Business & Finance News
HONG KONG (Reuters) – China’s HNA Group said it has made co-founder Chen Feng its sole chairman after fellow chairman Wang Jian died this week, moving to calm concerns about leadership amidst the conglomerate’s efforts to slash its massive debt burden.
BEIJING (Reuters) – Ford Motor Co’s China vehicle sales slumped 38 percent in June from a year earlier to 62,057 vehicles, the company said on Friday.
SHANGHAI/TOKYO (Reuters) – Asian stocks bounced back from 9-month lows in volatile trade on Friday after Washington slapped tariffs on Chinese imports, a move many investors fear could be the start of a full-scale trade war between the world’s two largest economies.
LONDON (Reuters) – Airbus on Friday raised its forecast for aircraft demand over the next 20 years and shook up the way it predicts aircraft demand, introducing new categories from ‘Small’ to ‘Extra-Large’ and blurring the traditional boundaries between aircraft types.
LONDON (Reuters) – U.S. satellite group EchoStar said on Friday it was seeking engagement with the board of Inmarsat after the British firm rejected its latest takeover offer worth $3.2 billion to equity holders.
LONDON (Reuters) – AstraZeneca suffered its biggest daily share price drop a year ago after a key cancer drug trial failed amid feverish speculation the chief executive might quit.
BEIJING/WASHINGTON (Reuters) – U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the world’s two biggest economies took a high-stakes turn toward all-out trade conflict.
SHANGHAI/TOKYO (Reuters) – Asian stocks wobbled on Friday, as Washington slapped tariffs on Chinese imports, a move many investors fear could be the start of a full-scale trade war between the world’s two largest economies.
BEIJING/WASHINGTON (Reuters) – U.S. tariffs on $34 billion in Chinese imports took effect as a deadline passed on Friday, and with Beijing having vowed to respond immediately in kind, the two biggest economies were set on a risky path toward a full-blown trade war.
WASHINGTON (Reuters) – U.S. employers likely maintained a brisk pace of hiring in June while increasing wages for workers, which would reinforce expectations of robust economic growth in the second quarter and allow the Federal Reserve to continue raising interest rates.
SHANGHAI/TOKYO (Reuters) – Faltering Chinese markets dented Asian stocks on Friday morning, as the time neared when Washington would impose tariffs on Chinese imports, a move many investors fear would trigger a full-scale trade war between the world’s two largest economies.
HONG KONG (Reuters) – Chinese conglomerate HNA Group said on Friday co-founder Chen Feng will become its sole chairman after Co-Chairman Wang Jian died during a business trip in France this week.
HONG KONG (Reuters) – Chinese conglomerate HNA Group said on Friday co-founder Chen Feng will become its sole chairman after Co-Chairman Wang Jian died during a business trip in France this week.
PARIS (Reuters) – Airbus has failed to break an impasse with AirAsia over the fate of a multi-billion-dollar order seen as key to the future of its A330neo passenger jet, people familiar with the matter said.
BEIJING/WASHINGTON (Reuters) – China’s state media lashed out at U.S. President Donald Trump, accusing the White House of behaving like a “gang of hoodlums” as the world’s two biggest economies headed toward outright trade war on Friday.
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