Germany’s VDA automotive association welcomed on Thursday an agreement between the EU and the United States to take steps to ease the threat of a transatlantic trade war, saying it offered a real opportunity to avert further tariffs.
Toyota Motor Corp is doubling down on its investment in hydrogen fuel cell vehicles, designing lower-cost, mass-market passenger cars and SUVs and pushing the technology into buses and trucks to build economies of scale.
Mexico’s second-largest bank Grupo Financiero Banorte has laid off some 500 employees from recently acquired Grupo Financiero Interacciones, or about half of the specialist government lender’s workforce, with more job cuts to come, two people with knowledge of the matter said.
China’s commerce ministry declined on Thursday to comment on whether or not Qualcomm Inc’s deal to buy NXP Semiconductors had been approved, after a deadline for approving the deal passed without an announcement, and with Qualcomm having said it would drop its bid for the Dutch firm.
Germany’s BDI industry association welcomed the outcome of talks between U.S. President Donald Trump and European Commission President Jean-Claude Juncker on trade as a sign of de-escalation but added that action must follow the words.
German ministers welcomed an initiative agreed between U.S. President Donald Trump and European Commission President Jean-Claude Juncker to ease the threat of a trade war, with one describing it as a breakthrough and another saying it had won the EU time.
Asian shares inched up n Thursday as the United States and Europe agreed to negotiations to ease barriers on trade, but weakness in China markets underscored persistent worries about the outlook for global growth.
German Foreign Minister Heiko Maas welcomed an initiative agreed between U.S. President Donald Trump and the European Commission President aimed at easing a transatlantic trade war, saying it made a positive result more likely and had won the EU time.
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.
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 launch negotiations to cut other trade barriers, easing the threat of a transatlantic trade war.
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 on a deal embroiled in a bitter U.S.-China spat.
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 for global growth weighed on investor sentiment.
HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share (ADS), raising $1.63 billion in the second-biggest U.S. float by a Chinese firm this year, according to three people familiar with the situation.
Facebook Inc. has racked up plenty of milestones in its pioneering journey. Now the social-media giant is poised to add one it would doubtless rather avoid: the biggest stock-market wipeout in American history. …read more […]
A group of 11 House conservatives on Wednesday introduced articles of impeachment against Deputy Attorney General Rod Rosenstein, the Justice Department official who oversees special counsel Robert Mueller’s Russia investigation. The move comes after months of criticism aimed at the department — and the Russia investigation in particular — from Trump and his Republican allies in Congress. Trump has fumed about Mueller’s probe and repeatedly called it a “witch hunt,” a refrain echoed by some of the lawmakers. …read more […]
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