Business & Finance News
German Chancellor Angela Merkel said on Friday she thought U.S. tariffs on imported cars would be against World Trade Organisation rules and endanger the prosperity of many people.
U.S. President Donald Trump on Friday said he was poised to place tariffs on $500 billion of imported goods from China, threatening in an interview with CNBC to escalate the current trade clash with the Asian nation.
The structure of German submarines-to-lifts conglomerate ThyssenKrupp is a commercial matter, Chancellor Angela Merkel said on Friday.
Boeing Co , the world’s largest planemaker, would be “thrilled” to participate in a new British fighter jet programme, the company’s defence chief said, although she said Britain still needed to clarify details about the project.
The Chinese yuan slid to its lowest in more than a year on Friday, further undermining global sentiment and stoking worries Beijing’s currency management could be the next flash point in a trade dispute with the United States.
Rothschild Bank AG and one of its subsidiaries committed serious violations of anti-moneylaundering rules in relation to 1MDB, the Malaysian sovereign wealth fund, Switzerland’s financial regulator said on Friday.
Asian shares pushed higher on Friday, clawing back earlier losses in volatile trade as China’s stocks recovered sharply and the yuan bounced from a one-year low with market participants suspecting state support for the currency.
SoftBank Group Corp’s Vision Fund is seeking to invest almost $1 billion in SenseTime Group Ltd, a Chinese facial recognition technology developer, Bloomberg reported on Friday.
The Chinese yuan skidded to one-year lows on Friday, unnerving investors in Asian stock markets and stoking concerns Beijing’s currency management could become the next flash point in a fierce trade dispute with the United States.
The latest round of U.S. tariffs on $200 billion of Chinese goods could hit the Apple Watch, health trackers, streaming music speakers and other accessories assembled in China, government rulings on tariffs show.
The Chinese yuan skidded to one-year lows on Friday, shaking up Asian share markets and stoking concerns Beijing’s currency management could become the next flash point in a fierce trade dispute with the United States.
Most Asian stock markets retreated on Friday after China allowed its yuan currency to slide further, stoking concerns Beijing’s currency management could become the next flash point in a fierce trade conflict with the United States.
Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on U.S. goods while U.S. President Donald Trump’s criticism of Federal Reserve policy knocked the dollar.
Japanese companies are increasingly turning to investment banks and public relations firms for advice on dealing with potential approaches by activist investors who are targeting low valuations and cross-shareholdings in the nation.
Microsoft Corp on Thursday posted quarterly profit and revenue that beat analysts’ estimates, as more businesses signed up for its Azure cloud computing services and Office 365 productivity suite.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
