Trump warns China not to retaliate against tariff hike
U.S. President Donald Trump on Monday warned China not to retaliate against a hike in tariffs he imposed last week and said that the nation “will be hurt very badly if you don’t make a deal.”
Exclusive: Impossible Foods raises $300 million with investors eager for bite of meatless burgers
Impossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it has raised $300 million in the latest round of funding ahead of a possible initial public offering.
Exclusive: Amazon rolls out machines that pack orders and replace jobs
Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders.
Chinese group to delay bailout funding for Apple supplier Japan Display
A Chinese-Taiwanese group is delaying an up to 80 billion yen ($729.33 million) investment planned as part of a rescue deal for Apple Inc supplier Japan Display as it wants to reassess the target’s prospects, the Japanese firm said.
BlackRock pullout makes state role in Carige rescue more plausible: Moody’s
The decision of U.S. asset manager BlackRock to pull out of the rescue of Italian troubled bank Carige makes state intervention more plausible, Moody’s Investors Service said on Monday.
TV networks emerge as obstacles on YouTube’s hunt for ads
Three years ago, the beginning of the end of the U.S. television business looked certain when one of the largest ad buying agencies vowed to move a big chunk of its purchases to YouTube from TV budgets.
Novartis vows to fight U.S. price-fixing claims against Sandoz unit
Novartis on Monday said claims of price fixing against its Sandoz generics unit amid a U.S. probe of 20 drugmakers are without merit, with the Swiss company vowing to fight allegations in a lawsuit filed last week.
China says will ‘never surrender’ as U.S. trade row heats up
China will never surrender to external pressure, the government said on Monday, though stopped short of announcing how Beijing will hit back after Washington renewed its threat to impose tariffs on all Chinese imports in an escalating trade dispute.
Germany liaising with EU on U.S. car tariffs, won’t speculate on U.S. timing: ministry
Germany is liaising closely with the European Union on a U.S. threat to impose higher car tariffs, the Economy Ministry said on Monday, adding that the German government would not speculate about the timing of the U.S. decision.
U.S.-China trade setback prolongs the global equities slide
Global equities fell on Monday after their worst week of 2019, as hopes of an imminent U.S.-China trade deal were crushed and neither side showed a willingness to budge, raising fears of a fresh round of tit-for-tat tariffs.
