Trump to announce new China tariffs as early as Monday: WSJ
U.S. President Donald Trump plans to announce new tariffs of about $200 billion on Chinese imports as early as Monday, the Wall Street Journal reported on Saturday.
Credit Suisse CEO targets annual profit of 5-6 billion Swiss francs: newspaper
Credit Suisse is aiming for an annual profit of 5 to 6 billion Swiss francs for the next two years as the bank puts its problems behind it, Chief Executive Tidjane Thiam told Swiss newspaper NZZ am Sonntag in an interview to be published on Sunday.
Iran says Saudi Arabia and Russia have taken oil market ‘hostage’: SHANA
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as U.S. President Donald Trump seeks to impose fresh sanctions on Iranian oil sales.
Campbell, Third Point urge shareholders to vote for two different boards
Campbell Soup Co and hedge fund Third Point LLC on Friday filed preliminary proxy materials urging the food company’s shareholders to vote in favor of two entirely different slates of board nominees.
Brazil space station open for small satellite business
Brazil is ready to launch small commercial rockets from its space base near the equator as soon as it agrees to safeguard U.S. technology that is dominant in the industry, the Brazilian Air Force officer managing the space program said on Friday.
Lockheed wins contract for U.S. Air Force GPS satellites
The U.S. Air Force said on Friday it had chosen Lockheed Martin to build 22 next-generation Global Positioning System satellites worth up to $7.2 billion, part of a major effort to modernize the GPS constellation of satellites.
Third Point urges Campbell shareholders to vote for its nominees
Activist investor Daniel Loeb’s Third Point LLC on Friday urged Campbell Soup Co’s shareholders to vote in favor of the hedge fund’s nominees.
Trump readies tariffs on $200 billion more Chinese goods despite talks: source
U.S. President Donald Trump has directed aides to proceed with tariffs on about another $200 billion of Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China, a source familiar with the matter said on Fri…
Volvo Cars seeks U.S. tariff exemption for Chinese-made SUV
Volvo Cars has asked the Trump administration to exempt the company’s Chinese-made mid-size XC60 SUV from new 25 percent tariffs, the latest automaker to seek relief from new levies on imports from China.
Wall Street flat as looming tariffs offset gains in financials
U.S. stocks ended little changed on Friday as financials gained with bond yields, while news that President Donald Trump instructed aides to proceed with tariffs on about $200 billion more of Chinese products limited gains.
