July 1, 2019

USTR proposes $4 billion in potential additional tariffs over EU aircraft subsidies

Just days after reaching a truce in the U.S.-China trade war, the U.S. government on Monday ratcheted up pressure on Europe in a long-running dispute over […]
July 1, 2019

Exxon quarterly profit to feel pinch of weaker natural gas, chemical earnings

Exxon Mobil Corp said on Monday lower natural gas and chemical margins in its second quarter would offset improved crude and refining operations, pointing to flat […]
July 1, 2019

Brookfield, GIC to buy Genesee & Wyoming for about $6.4 billion

Canada’s Brookfield Asset Management Inc and Singaporean sovereign wealth fund GIC on Monday agreed to buy U.S. freight railroad owner Genesee & Wyoming Inc for about […]
July 1, 2019

Trump talk of easing Huawei ban lifts suppliers’ shares despite doubts

U.S. President Donald Trump’s decision to allow U.S. firms to sell “high tech” products to Huawei led Asian investors to snap up shares in suppliers to […]
July 1, 2019

U.S.-China trade truce lifts global stocks, gold falls

Global stocks rose and bonds retreated on Monday as the United States and China agreed to restart trade talks at the G20 summit over the weekend, […]
July 1, 2019

U.S. manufacturing stumbles under weight of trade tensions

U.S. manufacturing activity slowed to near a three-year low in June, with a measure of new orders received by factories tumbling, amid growing anxiety over an […]
July 1, 2019

Wall Street rises as trade hopes drive tech gains; S&P at record-high

Wall Street’s main indexes rose on Monday, with the S&P 500 hitting an all-time high, as technology stocks gained on growing optimism around U.S.-China trade talks […]
July 1, 2019

Applied Materials to buy Japan’s Kokusai to bolster memory chip business

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as […]
July 1, 2019

Behind the plunge in China auto sales: chaotic implementation of new emission rules

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up […]
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