Preparations for listing Aramco stalled: WSJ
(Reuters) – Public listing preparations of state-run Saudi Aramco have stalled, the Wall Street Journal reported on Thursday.
Wall Street rises as trade fears ease; Fed minutes awaited
(Reuters) – U.S. stocks rose broadly on Thursday as the United States dialed back its stance on tariffs on European cars while moving to impose duties on Chinese goods worth $34 billion.
Fed on lookout for recession but still sees strong economy: minutes
WASHINGTON (Reuters) – U.S. central bankers discussed whether recession lurked around the corner and expressed concerns global trade tensions could hit an economy that by most measures looked strong, minutes of the Federal Reserve’s last policy meeting…
California agency opens third probe into Tesla’s Fremont factory
(Reuters) – A California agency for occupational safety said on Thursday it opened a third investigation at Tesla Inc’s factory in Fremont, California, following a complaint.
Global automakers hail more ships as trade battles heat up
DETROIT/LONDON/SHANGHAI (Reuters) – Automakers are scrambling to ship vehicles to the United States to pre-empt possible higher tariffs, according to port data, port officials and logistics companies.
China says U.S. ‘opening fire’ on world with tariffs, vows to respond
BEIJING/WASHINGTON (Reuters) – China accused the United States on Thursday of “opening fire” on the world with tariffs set to take effect on Friday, warning that it will respond the moment that duties on $34 billion in Chinese goods kick in.
Credit Suisse pays U.S. $77 million to settle Asia hiring corruption probes
(Reuters) – Credit Suisse Group AG agreed to pay about $77 million to settle U.S. bribery probes into its awarding of jobs to family and friends of Chinese and other government officials in the Asia-Pacific region, to win lucrative investment banking …
Wall Street inches higher as trade fears ebb
(Reuters) – U.S. stocks inched higher on Thursday with investors mulling Washington’s stance on trade as it looked to dial back tariff threats on European cars while moving to impose duties on Chinese goods worth $34 billion.
U.S. services sector activity picks up; jobless claims rise
WASHINGTON (Reuters) – U.S. services sector activity picked up in June amid strong growth in new orders, but trade tariffs and a shortage of workers were starting to strain the supply chain, which could slow momentum in the coming months.
Boeing to take over Embraer unit, taking on Airbus-Bombardier
SAO PAULO (Reuters) – Boeing Co will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75-billion joint venture, the companies said on Thursday, cementing a global passenger jet duopoly.
