July 26, 2018

Turning from China, Mnuchin says U.S. focused on EU pact

U.S. trade officials will immediately focus on resolving steel and aluminum tariff issues with the European Union, while a broader trade agreement between the parties likely […]
July 26, 2018

Facebook’s plunge hits Nasdaq; easing trade worries lift Dow

The Nasdaq Composite fell on Thursday as Facebook led a selloff in technology stocks, but the Dow gained as fears of a transatlantic trade war eased […]
July 26, 2018

Qualcomm ends $44 billion NXP bid after failing to win China approval

Qualcomm Inc walked away from a $44 billion deal to buy NXP Semiconductors after failing to secure Chinese regulatory approval, becoming a high profile victim of […]
July 26, 2018

U.S. Treasury chief: ‘Disappointed’ Qualcomm deal not ok’d: CNBC

U.S. Treasury Secretary Steven Mnuchin on Thursday said he was very disappointed over Qualcomm Inc’s failed bid to buy NXP Semiconductors NV after China did not […]
July 26, 2018

Retailers set sights on Facebook, Google ad revenue

People with hay fever hate dust. That was the premise of a marketing drive launched by British vacuum cleaner maker Dyson with U.S. retailer Target Corp. […]
July 26, 2018

Qualcomm’s $44 billion NXP offer deadline passes, no word from China

The deadline for Qualcomm Inc to buy NXP Semiconductors passed at midnight U.S. eastern time without any word on Chinese regulatory approval, likely shutting the door […]
July 26, 2018

Trump relents on EU car tariffs, as U.S.-China fight derails Qualcomm deal

In what the EU chief called a “major concession,” U.S. President Donald Trump agreed on Wednesday to refrain from imposing car tariffs while the two sides […]
July 26, 2018

German industry warns U.S. auto tariffs not completely off table yet

A top German industry group gave a cautious welcome to solutions proposed by U.S. President Donald Trump and European Commission President Jean-Claude Juncker to avert a […]
July 26, 2018

Asian stocks creep higher, but weak growth worry caps gains

Asian stocks inched higher on Thursday as the United States and Europe agreed to negotiations to ease barriers on trade, but ongoing concerns about the outlook […]
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