Dollar weakens as U.S. tariffs kick in; U.S. jobs data eyed
The dollar fell on Friday as the United States and China slapped tariffs on the other’s imports, but a muted reaction in currency markets suggested the escalation had largely been priced in by investors focusing on a U.S. jobs report due later in the d…
Airbus upbeat on prospect for A400M export contract this year
Airbus said on Friday it was optimistic it could sign a first export contract for its troubled multi-nation A400M military transport plane this year, and expressed growing confidence about prospects for European defense cooperation.
Trump’s $500 billion trade threat makes China’s already battered investors shiver
Six months of wrangling over trade tariffs with the United States has wiped out about a fifth of China’s stock market value and driven its currency down sharply. But those moves may have just been a downpayment on what is yet to come.
Ford slides deeper into China rut after worst ever first half vehicle sales
Ford Motor’s China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst-ever first half, as buyers shunned its aging models that are awaiting overhauls and flocked to rivals.
Acid attack manager rushed back to work to deal with Innogy break-up
Plans to break up German utility Innogy led its finance chief to rush back to work just two months after he had been in intensive care following a disfiguring acid attack.
Exclusive: Credit Suisse creates new anti-sexual harassment role
Credit Suisse has carved out a new role to lead its handling of sexual harassment claims and examine group-wide policies, as Switzerland’s second-biggest bank seeks to boost equal opportunities and create a fair treatment environment.
Stock futures dip as U.S.-China tariff war begins; jobs data awaited
U.S. stock index futures dipped on Friday after the United States and China slapped tariffs on each other’s exports worth $34 billion, triggering what Beijing called the “largest-scale trade war.”
Stocks, euro survive first battle of U.S.-China trade war
Stocks rose and the euro climbed to a three-week peak as the imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday, though concerns about the conflict escalating capped appetite fo…
EU says U.S.-China tariff hikes damaging, trade wars ‘not easy to win’
European Union Trade Commissioner Cecilia Malmstrom said in a tweet on Friday that she was worried about the tit-for-tat tariff hikes between the United States and China, and warned about where the escalation was leading.
German government, JPMorgan deny report on Deutsche Bank
The German government dismissed a report that it had privately raised concerns about Deutsche Bank , while JPMorgan denied it was interested in a stake in Germany’s biggest lender.
