Echostar seeks $3.2 billion bid talks with Inmarsat as deadline looms
U.S. satellite group EchoStar urged Britain’s Inmarsat to open talks about a takeover approach worth $3.2 billion to shareholders just hours before a deadline for the American company to make a firm offer was due to expire.
As tariffs strike, China blames U.S. for ‘largest-scale trade war’
The United States and China slapped tit-for-tat duties on $34 billion worth of the other’s imports on Friday, with Beijing accusing Washington of triggering the “largest-scale trade war” ever in a sharp escalation of their months-long conflict.
The fallout in commodities from the U.S.-China Trade war: what’s at stake
Washington imposed tariffs on $34 billion of Chinese imports on Friday and Beijing has said it will retaliate with punitive measures on U.S. products worth a similar amount, including soybeans, pork and cotton.
China says has begun implementing some retaliatory tariffs on U.S. goods
China’s Foreign Ministry said on Friday that Beijing has already begun implementing tariffs on some U.S. goods in retaliation for U.S. duties on $34 billion in Chinese imports, which took effect the same day.
Airbus raises 20-year market forecast in revamped format
Airbus raised on Friday its forecast for aircraft demand over the next 20 years and revamped the way it predicts aircraft demand, introducing new categories from ‘Small’ to ‘Extra-Large’ and blurring the traditional boundaries between aircraft types.
As inflation soars, Facebook drives trading in Argentina’s barter clubs
At an abandoned train station in Buenos Aires’ working-class suburb of San Miguel, hundreds of Argentines gather with bags of clothes, rice, flour and sugar to trade.
Cultural mix a hidden weapon in Nestle CEO’s activist defense
Growing up in Germany, Mark Schneider was pushed to become fluent in English by his father, who believed it would give him an edge.
Dollar falls as U.S. tariffs kick in; U.S. jobs data eyed
The dollar fell on Friday as U.S. tariffs on Chinese imports took effect, 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 day.
Stocks, euro rise as shots fired in U.S.-China trade war
The imposition of tariffs by the United States and China on billions of dollars of trade was absorbed calmly by markets on Friday with stocks edging higher and the euro climbing a three-week peak, but concerns about the conflict escalating capped gains…
China says retaliatory tariffs on U.S. goods took effect at 12:01 p.m.
China’s retaliatory tariffs on $34 billion worth of U.S. goods took effect at 12:01 p.m. in Beijing (0401 GMT) on Friday, the official Xinhua news agency said, citing the customs office.
