Business & Finance News
BERLIN/FRANKFURT (Reuters) – A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.
BERLIN (Reuters) – There are no signs of a de-escalation in the trade dispute between Europe and the United States, German Finance Minister Olaf Scholz said in a Reuters interview published on Thursday, adding the EU’s response to any U.S. tariffs must be strong.
(Reuters) – Unilever’s outgoing veteran chief executive, Paul Polman, may stay long enough to see the company through to its 2020 targets and would prefer an internal candidate as his replacement, brokerage Bernstein said.
LONDON (Reuters) – World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome to form a government and data from China pointed to its giant economy performing well.
TOKYO (Reuters) – Japan Tobacco Inc is set to slash prices on its heated tobacco products early next week after a similar move by bigger rival Philip Morris International Inc , signaling increased competition in Japan’s nascent market for alternative cigarettes.
TOKYO (Reuters) – Sony Corp’s new chief executive is embracing entertainment content, but for now appears to be steering clear of direct competition with tech giants such as Apple Inc and Netflix Inc .
BERLIN (Reuters) – German magazine Wirtschaftswoche said U.S. President Donald Trump aimed to push German carmakers out of the United States, and that he told French President Emmanuel Macron he wanted to stop Mercedes-Benz from cruising through New York.
WASHINGTON/PARIS (Reuters) – Washington will announce plans to slap tariffs on EU steel and aluminum imports as early as Thursday morning, sources said, while the U.S. commerce secretary said any escalation of their trade dispute would depend on the bloc’s reaction.
DONGYING, China (Reuters) – ExxonMobil Corp’s global oil marketing team stormed into China this week hoping to elbow aside rivals and gain access to the nation’s “teapot” refining market, executives told Reuters.
BERLIN (Reuters) – German magazine Wirtschaftswoche reported on Thursday that U.S. President Trump told French President Emmanuel Macron last month he would block German luxury carmakers from the U.S. market.
LONDON (Reuters) – The United States is deeply concerned that the new European Union privacy guidelines will change how companies do business, Commerce Secretary Wilbur Ross said, adding that the regulation should be implemented in a way to minimize barriers to trade.
PARIS (Reuters) – Washington does not want a trade war with the European Union, but whether there is an escalation or not will depend on the EU, U.S. Commerce Secretary Wilbur Ross said in an interview published by daily Le Figaro on Thursday.
RANCHO PALOS VERDES, Calif. (Reuters) – Uber Technologies Inc [UBER.UL] is talking with Alphabet Inc’s autonomous driving unit Waymo about using its technology on Uber’s ride-hailing app, Uber Chief Executive Dara Khosrowshahi said on Wednesday, signaling a possible thaw in relations between the firms.
RIYADH (Reuters) – Saudi Arabia’s crown prince wants to build a mega-city with the latest robotics under his grand plan to reform the kingdom.
TOKYO (Reuters) – Asian stocks rebounded from a two-month trough on Thursday and the euro enjoyed a respite after sinking to its lowest in 10 months as the political turmoil in Italy that roiled global financial markets showed signs of easing.
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