Exclusive: BMW to raise prices of two U.S.-made SUV models in China
German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to cope with the additional cost of tariffs on U.S. car imports into the world’s biggest auto market.
BMW to raise prices of two U.S.-made SUV models in China by up to 7 percent
German carmaker BMW said it will raise the prices of two U.S.-made crossover sport-utility vehicles in China to take into account the additional cost of tariffs on U.S. car imports into the world’s biggest auto market.
Global auto powers plotting response to Trump auto tariff threats
Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by U.S. President Donald Trump to impose tariffs on U.S. imports of autos and car parts, officials familiar with the talks said…
UK’s Thomas Cook mulling airline sale: Sunday Times
British travel company Thomas Cook is considering splitting off its airline and selling a stake to an outside investor to reduce debt, the Sunday Times newspaper reported.
G20 agriculture ministers slam protectionism, pledge WTO reforms
Agriculture ministers from the G20 countries criticized protectionism in a joint statement on Saturday, and vowed to reform World Trade Organization (WTO) rules, but did not detail what steps they would take to improve the food trade system.
Bank Leumi, Azrieli agree to sell credit card unit to Warburg Pincus
Israel’s Bank Leumi and Azrieli Group have agreed to sell their credit card business Leumi Card to the U.S. private equity firm Warburg Pincus for 2.5 billion shekels ($685 million).
G20 agriculture ministers express concern about ‘protectionist’ measures
Agriculture ministers from the G20 countries said on Saturday they were concerned about the increasing use of protectionist non-tariff trade measures inconsistent with World Trade Organization (WTO) rules.
G20 agriculture ministers had ‘frank discussion’ about protectionism: Germany
The G20 agriculture ministers gathered in Buenos Aires this weekend had a “frank discussion” about the fact that they do not want unilateral protectionist measures, German Agriculture Minister Julia Klockner told reporters on Saturday.
Germany says U.S.-Europe trade tensions ease, questions remain on soy
The trade relationship between the United States and Europe is improving, German Agriculture Minister Julia Kloeckner said on Saturday, but there is no guarantee the bloc will buy the quantity of soybeans that Washington expects.
Iran woos local investors as U.S. sanctions loom, currency falls
Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported on Saturday, as the country faces likely U.S. sanctions and the exit of many foreign companies.
