Hundreds of foreign companies attend North Korea trade fair despite sanctions
An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and other foreign vendors taking part despite sanctions pressure.
Big Deutsche Bank investors demand a succession plan for chairman Achleitner: sources
Some major investors in Deutsche Bank are demanding a succession plan for the lender’s chairman, Paul Achleitner, two people with knowledge of the matter said on Tuesday.
China Eastern asks Boeing for compensation over 737 MAX grounding
China Eastern Airlines has formally requested compensation from Boeing Co for the grounding of its 14 737 MAX aircraft and has delayed deliveries of future planes, the company said on Tuesday.
Japan auto lobby dismayed Trump declares some imports security threat
Japan’s automakers’ lobby said on Tuesday it was dismayed by President Donald Trump’s declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces for a possible rise in U.S. tariffs.
Airbus’ programs chief: trade tensions could impact customers
Airbus’ programs chief said trade tensions could impact customers, although the sales chief at the European planemaker said its market remained “quite positive” and less dependent upon economic cycles than before.
China says foreign investors remain enthusiastic despite Trump claim
Foreign investors remained enthusiastic about investing China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that Washington’s tariffs are causing companies to move production out of China.
Huawei believes Europe will keep faith in company: executive
China’s Huawei believes Europe will not follow the United States in blacklisting the company because it has been a partner of European telecoms firms for many years, a top Huawei executive told an Italian newspaper.
Oil up on escalating U.S.-Iran tensions, but trade war worries cap gains
Oil prices rose on Tuesday on escalating U.S.-Iran tensions and amid expectations that producer club OPEC will continue to withhold supply this year.
Asian stocks off four-month lows, but Huawei row weighs
Asian shares won some respite on Tuesday after Washington temporarily eased trade restrictions imposed last week on China’s Huawei, although fears of a further escalation in tensions kept investors on edge.
U.S. garlic growers profit from trade war as most farmers struggle
Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly.
