Wall Street rises as tech, energy gains dull trade war jitters
U.S. stocks rose on Tuesday, boosted by energy companies and technology stocks, including Apple, although there were lingering concerns about the U.S. trade war with China.
Cadbury owner Mondelez builds Brexit chocolate stash
Cadbury owner Mondelez International is stockpiling ingredients, chocolates and biscuits in Britain to avoid interruptions to business in the event of a hard Brexit.
Tesla to drop some color options for cars to simplify production
Tesla Inc will eliminate some color options for its electric cars to streamline production, Chief Executive Officer Elon Musk tweeted on Tuesday, as the company intensifies its efforts to ramp up production.
U.S. to probe India’s Mahindra following Fiat Chrysler complaint
The U.S. International Trade Commission on Tuesday said it would open an patent-related investigation into India-based Mahindra and Mahindra Ltd and its U.S. unit following a complaint lodged by Fiat Chrysler Automobiles NV’s Michigan-based U.S. unit….
Canada’s Freeland says U.S. NAFTA talks still constructive, productive
Canadian Foreign Minister Chrystia Freeland said on Tuesday that discussions with the United States about forging a new North American Free Trade Agreement were still constructive, so the two sides agreed to meet again for further negotiations.
U.S.-China trade dispute weighs on equity markets
A broad index of world stock markets edged lower on Tuesday as it struggled to maintain momentum amid lingering concerns over a trade dispute between Washington and Beijing.
China seeks WTO backing for $7 billion sanctions on U.S. over dumping duties
China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion a year in sanctions on the United States in retaliation for Washington’s non-compliance with a ruling in a dispute over U.S. dumping duties.
Former Volkswagen boss dragged feet on ‘dieselgate’: judge
Former Volkswagen boss Martin Winterkorn was slow to address emissions test cheating that led to huge U.S. fines, a judge hearing a damages case brought by investors against the German carmaker said on Tuesday.
Ericsson inks $3.5 billion 5G deal with T-Mobile US
Mobile telecom gear maker Ericsson said on Tuesday it had signed a $3.5 billion multi-year deal to support T-Mobile US’ 5G network deployment, the biggest 5G order that Ericsson has announced.
Unilever has plan B if Dutch retain dividend tax
Unilever has a plan to avoid unequal taxation for shareholders in countries such as Britain if the Dutch government fails to scrap its 15 percent withholding tax on dividends as planned or delays doing so.
