Oil prices fell on Monday after U.S. President Donald Trump said he would sharply raise tariffs on Chinese goods, risking derailment of trade talks between the world’s two largest economies, which renewed worries about global oil demand.
U.S. stocks posted broad-based declines on Monday, but bounced back from session lows, after President Donald Trump’s surprise threat to raise tariffs on Chinese goods this week, sparking a flight from riskier assets.
Stocks around the world tumbled on Monday and oil prices slumped after U.S. President Donald Trump threatened to raise tariffs on China, triggering an investor exodus from risky assets.
U.S. stocks slumped on Monday, with the blue-chip Dow Jones Industrial Average falling over 350 points, after President Donald Trump shocked investors by threatening to hike tariffs on Chinese goods this week, sparking a flight from riskier assets.
Volkswagen has approached several companies to gauge their appetite for buying MAN Energy Solutions, which makes large diesel engines for ships and power generators, people close to the matter said.
U.S. stocks opened sharply lower on Monday after President Donald Trump, in a surprise move, threatened to hike tariffs on Chinese goods, reigniting fears of a global slowdown and upending a period of relative calm in markets.
Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.”
Tyson Foods Inc said on Monday that quarterly profits beat Wall Street estimates and projected the meat company could reap significant gains from an incurable hog disease spreading across Asia.
IKEA opened its first store in the heart of Paris on Monday, its latest step in developing a new range of shops designed to meet changing customer habits.
Occidental Petroleum Corp said on Monday that its latest bid to take over Anadarko Petroleum Corp was designed to make sure Anadarko’s board considers its offer superior to one from Chevron Corp .
European stocks tumbled to a one-month low and German bond yields slipped below zero on Monday after U.S. President Donald Trump threatened to raise tariffs on China, triggering a global rout in risky assets.
China said on Monday that a delegation was still preparing to go to the United States for trade talks, even as U.S. President Donald Trump dramatically increased pressure on Beijing to reach a deal, saying he would hike tariffs on Chinese goods this week.
Wall Street was set to open sharply lower on Monday after President Donald Trump in a surprising move threatened to hike tariffs on Chinese goods this week, reigniting fears of a global slowdown and shattering a period of relative calm in markets.
U.S. President Donald Trump on Monday slammed China over its trade practices, saying the United States was losing billions to Beijing and vowing to protect American commerce as tension escalated following his weekend threat to hike tariffs.
Warren Buffett said on Monday that a trade war between the United States and China would be “bad for the whole world.”
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