U.S. President Donald Trump insisted on Tuesday that trade talks with China have not collapsed and called the widening U.S.-China tariff war “a little squabble,” even as his administration readies 25% duties on all remaining Chinese imports.
OPEC said on Tuesday that world demand for its oil would be higher than expected this year as supply growth from rivals including U.S. shale producers slows, pointing to a tighter market if the exporter group refrains from raising output.
U.S. stock indexes rebounded on Tuesday from one of their worst selloffs in 2019, as investors saw value in technology stocks that took a hit on Monday from heightened trade tensions between the United States and China.
Bitcoin hit its highest level in 10 months on Tuesday, raising hopes among cryptocurrency enthusiasts of greater mainstream acceptance as an escalating U.S.-China trade war roiled global markets, but others urged investor caution.
Bayer shares continued to fall on Tuesday after a California jury on Monday awarded more than $2 billion in damages to a couple who alleged that the company’s glyphosate-based weed killer Roundup caused their cancers.
Huawei is willing to sign no-spy agreements with governments, including Britain, the Chinese telco company’s chairman said on Tuesday, amid U.S. pressure on European countries to shun the firm over espionage concerns.
ConocoPhillips Chief Executive Officer Ryan Lance on Tuesday repeated a pledge to restrain spending, saying the U.S. oil producer would not be drawn into pricey mergers and acquisitions.
Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer.
French retailer Carrefour and U.S. waste recycling company TerraCycle launched on Tuesday the test for their ‘Loop’ initiative which they hope will tackle the problems of plastic waste threatening to destroy the environment.
Sweden’s VOI Technology plans to put a new fleet of thousands of electric scooters on European streets this summer to fend off competition in an increasingly crowded market.
Bayer shares fell by as much as 5 percent on Tuesday after a California couple were awarded more than $2 billion in the largest U.S. jury penalty over allegations its Roundup weed killer causes cancer.
Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp that removes an obstacle in the Mouse House’s quest to take on rivals including Netflix Inc in the global streaming video war.
Alphabet Inc’s Google will begin featuring ads on the homepage of its mobile website and smartphone app later this year, it said on Tuesday, giving the search engine a huge new supply of ad slots to boost revenue.
Boeing handed over 24 percent fewer jet airplanes in the first four months of 2019 compared with the same period a year earlier as the grounding of its top-selling 737 MAX aircraft halted deliveries for a second month.
Global stocks rebounded on Tuesday from two-month lows as investors took heart from comments of U.S. and Chinese officials a day after a spike in tensions between the world’s two largest economies rattled financial markets.
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