Oil falls due to caution over first phase of U.S.-China trade deal
Oil prices fell more than 2% on Monday as scant details about the first phase of a trade deal between the United States and China undercut optimism over a U.S.-Sino thaw that had helped lift crude markets by 2% at the end of last week.
WTO clears U.S. to target EU goods with tariffs over Airbus
The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after an arbitrator’s decision over subsidies to planemaker Airbus .
Global stocks slip amid lack of detail on trade deal
A global index of stock markets slipped on Monday as signs of progress in the China-U.S. trade dispute drew mixed a reaction from investors, with some cautioning over a lack of detail in the initial stages of the agreement.
Freenet still rejects Sunrise deal despite Liberty Global offer
Freenet still opposes Sunrise’s 6.3 billion Swiss franc ($6.32 billion) deal to buy Liberty Global’s Swiss business, despite a new offer from the American seller to take part in the acquisition.
Founder of Britain’s Superdry becomes permanent CEO
Julian Dunkerton, the founder of British fashion group Superdry , has become the firm’s permanent chief executive after he won an acrimonious battle for control in April, it said on Monday.
Trump’s hailing of $50 billion in Chinese farm purchases seen as ‘meaningless’
China is still a long way from forking out $50 billion for farm goods from the United States, agriculture industry analysts said on Monday, cautioning that getting there is contingent on removing substantial technical and political hurdles.
WTO authorizes U.S. to target EU goods with tariffs over Airbus
The World Trade Organization (WTO) formally authorized the United States on Monday to impose tariffs on up to $7.5 billion of imports of EU goods after a decision earlier this month by a WTO arbitrator over subsidies to planemaker Airbus .
Oil prices down as U.S.-China trade deal has no outcome
Oil prices eased on Monday as scant details on the first phase of a trade deal between the United States and China undercut last week’s optimism over a U.S.-Sino thaw that helped to lift crude markets by 2% at the end of last week.
Emirates president says he does not expect to take any Boeing 777x in 2020
Emirates doubts it will receive any of the 115 Boeing 777-9s it has ordered next year, its president said on Monday, as the U.S. planemaker grapples with challenges in building the jet.
Volkswagen CEO says electric car shift won’t hurt margins: paper
Volkswagen does not expect the shift in production toward electric cars aimed at averting billions of euros in European pollution fines to hurt its profit margins, Chief Executive Herbert Diess said in a newspaper report on Monday.
