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01 Apr, 2020
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Deere's Profit Rises On Stronger Machinery Sales
Deere & Co. (NYSE: DE) said sales and profits in the latest period were lifted by demand in its construction and farming markets despite results falling short of Wall Street estimates.The weaker-than-expected results sent shares lower as the mar..
FedEx Acquires 1000 Chanje Electric Vehicles
FedEx Corp. (NYSE: FDX) announced on Tuesday that it will acquire 1,000 Change V8100 electric delivery vehicles to expand its fleet. FedEx will acquire 100 of the vehicles from Chanje Energy and lease 900 from Ryder Systems.FedEx says it will intend..
China Faces Soybean Shortage as fallout from the Trade War with the U.S.
Four months after China’s 25% retaliatory tariff on American good, Chinese farmers are now facing a soybean shortage. China, which is the largest importer of soybeans, relied on a steady and cheap supply of American soybeans to feed their farm..
China to Impose Additional USD 16 Billion in Tariffs on U.S. Goods
China is imposing another 25% tariff on an additional USD 16 Billion worth of U.S. goods such as fuel, steel products, and auto and medical equipment, said the Chinese Commerce Ministry. The tariffs are set to take effect beginning August 23rd, the ..
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