbc that she is a born leader im sure that she will do it well not only because she has knowledge and experience, but also because shes a Good Team Leader shes always been a Good Team Leader and dont forget, Central Banks are key. Well, a very warm welcome to street signs this morning. Lets get right into the top corporate story of the day which is driving a lot of the moves in equities more broadly and that is ...