June 4, 2019

Auto industry starts counting cost of Trump’s threatened Mexico tariffs

Major automakers are assessing the cost of tariffs that U.S. President Donald Trump has threatened for Mexican imports, both to themselves and their supply chain, with […]
June 4, 2019

FCA-Renault tie-up clears French hurdles before board meeting: sources

Fiat Chrysler has resolved key differences with France over its proposed merger with Renault, three sources told Reuters on Tuesday, as the French carmaker’s board met […]
June 4, 2019

Uber’s IPO underwriters recommend buying, estimate deep losses

The underwriters of Uber Technologies’ initial public offering on Tuesday overwhelmingly recommended the company’s shares, even as they estimated deeper losses than previously expected for the […]
June 4, 2019

Effusive Trump promises Britain a “phenomenal” post-Brexit trade deal

U.S. President Donald Trump on Tuesday promised Britain a “phenomenal” post-Brexit trade deal, dismissed differences over China’s Huawei and glossed over other disagreements as he heaped […]
June 4, 2019

Trump concerned that Brexit is taking a long time, Farage says after meeting

Donald Trump believes in Brexit but is concerned about how long it is taking, Brexit Party leader Nigel Farage said after meeting the U.S. president on […]
June 4, 2019

Stocks jump amid rate-cut hopes, tech shares’ bounce; bond yields rise

Global stock indexes rallied on Tuesday as U.S. tech shares bounced back from the previous day’s selloff and investors weighed the possibility of a U.S. interest […]
June 4, 2019

Brexit Party’s Farage says he had a good meeting with Trump

Nigel Farage, leader of the UK’s Brexit party, said he had had a good meeting with visiting U.S. President Donald Trump on Tuesday. Powered by WPeMatico
June 4, 2019

U.S. manufacturing mired in soft patch as orders, shipments fall

New orders for U.S.-made goods fell in April and shipments dropped by the most in two years, indicating continuing weakness in manufacturing activity that could hurt […]
June 4, 2019

Wall Street rebounds on rate-cut hopes

U.S. stocks rallied on Tuesday, with the S&P 500 on track to erase losses from a two-day selloff, after Federal Reserve Chair Jerome Powell said the […]
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