Trump says he doesn’t think China is ‘stepping up’ in trade talks
U.S. President Donald Trump said on Wednesday he has not made a trade deal with China yet because Beijing is not “stepping up” in negotiations.
Exclusive: LVMH gets access to Tiffany’s books after it raises offer – sources
French luxury group LVMH has persuaded U.S. jewelry chain Tiffany & Co to provide it with confidential due diligence after it raised its bid to close to $16 billion, people familiar with the matter said on Wednesday.
Trump says looking at whether Apple should be exempt from China tariffs
U.S. President Donald Trump said on Wednesday he was considering whether to exempt Apple Inc from tariffs on Chinese imports.
Fed shows little appetite for bold policy change sought by Trump
As U.S. Federal Reserve officials hone their monetary policy playbook in preparation for the next economic downturn, it appears they will eschew more controversial approaches tried by other global central banks, including one that President Donald Trum…
Chipmaker Intel says supply remains tight in PC business; shares slip
Intel Corp said on Wednesday it has not been able to keep up with the increasing demand for CPUs and said supply remained “extremely tight” in its personal computer business.
Up to Westpac to weigh CEO’s future amid money-laundering scandal, Australian PM says
Prime Minister Scott Morrison said on Thursday it was up to the board of Westpac Banking Corp to decide whether Chief Executive Brian Hartzer should resign in the wake of Australia’s biggest money laundering scandal.
GM sues Fiat Chrysler, alleging union bribes cost it billions
General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, alleging that its rival bribed United Auto Workers (UAW) union officials over many years to corrupt the bargaining process and gain advantages, costing GM…
White House handling of U.S.-Japan trade deal angers Democrats
House Democrats on Wednesday blasted the Trump administration for not consulting sufficiently with Congress while negotiating a mini trade deal with Japan, failing to provide details about it and refusing to testify at a congressional hearing.
PayPal to buy rewards platform Honey Science for $4 billion
Payment processor PayPal Holdings Inc said on Wednesday it would buy privately held shopping and rewards platform Honey Science Corp for about $4 billion.
Halkbank seeks to challenge U.S. jurisdiction before entering plea to charges
Turkey’s state-owned Halkbank , which U.S. prosecutors have criminally charged with helping Iran evade sanctions, said it should be able to challenge whether U.S. courts can hear the case at all before it entered a formal plea, according to a court fil…