How U.S. bike companies are steering around Trump’s China tariffs
(This Feb 26 story corrects data in paragraph 11 that was provided by Kent International comparing wages in China to the United States. Fixes typos in Kent chief executive’s name in paragraph 24.)
Standard Chartered resets growth strategy with cost cutting, divestment plans
Standard Chartered PLC on Tuesday said it would cut $700 million in costs and exit smaller businesses as part of a three-year strategy overhaul aimed at boosting growth and possibly doubling dividend payments.
Oil slips after Trump calls on OPEC to rein in prices
Oil inched down on Tuesday to extend losses of more than 3 percent from the previous session, easing after U.S. President Donald Trump called on OPEC to rein in its efforts to boost prices.
Asian shares slip from five-month highs, pound jumps on Brexit delay hopes
Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal, while the pound advanced on hopes UK Prime Minister Theresa May will delay a Brexit deadline.
U.S. business lobby says most firms favor tariffs while China trade talks underway
A top U.S. business lobby in China said on Tuesday that a majority of its member companies favored the United States retaining tariffs on Chinese goods while Washington and Beijing try to hammer out a deal to end a months-long trade war.
Standard Chartered to cut costs, divest businesses in fresh growth strategy
Standard Chartered PLC on Tuesday said it would cut $700 million in costs and exit smaller businesses, as part of the lender’s new three-year strategy overhaul to boost growth.
SEC seeks contempt charge against Tesla’s Musk, says tweet violates deal
The U.S. Securities and Exchange Commission (SEC) is pursuing a contempt order against Tesla Inc CEO Elon Musk, saying he violated a fraud settlement by tweeting material information without preapproval, sending the firm’s shares down 5 percent.
Oil dips after Trump calls on OPEC to ease high prices
Oil prices slipped on Tuesday, extending losses of more than 3 percent during the previous session, after U.S. President Donald Trump called on OPEC to ease its efforts to boost the market.
Asian shares fall from five-month highs, pound jumps on Brexit delay hopes
Asian shares lost steam on Tuesday after scaling a five-month high as investors waited to see if Washington and Beijing can clinch a trade deal, while the pound advanced on hopes UK Prime Minister Theresa May will delay a Brexit deadline.
Boeing targets global sales of T-X training jet after U.S. contract win: executive
Boeing Co is in talks with potential customers globally, including the Royal Australian Air Force, about ordering the new T-X training jet selected by the U.S. Air Force for a $9.2 billion contract in September, an executive said on Tuesday.
