Japan denies imposing South Korean trade embargo at WTO
Japan denied imposing a trade embargo on South Korea on Tuesday, after a complicated diplomatic dispute that could disrupt global supplies of chips and smartphones erupted over forced labor in World War Two and banned trade with North Korea.
Oil rises on supply cuts, Mideast tensions; trade worries cap gains
Oil futures rose on Tuesday as Middle East tensions and OPEC supply cuts kept global benchmark Brent crude above $64 a barrel, while gains were limited by the U.S.-China trade dispute that has dragged on the global economy and crimped oil demand.
Wall St drifts lower as trade concerns weigh, big rate cut hopes fade
The S&P 500 and the Dow Industrials edged lower on Tuesday, as investors worried over warnings of a hit to earnings from the U.S.-China trade dispute and reined in hopes of a steep interest rate cut this month.
Boeing set to lose biggest planemaker title as deliveries fall 37%
Boeing Co is set to lose the title of being the world’s biggest planemaker after reporting a 37% drop in deliveries for the first half of the year due to the prolonged grounding of its best-selling MAX jets.
Emissions rules and electric shift to spur car engines M&A
A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave of consolidation in the next two years, industry executives and bankers say.
Richard Branson’s Virgin Galactic to go public by year-end
British billionaire Richard Branson will take Virgin Galactic public by year-end, giving it the much-needed funds to take on Jeff Bezos’ Blue Origin in the race to space.
Exclusive: Germany’s Bayer seeks animal health merger with Elanco – sources
Bayer has approached U.S. drug firm Elanco Animal Health to discuss a possible combination of their pet-health businesses to create an industry giant, three sources familiar with the matter told Reuters.
Wall St. edges lower as trade concerns weigh, big rate cut hopes fade
The S&P 500 and the Dow Industrials were on track to fall for the third straight session on Tuesday, as investors worried over warnings of a hit to earnings from the U.S.-China trade dispute and reined in hopes of a steep interest rate cut this month.
Stocks drop as trade tensions threaten earnings
Stock markets around the world broadly fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and as hopes dwindled over a hefty U.S. interest rate cut this month.
The $280,000 lab-grown burger could be a more palatable $10 in two years
(This July 9 story corrects to change company name to Biotech Foods in paragraph five.)
