July 6, 2018

World stock markets edge higher as U.S.-China trade tariffs take effect

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

Volkswagen loses bid to block investigators examining legal files

Volkswagen has lost a legal challenge to prevent prosecutors from examining unpublished documents about its emission scandal, with Germany’s top court ruling on Friday that files […]
July 6, 2018

China blames U.S. for ‘largest-scale trade war’ as tariffs kick in

The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale […]
July 6, 2018

Instant View: U.S. triggers China tariffs, fuels fears of escalating trade war

The United States and China slapped tit-for-tat duties on $34 billion worth of each other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale […]
July 6, 2018

Tariffs on U.S.-made models to force BMW price hikes 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

Venezuela’s domestic airline industry suffers amid economic crisis

Venezuela’s domestic airline industry is struggling to maintain operations due to hyperinflation and shortages of spare parts, according to an industry association, making it increasingly hard […]
July 6, 2018

Oil slips below $77, weighed down by Saudi output boost, trade tensions

Oil slipped below $77 a barrel on Friday, under pressure as higher Saudi production and trade tensions between the United States and China offset support from […]
July 6, 2018

Wall Street edges higher as strong jobs data offsets trade worries

U.S. stocks edged higher on Friday on stronger-than-expected job growth in June, offsetting concerns from a trade war between the United States and China. Powered by […]
July 6, 2018

Dollar falls after U.S. nonfarm payrolls report, 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 – […]
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