Britain disappointed at U.S. tariff plans: PM Johnson spokesman
Britain is disappointed by U.S. government’s plans to slap tariffs on European-made Airbus planes and duties on Scotch whiskies, Prime Minister Boris Johnson’s spokesman said.
PepsiCo’s advertising blitz drives profit beat, solid forecast
PepsiCo Inc beat third-quarter profit estimates and forecast upbeat revenue growth for 2019 on Thursday, as aggressive advertising and a focus on healthier products spurred demand for its beverages and snacks in North America.
Wall Street eyes higher open after sharp fall; service sector data awaited
Wall Street’s main indexes were set for a higher open on Thursday, after losing 3% in the past two sessions on fears that the domestic economy was heading toward a recession.
U.S. tariffs grate on Italy’s Parmesan cheesemakers
U.S. consumers will pay around $5 a kilogram more for Italian Parmesan cheese because of duties announced by Washington on a range of European goods, a cheesemaking consortium said on Thursday, complaining it was set to take an unfair hit in the trade …
Scotland says U.S. tariff move shows UK’s Brexit pipe dream
The Scottish government said on Thursday that the imposition of U.S. tariffs on various goods including Scottish whisky indicated that the United Kingdom could not offset the damage from Brexit by striking a trade deal with U.S. President Donald Trump….
Factbox: Planes, cheese, whisky and wine on U.S. tariff target list
The World Trade Organization opened the door on Wednesday for the United States to impose tariffs on $7.5 billion European goods over subsidies for Airbus .
Uber makes JFK airport helicopter taxis available to all users
Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.
Court strikes down ruling forcing Volkswagen to pay Czech customers damages: report
The Prague City Court ruled on Thursday to invalidate an order for Volkswagen to pay Czech customers more than 500 million crowns ($21.27 million) in damages for the Dieselgate affair, news website www.idnes.cz reported.
U.S. skies still bright for Main Street banks even as Wall Street frets
The view from Wall Street may be all trade wars, tariffs and uncertainty these days, but ask a Main Street banker and things are pretty darn good.
U.S. tariffs to hit 500 million euros of Italian food exports: farmers group
U.S. tariffs on European Union products will hit around 500 million euros ($547.40 million) of Italian agricultural products per year, farmers’ association Coldiretti said on Thursday.