August 3, 2018

China unveils retaliatory tariffs on $60 billion of U.S. goods in latest salvo

China on Friday announced retaliatory tariffs on $60 billion worth of U.S. goods ranging from liquefied natural gas (LNG) to some aircraft and warned of further […]
August 3, 2018

White House says Trump’s resolve is firm on China trade

A top White House adviser warned China on Friday not to underestimate U.S. President Donald Trump’s resolve in a brewing trade battle between the world’s two […]
August 3, 2018

China’s Unipec suspends U.S. oil imports as trade spat intensifies

China’s Unipec, the trading arm of state oil major Sinopec, has suspended crude oil imports from the United States due to a growing trade spat between […]
August 3, 2018

AIG shares slide 3 percent after executives downplay weak results

Insurer American International Group Inc slid more than three percent in morning trading on Friday after executives tried to downplay another weak earnings report and vowed […]
August 3, 2018

UK regulator confirms Disney must offer at least 14 pounds per share for Sky

Britain’s takeover regulator said on Friday that a review had confirmed its ruling that Walt Disney might have to offer at least 14 pounds a share […]
August 3, 2018

FedEx to not charge extra for most peak-season home deliveries

FedEx Corp said on Friday it would not charge customers extra fees for most packages delivered to homes during the peak holiday shopping season, except packages […]
August 3, 2018

Wall Street flat as tepid jobs data, trade fears weigh

U.S. stocks were flat on Friday, after gains in the consumer staples sector, boosted by Kraft Heinz’s strong earnings, were offset by data which showed job […]
August 3, 2018

Heineken toasts $3.1 billion China Resources Beer premium tie-up

Heineken is taking a $3.1 billion stake in the parent of China Resources Beer , China’s top brewer, to tap a growing thirst for premium brands […]
August 3, 2018

Global stocks drift lower on trade worries, Italian bonds sell off on government tensions

World stocks drifted lower on Friday as the latest exchange of trade threats between the United States and China dampened risk appetite, while Italian bonds and […]
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