China, Germany defend Iran business ties as U.S. sanctions grip
China and Germany defended their business ties with Iran on Wednesday in the face of President Donald Trump’s warning that any companies trading with the Islamic Republic would be barred from the United States.
Tariffs on Chinese goods could batter the U.S. vaping industry
Proposed tariffs on U.S. imports from China of electronic cigarettes, known as vaping products, could not come at a worse time for the industry.
IKEA strives to keep prices low as it opens first store in India
IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture.
Factbox: Impact of U.S.-China trade tariffs on U.S. companies
U.S. companies are putting in place measures to cushion the impact of escalating trade tensions between the United States and China.
American Medical Association opposes merger of CVS and Aetna
The American Medical Association, which represents U.S. physicians, urged the U.S. Justice Department on Wednesday to stop CVS Health Corp’s plan to buy insurance provider Aetna Inc, saying the deal could result in higher prices for prescription medici…
A look at Tesla’s nine-member board
Tesla Inc’s board has said it is evaluating taking the electric car maker private, a day after Chief Executive Elon Musk surprised shareholders with the idea of launching the biggest leveraged buyout of all time.
IKEA strives to keep prices low as opens first store in India
IKEA will set some prices even lower in India than elsewhere when it opens its first store in the country on Thursday, as it woos cost-conscious shoppers unaccustomed to DIY furniture.
Oil prices drop on China import data, weighing on equities
Oil prices fell after Chinese import data showed a slowdown in demand, weighing on world equity markets which fell modestly, even as U.S. technology shares extended recent gains.
European stocks falter as pharma sector falls
European shares dipped on Wednesday as poor corporate earnings in the pharmaceutical sector weighed on sentiment already soured by trade tensions, with Washington preparing tariffs on another $16 billion of Chinese goods.
China to slap additional tariffs on $16 billion of U.S. goods
China is slapping additional tariffs of 25 percent on $16 billion worth of U.S. imports from fuel and steel products to autos and medical equipment, the Chinese commerce ministry said, as the world’s largest economies escalated their trade dispute.
