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Home2018

Year: 2018

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Business News

Tribune Media terminates deal to be bought by Sinclair

August 9, 2018 admin Comments Off on Tribune Media terminates deal to be bought by Sinclair

Tribune Media Co has terminated its $3.9 billion deal to be bought by Sinclair Broadcast Group , the company said on Thursday, after regulators objected to the acquisition that had received support from U.S. President Donald Trump.

…read more […]

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Business News

Honda recalls another 69,000 vehicles in China

August 9, 2018 admin Comments Off on Honda recalls another 69,000 vehicles in China

Honda Motor Co. Ltd will recall 69,090 UR-V sport utility vehicles (SUVs) in China, market regulators said on Thursday, a result of a cold-climate engine problem that has already forced the recall of hundreds of thousands of vehicles.

…read more […]

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Business News

WTO outlook indicator shows global trade losing momentum in third quarter

August 9, 2018 admin Comments Off on WTO outlook indicator shows global trade losing momentum in third quarter

Global trade in goods is likely to lose momentum in the third quarter, with growth just above trend, as trade tensions slow export orders and automobile production and sales, the World Trade Organization said on Thursday.

…read more […]

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Factbox: China tariffs on revised list of $16 billion U.S. goods

August 9, 2018 admin Comments Off on Factbox: China tariffs on revised list of $16 billion U.S. goods

China said on Wednesday that it is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and metals to autos and medical equipment, as the world’s largest economies escalated their trade dispute.

…read more […]

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Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

August 9, 2018 admin Comments Off on Europe’s stocks wilt; U.S. sanctions slam Russia’s ruble

European stock markets struggled on Thursday with trade war worries, Russia’s ruble tumbled after the United States imposed fresh sanctions on the country and Turkey’s lira dropped to a new low.

…read more […]

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China stock rally steadies nerves, Russian ruble hammered

August 9, 2018 admin Comments Off on China stock rally steadies nerves, Russian ruble hammered

Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia’s ruble tumbled as the United States slapped fresh sanctions on the country.

…read more […]

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Business News

Mazda, Suzuki, Yamaha Motor cheated on fuel economy, emissions testing: Japan government

August 9, 2018 admin Comments Off on Mazda, Suzuki, Yamaha Motor cheated on fuel economy, emissions testing: Japan government

Mazda Motor Corp, Suzuki Motor Corp and Yamaha Motor Co improperly tested vehicles for fuel economy and emissions, the Japanese government said on Thursday, in the latest cases of data falsifications by the nation’s manufacturers.

…read more […]

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Apple’s mettle in India tested in squabble over anti-spam app

August 9, 2018 admin Comments Off on Apple’s mettle in India tested in squabble over anti-spam app

In India, the world’s second-biggest smartphone market, Apple Inc’s normally deft management of government relations is being put to a fresh high-stakes test.

…read more […]

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Business News

China stock rally steadies nerves, Russian rouble hammered

August 9, 2018 admin Comments Off on China stock rally steadies nerves, Russian rouble hammered

Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia’s rouble tumbled as the United States slapped fresh sanctions on the country.

…read more […]

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Business News

GM squeezes pounds and pennies to attack Ford’s pickup profit machine

August 9, 2018 admin Comments Off on GM squeezes pounds and pennies to attack Ford’s pickup profit machine

When General Motors Co engineers were developing the 2019 Chevrolet Silverado and GMC Sierra pickup trucks, some of them joined public tours of Ford Motor Co’s Dearborn, Michigan factory to watch aluminum-bodied F-series trucks go down the assembly line.

…read more […]

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Musk’s Tesla buyout plan could test Wall Street’s nerves

August 9, 2018 admin Comments Off on Musk’s Tesla buyout plan could test Wall Street’s nerves

A leveraged buyout of electric carmaker Tesla could be an ominous sign of market exuberance, but investors may need more justification to run for the exits.

…read more […]

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Perrigo board okays separation of prescription pharma business

August 9, 2018 admin Comments Off on Perrigo board okays separation of prescription pharma business

Perrigo Company Plc said on Thursday its board approved a plan to separate its Prescription Pharmaceuticals (Rx) business after the generic drugmaker completed a review of its strategic portfolio.

…read more […]

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Hungry for growth, food makers seek new flavor of CEO

August 9, 2018 admin Comments Off on Hungry for growth, food makers seek new flavor of CEO

PepsiCo Inc’s incoming chief executive Ramon Laguarta is the latest of a new generation of leaders tasked with reigniting growth at the world’s best-known food and drink brands as they fight back against media-savvy independent rivals.

…read more […]

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Aldi takes on U.S. rivals with scores of new products

August 9, 2018 admin Comments Off on Aldi takes on U.S. rivals with scores of new products

German-owned discount supermarket Aldi Inc is rolling out scores of new products in the United States, it said on Thursday, in an aggressive push to expand in the country even as rivals are struggling in a drawn-out price war.

…read more […]

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Business News

China stock rally helps steady nerves, Russian ruble skids

August 9, 2018 admin Comments Off on China stock rally helps steady nerves, Russian ruble skids

Asian share markets found support on Thursday as a rally in Chinese stocks helped offset the latest escalation in the Sino-U.S. trade war, while Russia’s rouble tumbled as the United States slapped fresh sanctions on the country.

…read more […]

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