July 12, 2019

Volkswagen to contribute $2.6 billion to Ford’s autonomous venture: source

Carmaker Volkswagen will inject $1 billion in capital and $1.6 billion worth of assets into Ford’s self-driving unit, a source close to the matter said on […]
July 12, 2019

Daimler warns on profit again, blames diesel and recall costs

Luxury carmaker Daimler cut its profit forecast for the fourth time in 13 months on Friday, as it set aside more money to cover a regulatory […]
July 12, 2019

Shares flat as investors digest economic data, dollar dips for third day

World shares came within a whisker of posting their first weekly loss since May on Friday and the dollar was down for a third day running, […]
July 12, 2019

China’s June exports, imports fall as trade war takes heavier toll

China’s exports fell in June as the United States ramped up trade pressure, while imports shrank more than expected, pointing to further weakness in the world’s […]
July 12, 2019

Expectations are low for bank earnings but investors say ‘buy’

Low interest rates and weak trading volume have pushed down Wall Street’s second-quarter estimates for the biggest U.S. banks, yet investors still say they want in […]
July 12, 2019

Airbus pulls anniversary book over fraud probe concerns: sources

Airbus has halted sales of a new book that the planemaker had commissioned for its 50th anniversary to avoid hampering the manufacturer’s attempts to win a […]
July 12, 2019

China June rare earth exports rise, snapping two months of declines

China’s rare earth exports rose by 9% in June from May, customs data showed on Friday, snapping two months of declines that had stoked worries over […]
July 12, 2019

China June soybean imports fall on trade war, deadly pig disease

China’s soybean imports fell 11.5% in June from May, customs data showed on Friday, as the Sino-U.S. trade war and an outbreak of deadly African swine […]
July 12, 2019

China’s June coal imports fall as local miners boost output

China’s June coal imports fell 1.4% from May to 27.1 million tonnes, official data showed on Friday, as local miners boosted output to ensure adequate supply […]
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