Stock futures rise as trade concerns take a back seat
U.S. stock index futures rose on Monday, drawing strength from healthy U.S. jobs data last week that helped investors look past rising trade tensions between the United States and China.
Air France KLM’s traffic rises, sources coy on latest name in CEO frame
Air France KLM , hit by strikes and without a CEO since May, reported higher traffic figures that lifted its battered shares, while sources voiced caution about the possible appointment of a top French transport executive as its new boss.
Tesla raises car prices in China: Electrek
Tesla Inc has raised prices on its Model X and S cars by over $20,000 in China, automotive news website Electrek reported on Monday, making it one of the first U.S. carmakers to hike prices in the wake of rising trade tensions.
China says tariffs on U.S. goods to be used to ease impact of trade fight
China’s commerce ministry said on Monday that it will use funds collected from tariffs charged on imports from the United States to help ease the impact of U.S. trade actions on Chinese companies and their employees.
Nissan admits to more testing misconduct for cars sold in Japan
Nissan Motor said on Monday it had improperly measured exhaust emissions and fuel economy for 19 vehicle models sold in Japan, the second case in less than a year where misconduct has been discovered in its inspection processes.
Chinese customs clears some U.S. goods as new tariffs take effect: sources
Major Chinese ports have started clearing goods from the United States on Monday, as new tariffs on U.S. imports have gone into effect, three sources told Reuters, as a trade spat between Beijing and Washington escalated into an outright war last Frida…
BMW agrees $4.7 billion contract with China’s CATL for battery cells
BMW plans to source 4 billion euros’ ($4.7 billion) worth of battery cells from Chinese battery maker Contemporary Amperex Technology Ltd (CATL) over the next few years, the carmaker’s purchasing boss said on Monday.
Xiaomi’s weak debut signals trouble for upcoming Hong Kong tech listings
Xiaomi Corp made a weak debut in Hong Kong on Monday, with the Chinese smartphone maker’s shares sliding as much as 6 percent on valuation concerns, in an ominous sign for its technology sector peers lining up listings in the city.
Saudi Arabian Airlines in Boeing 777X order talks: sources
Saudi Arabian Airlines is exploring a potential order for Boeing 777X widebody jets, according to three sources familiar with the matter.
Aramco more resilient to oil slump than listed rivals: accounts
Saudi Aramco is more resilient to oil price slumps than its biggest listed rivals, its 2016 accounts indicate, giving a rare insight into the state energy giant’s finances ahead of a proposed flotation.
