Бизнес и финансы

A U.S. Trade Complaint, Tech Earnings and Jobs Numbers

Author: The New York Times / Source: New York Times

Here’s what to expect in the week ahead:

TRADE

World Trade Organization to hear U.S. complaint on China.

On Monday, the dispute resolution body of the World Trade Organization in Geneva will hear a complaint filed by the United States alleging that China’s regulation of foreign companies violates international rules protecting intellectual property rights.

Новости СМИ2

The complaint, part of President Trump’s effort to check China’s growing economic influence, accuses Chinese companies of breaking patent laws by pilfering technologies after licensing agreements with American companies end. Under W.T.O. rules, China could block the first hearing but cannot block a second one from being held, probably as early as next month, according to American officials.

— Glenn Thrush

MANUFACTURING

Investors will be looking for G.E.’s turnaround plan.

H. Lawrence Culp Jr., the new chief executive at General Electric, has been on the job for less than a month. So when the troubled industrial icon reports results on Tuesday, analysts will be looking less at the third-quarter numbers than the broad contours of the new chief’s turnaround plan. Two issues for the company: how to pull its power generation business out of its tailspin, and the fate of the dividend. Analysts expect the 48-cent yearly payout to be cut by up to 90 percent, to conserve cash.

— Steve Lohr

TECHNOLOGY

Wall St. to watch both Facebook’s earnings and user numbers.

Facebook will report its earnings for the third quarter on Tuesday, an event sure to be closely monitored by investors. The company has been battered throughout 2018, thanks in part to wide-ranging market volatility and controversy surrounding foreign influence campaigns operating across the service.

Новости СМИ2

But Wall Street was also shocked in July, when Facebook reported sales growth lagging far below expectations and company executives said little to explain the shortcomings. Expect the Street to keep a close eye on revenue growth trajectory, and if Facebook’s user numbers have flagged in the wake of major changes to how the News Feed operates.

— Mike Isaac

ECONOMY

New figures expected to show slower growth in eurozone.

Official European Union figures coming out on Tuesday are expected to show that growth in the eurozone slowed significantly from July through September. A period of unusually strong expansion has been interrupted by stock market turmoil, trade tensions, Brexit and even new emissions rules that slowed delivery of new cars. But Mario Draghi, the president of the European Central Bank, insisted last week that although the eurozone is growing more slowly, it is not sinking into recession.

— Jack Ewing

TECHNOLOGY