March 2, 2019

German carmakers to invest 60 billion euros in electric cars and automation: VDA

Germany’s car industry is to invest nearly 60 billion euros ($68 billion) over the next three years on electric cars and automated driving, the head of […]
March 2, 2019

Tesla’s store-shuttering strategy may pull the rug out of solar

Tesla Inc’s sudden decision to shutter the bulk of its stores around the world raises a red flag over the future of its solar branch, a […]
March 2, 2019

Trump asks China to lift tariffs on U.S. farm products

President Donald Trump said he had asked China to immediately remove all tariffs on U.S. agricultural products because trade talks were progressing well. Powered by WPeMatico
March 1, 2019

Blackstone CEO Schwarzman pockets at least $568 million in 2018: filing

Blackstone Group LP Chief Executive Stephen Schwarzman pocketed at least $567.8 million in 2018 dividends and compensation, making him yet again the private equity industry’s highest […]
March 1, 2019

Trump says he’s asked China to lift tariffs on U.S. farm products

President Donald Trump said he has asked China to immediately remove all tariffs on U.S. agricultural products because trade talks are progressing well and he did […]
March 1, 2019

Cultural clash overshadowing Barrick’s Newmont bid

Conflicting cultures and management styles are overshadowing Barrick Gold Corp’s $18 billion bid for rival Newmont Mining Corp, becoming factors just as important to the deal’s […]
March 1, 2019

U.S. companies adapt to ‘endless’ China tariffs

U.S. manufacturers are accelerating their shift out of China, coming to terms with a new reality: the Trump administration’s tariffs will not go away any time […]
March 1, 2019

U.S. Trade Representative issues notice on delay of China tariff increase

The United States Trade Representative’s office (USTR) has released language to delay a scheduled hike in tariffs on $200 billion worth of Chinese goods, due to […]
March 1, 2019

Wall Street rises as trade optimism counters weak data

The S&P 500 and the Dow Jones Industrial Average snapped a three-day run of losses on Friday as optimism about the prospects for a U.S.-China trade […]
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