Business & Finance News
Fiat Chrysler Automobiles (FCA) has challenged Italy’s tax authority which has said the car company had underestimated the value of its U.S. business after it bought Chrysler.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time.
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
Britain is unlikely to cut off ties to the European Union at the end of 2020 without having a free trade deal in place, finance minister Sajid Javid said on Thursday.
BP is increasing its stake in Lightsource BP to 50% from its current 43%, the solar energy developer said in a statement on Thursday.
Tariffs must be cut if China and the United States are to reach an interim agreement on trade, the Asian nation’s commerce ministry said on Thursday, sticking to its stance that some U.S. tariffs must be rolled back for a phase one deal.
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time.
Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a “phase one” deal to end their 17-month trade war, but conflicting messages from U.S. President Donald Trump kept a lid on the advance.
General Motors and South Korea’s LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.
China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
Stock markets in Asia gained on Thursday on hopes that China and the United States may soon seal a preliminary deal to end their 17-month trade war, but conflicting signals from U.S. President Donald Trump kept a lid on investor optimism.
China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program.
The British cave explorer suing Elon Musk testified on Wednesday he felt “branded a pedophile” by the billionaire entrepreneur, despite Musk’s assertion that his “pedo guy” tweet at the heart of the defamation case was not meant to be taken literally.
Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year.
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