December 4, 2018

As Trump touts trade war truce, China holds its tongue

As White House officials fanned out to talk up what U.S. President Donald Trump called “an incredible deal” with China to hit pause in their trade […]
December 4, 2018

Trump holds out possible extension on 90-day China trade truce

U.S. President Donald Trump on Tuesday held out the possibility of an extension of the 90-day trade truce he and Chinese President Xi Jinping agreed on […]
December 4, 2018

U.S. Commerce chief says timing of auto tariffs depends on talks

U.S. Commerce Secretary Wilbur Ross said on Tuesday that possible tariffs on automakers are aimed at pushing companies to make more cars and other vehicles in […]
December 4, 2018

Visa, Mastercard propose merchants’ tourist card fee cut to end EU probe

Visa and Mastercard have offered to cut merchants’ charges for non-EU credit and debit cards by at least 40 percent to end an EU antitrust investigation, […]
December 4, 2018

Mastercard to incur $650 million fourth-quarter charge for EU antitrust fine

Mastercard will incur a $650 million charge in the fourth quarter of this year because of a substantial fine related to a second EU antitrust investigation, […]
December 4, 2018

Ryanair sidesteps unions by ramping up ultra-low-cost unit

Ryanair is ramping up a new subsidiary with weaker labor rights to better compete in eastern Europe, infuriating staff and unions by bypassing concessions granted during […]
December 4, 2018

OPEC works on deal to cut output, still needs Russia on board

OPEC and its allies are working towards a deal this week to reduce oil output by at least 1.3 million barrels per day, four sources said, […]
December 4, 2018

Mastercard sees EU antitrust cases resolved in first quarter of 2019

Mastercard said on Tuesday it expected a resolution to two EU antitrust investigations in the first quarter of 2019. Powered by WPeMatico
December 4, 2018

GM moves to challenge Ford in U.S. commercial fleet sales

General Motors Co is intensifying its attack on rival Ford Motor Co’s lead in sales to U.S. commercial fleets to prop up profit margins amid weakening […]
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