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Global stocks dive on growth concerns, doubts over trade truce

NEW YORK (Reuters) – Global stocks tumbled on Tuesday as a flattening Treasury yield curve sparked recession warnings, while optimism sharply waned that the United States and China would quickly resolve their trade dispute. Benchmark Treasury 10-year yield fell to its lowest point since mid-September. The spread between the 10-year …

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Thomson Reuters to cut 3,200 jobs in next two years

TORONTO (Reuters) – Thomson Reuters Corp (TRI.TO) said on Tuesday that it will cut its workforce by 12 percent in the next two years, axing 3,200 jobs, as part of a plan to streamline the business and reduce costs. FILE PHOTO: The Thomson Reuters logo is seen on the company …

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Asia shares slump as trade truce doubts gather

SHANGHAI (Reuters) – Asian shares fell on Tuesday as relief over a pause in escalation of the trade war between the U.S. and China gave way to doubt over the two countries’ ability to resolve differences. A man sits in front of an electronic board showing stock information at a …

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