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Latin America looks past US on trade

A beleaguered Argentina had hosted the G-20 finance ministers to work out the agenda for their leaders’ December conclave in Buenos Aires. While officially focussed on infrastructure and the future of work, these more technical discussions were overshadowed by US tariff threats and President Donald Trump’s belligerence towards allies and the World Trade Organization. The US attack on the global ...

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Exxon is lucky big oil had a week to forget

It hasn’t been Big Oil’s finest week. Exxon Mobil Corp does things bigger than most, and that also applies to missing expectations, it seems. It reported earnings and cash flow per share in the latest quarter that were both short of consensus forecasts by more than 20 percent. Production of oil and gas, especially the latter, fell heavily. As a ...

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Twitter needs to accept a scaled-back reality

The hyped Twitter “recovery” has derailed. The company’s second-quarter financial report showed that the number of people using Twitter has stagnated and will decline, although the company said that’s at least in part because of intentional decisions to clean up its cesspool. Revenue growth, particularly in Twitter Inc’s vital US advertising market, is tepid for what was billed as a ...

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