Some steelworkers who cheered U.S. President Donald Trump’s tariffs on foreign steel last year are now being laid off, an unintended consequence of his America First policy as United States Steel Corp reacts to sagging demand from automakers reeling from higher steel prices.
German carmaker Volkswagen is nearing a decision on building a new plant in Turkey, a board member told reporters in Berlin on Thursday.
Norway does not plan to block China’s Huawei Technologies[HWT.UL] from building the country’s 5G telecoms network, cabinet minister Nikolai Astrup told Reuters.
The Texas attorney general’s office has hired three consultants for a multi-state probe it is leading into Alphabet Inc’s Google, including an economist who worked with some of the firm’s major rivals and a lawyer who is a Microsoft veteran.
China on Thursday criticized the United States for imposing new
Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.
Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to license its 5G mobile technology to a U.S. firm, as it seeks to alleviate security concerns over its products.
When Volkswagen’s Africa boss Thomas Schaefer set out to conquer the continent, he quickly realized he needed more than a flashy new product. He needed a new business model.
A series of cyberattacks on Airbus in the past few months were conducted via the computer systems of the aerospace group’s suppliers and contractors, and security sources suspect a link to China, AFP news agency reported on Thursday.
China’s Foreign Ministry deplored on Thursday sanctions imposed by the United States on Chinese entities and individuals it accuses of knowingly transferring oil from Iran in violation of Washington’s curbs on Tehran.
The United States is imposing new sanctions on certain Chinese entities and people who it accuses of knowingly transferring oil from Iran in violation of Washington’s curbs on Tehran, U.S. Secretary of State Mike Pompeo said on Wednesday.
Britain’s Civil Aviation Authority (CAA) said over 70 flights are scheduled for Thursday to bring back 16,000 people to the country following the collapse of Thomas Cook.
Asian stocks pared gains on Thursday and safe-haven assets rose as optimism for a quick resolution to the U.S.-China trade war faded.
The Swiss anti-trust authority has approved Sunrise Communications’ 6.3 billion Swiss franc ($6.36 billion) takeover of Liberty Global’s UPC business, setting up a showdown between the telecoms company and foes of the deal.
The chairman of the Japan Automobile Manufacturers Association said on Thursday that trade discussions between the United States and Japan were going in the direction of avoiding auto tariffs and that it was good for both countries.
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