China state media slams Trump’s ‘gang of hoodlums’ as tariffs loom
SHANGHAI/WASHINGTON (Reuters) – China’s state media lashed out at U.S. President Donald Trump on Friday, accusing the White House of behaving like a “gang of hoodlums” as the world’s two biggest economies careened toward the start of an outright trade …
Oil markets tense as U.S. and China on brink of trade war
SINGAPORE (Reuters) – Oil prices dipped on Friday, with markets on edge ahead of a raft of import tariffs set to be imposed later by the world’s two biggest economies, the United States and China, threatening global growth.
Asian stocks on edge hours before tariff deadline
SHANGHAI (Reuters) – Asian share markets were set for a bumpy ride on Friday just hours ahead of a U.S. deadline to impose tariffs on Chinese imports, which has rattled financial markets in recent weeks as investors feared it could trigger a full-blown…
Samsung Electronics says second quarter profit likely grew 5.2 percent, slowest pace in over 12 months
SEOUL (Reuters) – South Korean tech giant Samsung Electronics Co Ltd estimated on Friday earnings would grow at the slowest pace in more than a year in the second quarter, as analysts said weak smartphone sales likely offset record high chip earnings….
Trump says U.S. tariffs on Chinese goods could exceed $500 billion
WASHINGTON/BEIJING (Reuters) – President Donald Trump said on Thursday the United States may ultimately impose tariffs on more than a half-trillion dollars’ worth of Chinese goods as the world’s two largest economies hurtled toward the start of a trade…
Wall Street rises on U.S.-EU trade relations optimism
NEW YORK (Reuters) – Wall Street’s major indexes rose on Thursday as reports that the United States and the European Union may agree to withdraw auto tariffs fostered optimism on international trade relations among investors.
Airbus left waiting for expanded AirAsia A330neo jet deal: sources
PARIS (Reuters) – Airbus has failed to break deadlock with AirAsia over the fate of a multi-billion-dollar order seen as key to the future of its A330neo passenger jet, people familiar with the matter said.
‘Sacred Games’ marks Netflix debut into Indian original series
LOS ANGELES (Reuters) – Netflix’s first Indian original series makes its debut on Friday, the first of a slate of new shows aimed at the vast Bollywood entertainment market.
Wall Street pares gains after release of Fed minutes
NEW YORK (Reuters) – U.S. stocks slightly pared gains on Thursday after the release of minutes from the Federal Open Market Committee’s June meeting, though they remained in positive territory.
Boeing to take over $4.75 billion Embraer unit, targeting Airbus-Bombardier
SAO PAULO/PARIS (Reuters) – Boeing Co struck a deal for a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75 billion joint venture, the firms said on Thursday, reshaping a global passenger jet duopol…
