Hyundai unveils first Genesis SUV in renewed overseas premium push
South Korea’s Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque’s expansion in overseas markets.
Ghosn says French envoy told him Nissan was turning against him
Former Nissan chairman Carlos Ghosn, speaking in Beirut after his dramatic escape from Japanese justice, said on Tuesday that the French ambassador had warned him shortly after his arrest that his own company was plotting against him.
Stocks slip ahead of U.S.-China trade deal signing
Stocks slipped in Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now.
Malaysia Airlines suspends taking delivery of Boeing 737 MAX jets due to grounding
Malaysia Airlines said on Wednesday it has suspended taking delivery of 25 Boeing Co 737 MAX jets, citing the plane’s delayed return to service since it was grounded last year following two fatal crashes.
ValueAct’s Ubben cheers BlackRock’s new stance on climate change
Investor Jeffrey Ubben, already betting there is money to be made from coaxing corporations into being better citizens, gained an ally on Tuesday when BlackRock Inc chief Laurence Fink told companies to tackle climate change or face his wrath.
Documents to show U.S.-China trade deal fully enforceable: Mnuchin
Documents to be released Wednesday will show skeptics that a Phase 1 U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said Tuesday.
Oil prices slip on concerns U.S.-China trade deal may not boost demand
Oil prices slipped on Wednesday on concerns that the pending Phase 1 trade deal between the United States and China, the world’s biggest crude users, may not lead to more fuel demand as the U.S. intends to keep tariffs on Chinese goods in place.
Stocks tread water ahead of signing of initial U.S.-China trade deal
Stocks were steady in early Asian trade on Wednesday as investors awaited the signing of an initial U.S.-China trade deal, with sentiment somewhat dented by comments from the U.S. Treasury Secretary that tariffs would remain in place for now.
U.S. to maintain tariffs on Chinese goods until Phase 2 deal: Mnuchin
The United States will maintain tariffs on Chinese goods until the completion of a second phase of a U.S.-China trade agreement, U.S. Treasury Secretary Steven Mnuchin said on Tuesday, a day before the two sides are to sign an interim deal.
U.S.-China trade deal fully enforceable, documents to be released Wednesday: Mnuchin
The first phase of a U.S.-China trade agreement will be fully enforceable, including a pledge by China to refrain from manipulating its currency, U.S. Treasury Secretary Steven Mnuchin said on Tuesday.
