July 6, 2018

World stock markets edge higher as U.S.-China trade tariffs kick in

World stock markets rose and the euro climbed to a three-week peak on Friday as the threat of tariffs by the United States and China on […]
July 6, 2018

U.S. job growth underscores economy’s strength, tariffs a threat

The U.S. economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the Federal Reserve on […]
July 6, 2018

Tariffs on U.S.-made models will mean pricier BMWs in China

German luxury automaker BMW said on Friday that it will be unable to “completely absorb” a new Chinese 25 percent tariff on imported U.S.-made models and […]
July 6, 2018

USTR sets 90-day deadline for China tariff exclusion requests

Companies seeking product exclusions from tariffs on Chinese goods imported into the United States will get 90 days to file such requests, until Oct 9, the […]
July 6, 2018

Investors to tune in for trade impact this profit season

With the United States and China finally formalizing tit-for-tat import tariffs, Wall Street is gearing up to dissect U.S. corporate earnings in the coming weeks for […]
July 6, 2018

Dollar slumps after U.S. nonfarm payrolls data, tariffs kick in

The dollar hit three-week lows on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely watched inflation gauge […]
July 6, 2018

Exclusive: BP in lead to acquire BHP’s U.S. onshore shale assets: sources

BP Plc is in the lead to acquire the U.S. onshore shale oil and gas assets of BHP Billiton Ltd after submitting an offer worth well […]
July 6, 2018

German government, JPMorgan deny report on Deutsche Bank

The German government dismissed a report that it had privately raised concerns about Deutsche Bank , while JPMorgan denied it was interested in a stake in […]
July 6, 2018

Thyssenkrupp board to seek new CEO after Hiesinger quits

Thyssenkrupp will take its time to replace Chief Executive Heinrich Hiesinger after his resignation, dampening hopes of a speedy restructuring or even a break-up of the […]
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