The European Union would retaliate with extra duties on 35 billion euros ($39.1 billion) worth of U.S. goods if Washington went ahead with tariffs on EU cars, the bloc’s trade chief said on Tuesday.
U.S. stocks opened higher on Tuesday, lifted by upbeat earnings from blue-chip companies including Coca-Cola and United Technologies, that soothed concerns over the pace of economic growth.
A speeding autos sector and hopes for even lower borrowing costs buoyed world stocks on Tuesday, while a brief sterling rally proved short-lived as hard-Brexit advocate Boris Johnson was confirmed as Britain’s new prime minister.
U.S. telecommunications companies are pushing the Trump administration to move quickly on applications seeking exemptions to Huawei’s blacklisting, White House economic adviser Larry Kudlow said in a Fox News interview on Tuesday.
Wall Street was set to open higher on Tuesday lifted by upbeat earnings from blue-chip companies including Coca-Cola and United Technologies, that soothed concerns over the pace of economic growth.
Toymaker Hasbro Inc beat estimates for quarterly results on Tuesday, boosted by higher demand for action toys following the success of “Avengers: Endgame” and Magic: The Gathering collectible card game.
Toymaker Hasbro Inc said on Tuesday it would raise product prices if the United States imposes additional tariffs on Chinese imports.
Harley-Davidson Inc on Tuesday trimmed the forecast for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by higher tariff costs as well as weak demand in the United States.
United Technologies Corp reported better-than-expected quarterly earnings and raised its full-year sales and profit forecasts on Tuesday, driven by an increase in demand for aircraft parts and spares.
Drugmaker Biogen Inc beat analysts’ estimates for quarterly profit and lifted its 2019 earnings forecast on Tuesday, driven by higher sales of its top-selling multiple sclerosis therapy Tecfidera.
Lockheed Martin Corp on Tuesday reported a better-than-expected quarterly profit and raised its 2019 profit forecast for the second time in three months, helped by increased demand for its stealth F-35 combat jets and missiles.
Lockheed Martin Corp reported a 22% rise in quarterly profit on Tuesday and raised its 2019 profit forecast for the second time this year, helped by increased demand for its F-35 combat jets.
Harley-Davidson Inc on Tuesday trimmed guidance for shipments of its motorcycles in 2019 after worldwide sales in the second quarter slumped, hurt by higher tariff costs as well as weak demand in the United States.
Chinese e-commerce giant Alibaba Group Holdings Ltd will now allow small businesses in the United States to sell on Alibaba.com, the company said on Tuesday, an effort to tap into the business-to-business e-commerce market and fend off fierce competition from rivals like Amazon.com Inc .
U.S. stock index futures inched higher on Tuesday lifted by a batch of largely upbeat earnings reports from companies including Coca-Cola and United Technologies, that soothed concerns over the pace of economic growth.
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