Trade wars impinging on FedEx growth delivery

Blaming a weakening global economy, FedEx has slashed its profit outlook. It is the latest sign that trade tensions are dragging down US corporate titans.

Trade wars impinging on FedEx growth delivery
Thu, 19 Sep, 2019 - 06:45

Blaming a weakening global economy, FedEx has slashed its profit outlook. It is the latest sign that trade tensions are dragging down US corporate titans.

The forecast signalled deepening trouble for the courier, as the US and China battle over tariffs.

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