SHANGHAI (Reuters) – Asian shares fell on Thursday after the U.S. government launched a national security probe into auto imports that could lead to new tariffs, and President Donald Trump’s comments indicated fresh setbacks in U.S.-China trade talks.
BEIJING (Reuters) – China’s Premier Li Keqiang said on Thursday China has always supported a unified and prosperous Europe and that China and Germany uphold free trade.
Blue flames from burning methane are the latest natural phenomena being seen at the eruption of the Kilauea volcano in Hawaii. Nighttime photos released Wednesday by the U.S. Geological Survey show the flames spouting from cracks in the pavement in the Leilani Estates neighborhood where the volcano has been gushing lava on the big island of Hawaii for the past three weeks. The volcano produces methane when hot lava buries and burns plants and trees. …read more […]
SHANGHAI (Reuters) – Japanese retailer Muji has been fined 200,000 yuan (23,445 pounds) in Shanghai for using packaging that lists Taiwan as a country, underscoring China’s growing sensitivity to how companies refer to the self-ruled island.
BEIJING (Reuters) – China’s Commerce Ministry said on Thursday that it had not pledged to cut the country’s trade surplus with the United States by a certain figure, and hopes the United States implements measures promised during trade negotiations as soon as possible.
HONG KONG (Reuters) – Russia’s largest aluminum producer, United Company Rusal Plc , said on Thursday its chief executive and seven board members have quit, and warned it may have problems servicing its debt due to the impact of U.S. sanctions.
A stock that until last week wasn’t covered by a single analyst has rallied 70 percent since May 16 for no apparent reason, at one point generating more turnover than some of Hong Kong’s biggest companies. The sudden gains have made Alibaba Health Information Technology Ltd. — a subsidiary of Chinese megacap Alibaba Group Holding Ltd. — easily the best performing stock on the MSCI Asia Pacific Index this month. Some $135 million worth of shares exchanged hands on May 17, making it the fifth-most traded stock in Hong Kong and surpassing giants including HSBC Holdings Plc, PetroChina …read more […]
CHICAGO (Reuters) – United Airlines executives faced questions about ending its discount for a gun rights group and how it treats its workers at the carrier’s annual shareholders meeting on Wednesday.
WASHINGTON (Reuters) – The Trump administration on Wednesday launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.
SEOUL (Reuters) – Oil prices fell on Thursday, pulled down by expectations that OPEC members could step up production in the face of worries over supply from both Venezuela and Iran.
SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
A hairstylist said a client with the same last name as the Las Vegas shooter spoke in the months before the deadliest mass shooting in modern U.S. history about a concert venue being susceptible to attack, according to documents released by police Wednesday. Las Vegas police released about 2,100 pages of police reports, witness statements and dispatch records after losing court battles to keep them secret. …read more […]
SHANGHAI (Reuters) – Asian shares moved lower on Thursday as investors fretted about new setbacks in U.S.-China trade talks, but negative sentiment was tempered by U.S. Federal Reserve meeting minutes suggesting it would not raise the tempo at which it increases interest rates.
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he asked his commerce secretary to considering opening an investigation into the effect of vehicle imports on national security, a move that could lead to the imposition of tariffs.
NEW YORK (Reuters) – Johnson & Johnson and its talc suppliers on Wednesday were hit with a $21.7 million jury verdict in a lawsuit by a woman who said she developed cancer after being exposed to asbestos in the company’s Baby Powder.
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