Exclusive: Foxconn eyes sale of $8.8 billion China plant amid trade war woes – sources
Taiwan’s Foxconn is exploring the sale of its new $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.
Toyota trims full-year profit forecast as yen overshadows solid first-quarter
Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.
Toyota trims full-year profit forecast as yen overshadows solid first-quarter
Toyota Motor Corp cut its full-year profit forecast on Friday by nearly 6% on expectations a stronger yen will weigh on its bottom line, overshadowing its best quarterly performance in nearly four years.
Campbell confirms sale of Australian snacks unit Arnott’s to KKR for $2.2 billion
Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott’s and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.
Campbell confirms sale of Australian snacks unit Arnott’s to KKR for $2.2 billion
Campbell Soup Co on Friday confirmed that it signed a deal to sell its Australian snacks unit Arnott’s and some of its international operations to KKR & Co Inc for $2.2 billion as the U.S. company works on reducing debt.
Oil prices rebound after Trump trade tariffs trigger plunge
Oil prices rose more than 2% on Friday, rebounding from their biggest falls in years after U.S. President Donald Trump imposed more tariffs on Chinese imports, intensifying the trade war between the world’s two biggest economies and crude consumers.
Exclusive: Foxconn exploring sale of $8.8 billion display plant in China – sources
Taiwan’s Foxconn is exploring the sale of its upcoming $8.8 billion display panel factory in China, people familiar with the matter told Reuters, as demand for the product wanes amid an intensifying U.S.-China trade war.
Trump hits China with more tariffs, sharply escalating trade dispute
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war between the world’s largest economies and jolting financial markets.
U.S. employment growth seen slowing in July; wage gains steady
U.S. job growth likely slowed in July after outsized gains in the prior month, with wages probably maintaining their moderate pace of increase, which could boost market expectations for another interest rate cut from the Federal Reserve next month.
Senior China diplomat says more U.S. tariffs incorrect way to resolve trade dispute
Threatening more tariffs on Chinese goods was not a correct or constructive way to resolve the U.S.-China trade dispute, senior Chinese diplomat Wang Yi said on Friday after U.S. President Donald Trump said he would slap a 10% tariff on the remaining $…
