Juncker vows to lift auto tariffs if Trump reneges on agreement
The European Union will respond in kind if U.S. President Donald Trump reneges on a pledge to refrain from imposing car tariffs, European Commission President Jean-Claude Juncker said, as trade tensions between Europe and the United States rose again.
World shares fall for second day as Trump makes fresh trade threats
Global stocks fell for a second day on Friday as a report that U.S. President Donald Trump was preparing to step up a trade war with Beijing dampened risk appetite and erased some of the gains made in a rally this week.
China says putting pressure on Beijing won’t work amid trade war with U.S.
China’s foreign ministry on Friday said that putting pressure on Beijing over trade won’t work, after a report that U.S. President Donald Trump is prepared to quickly ramp up a trade war between the two countries.
Coca-Cola takes big step into coffee with $5.1 billion Costa deal
Coca-Cola Co has agreed to buy the world’s second largest coffee chain Costa from Britain’s Whitbread Plc for $5.1 billion including debt, opening a new front in its push into healthier markets.
Asian stocks bruised on Trump’s fresh trade war threats
Asian shares came under renewed pressure on Friday as a report U.S. President Donald Trump was preparing to step up a trade war with Beijing sent Chinese stocks lower and partially erased gains made in this week’s global rally.
EU will respond in kind if U.S. imposes car tariffs: Juncker
European Commission President Jean-Claude Juncker said he hoped a July “ceasefire agreement” with U.S. President Donald Trump to refrain from imposing car tariffs would prevail, but the EU would impose its own tariffs if the U.S. changed course.
U.S. hedge fund King Street seeks board shake-up at Toshiba: WSJ
U.S. hedge fund King Street Capital Management LP has proposed new independent directors at Japan’s Toshiba Corp , the Wall Street Journal reported on Friday, citing people familiar with the matter.
Predicting Trump: Chinese turn to fortune tellers to divine trade war
As analysts crunch trade data and political commentators dissect official statements for signs of how the Sino-American trade war will develop, some ordinary Chinese are using different sources to predict U.S. President Donald Trump’s next moves: fortu…
Lyft in talks to hire advisor for 2019 IPO: Bloomberg
U.S. ride services firm Lyft Inc is in talks with an advisor for a targeted March or April 2019 initial public offering, Bloomberg reported, citing people familiar with the matter.
Exclusive: Third Point seeks to tap Campbell Soup board challengers – sources
Activist investor Daniel Loeb’s hedge fund Third Point LLC is speaking to consumer industry executives as it seeks to fill a slate of nominees to challenge Campbell Soup Co’s board of directors, according to people familiar with the matter.
