Importers snap up cheap U.S. soybeans as China stops buying
China’s retaliatory tariffs on U.S. soybeans, threatened for weeks and enacted Friday, have driven down prices and triggered a wave of bargain shopping by importers in other countries stocking up on cheap U.S. supplies, according to a Reuters analysis …
Britain finally clears Murdoch’s Fox to bid for Sky
Britain finally cleared Rupert Murdoch to buy Sky on Thursday, removing the final obstacle to a head-to-head battle between Murdoch’s Twenty-First Century Fox and U.S. rival Comcast for the European pay-TV prize.
Sky shares leap as Comcast and Fox lock horns in bid battle
Sky shares leapt to an 18-year high on Thursday as investors bet a transatlantic battle for the European pay-TV group had further to run, after Comcast’s $34 billion bid trumped an offer from Rupert Murdoch made just hours earlier.
China says hopes U.S. firms will lobby Washington to defend their China interests
China’s commerce ministry said on Thursday it hopes American firms operating in China will lobby the U.S. government and defend their interests as they will be impacted by U.S. trade action.
Goldman Sachs, Prysmian, others lose challenge against 302 million euro EU cartel fine
Investment bank Goldman Sachs , the world’s top cablemaker Prysmian , Nexans and eight other cable companies on Thursday lost their challenge against a 302 million euros ($352.6 million) EU cartel fine.
Panasonic plans to halve cobalt content of car batteries in two-three years
Panasonic Corp plans to halve the cobalt content of its mass-produced automotive batteries “in two to three years”, an executive at the Japanese conglomerate said on Thursday, as battery makers look to reduce costs.
China does not need U.S. soybeans for state reserves: Sinograin official
China, the world’s top soybean buyer, can fully meet the needs of its state soybean reserves without importing from the United States, an official with the state stockpiler told state TV on Thursday.
U.S. companies in China mostly oppose tariffs, survey shows
Most U.S. businesses operating in China oppose using tariffs as a weapon to solve their problems ranging from market access to poor protection of intellectual property rights, a survey suggested on Thursday.
Beijing urges U.S. firms in China to lobby Washington over trade war
China on Thursday said foreign firms operating in China would suffer in a trade war, urging U.S. companies to lobby their government to protect their interests, and said no talks to end the impasse were currently under way.
Stocks, commodities regain footing after slump
Stocks and commodity markets regained some poise on Thursday, having suffered wild tailspins in the previous session as the United States ratcheted up trade war threats on China.
