News

HSBC cuts UPS rating as ’tariffs overshadow self-help’
HSBC has downgraded United Parcel Service (NYSE:UPS) to Hold from Buy and slashed its price target to $105 from $140 per share.
Cheap parcels from China will no longer be duty-free. Here’s what it means for buyers and sellers
Consumers can expect higher prices and delivery delays when the Trump administration ends a duty-free exemption on low-value imports from China Friday. The expiration of the ...