Tesla Inc beat expectations for deliveries of its Model 3 sedan in the second quarter, a performance that could ease concerns about demand for the new electric sedan.
Arizona’s governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world’s largest sportswear maker canceled release of a sneaker featuring a colonial-era version of the American flag, which critics say reflects links to slavery.
U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of the session as enthusiasm over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods.
Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand.
European Union leaders agreed on Tuesday to name France’s Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU’s other top four jobs after marathon talks that have exposed deep divisions in the bloc.
U.S. stocks held near the unchanged mark on Tuesday as optimism over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods, stalling a recent rally.
Weak U.S. and euro zone manufacturing data and Washington’s threat to impose additional tariffs on European goods weighed on global stock markets on Tuesday, cooling a rally that pushed U.S. stocks to near-record highs the previous day.
The European Union said on Tuesday it was open to talks with Washington in a dispute over aircraft subsidies after the United States threatened an additional $4 bln in tariffs on EU goods including olives, Italian cheese and Scotch whisky.
An indigenous-led group plans to offer to buy a majority stake in the Trans Mountain oil pipeline from the Canadian government this week or next, a deal that could help Prime Minister Justin Trudeau mitigate election-year criticism from environmentalists.
The Scottish government said on Tuesday it is “deeply concerned” about Scotch whisky being implicated in a long-running trade dispute between the United States and the European Union.
Gucci, the luxury brand that powers most of parent Kering’s profits, made its first steps in high-end jewelery on Tuesday with a dedicated store in Paris – part of its bid to expand its reach after a blowout fashion makeover.
European Union leaders agreed on Tuesday to name Frenchwoman Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the other four top jobs in the bloc after tortuous marathon talks exposed their deepening divisions.
Dish Network Corp and T-Mobile US Inc are nearing a deal with the U.S. Department of Justice on a hosting agreement that would push Dish as a new U.S. wireless competitor, CNBC reported on Tuesday, citing sources.
French President Emmanuel Macron sought to break a deadlock over the EU’s top jobs on Tuesday by proposing France’s Christine Lagarde, now head of the International Monetary Fund (IMF), to lead the European Central Bank (ECB), diplomatic sources said.
More than 200 U.S. companies, including Amazon , Alphabet Inc’s Google , and Bank of America , on Tuesday urged the U.S. Supreme Court to rule that federal civil rights law prohibits discrimination against gay and transgender workers.
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