Futures drop as global trade uncertainties persist
(Reuters) – U.S. stock index futures were lower on the first trading day of the second half of this year, as worries of a trade war between the United States and other major economies did not let up.
Dell Technologies to buy out VMware tracking stock
(Reuters) – U.S. computer maker Dell Technologies Inc said on Monday it will buy out the holders of shares that track the performance of VMware Inc using a mix of cash and equity in Dell.
Exclusive: ADM in talks to take over French animal feed firm Neovia
PARIS (Reuters) – ADM is in exclusive talks to take over animal nutrition business Neovia for 1.5 billion euros ($1.75 billion), marking a new step in the U.S. agricultural giant’s strategy to expand in the fast growing feed sector.
Trump says Saudis must compensate for drop in Iran oil supply
BERKELEY HEIGHTS, N.J. (Reuters) – President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.
Exclusive: Largest U.S. business group attacks Trump on tariffs
WASHINGTON (Reuters) – The U.S. Chamber of Commerce, the nation’s largest business group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Trump’s trade tariff policies.
World shares slide on trade war, German coalition concerns
LONDON (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked world shares lower on Monday, while European markets and the Mexican peso were both jolted by political developments at home.
EU warns U.S. of major hit if car tariffs imposed
BRUSSELS (Reuters) – The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.
Oil falls as Saudi, Russian output rises
LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States.
Airbus shares fall on report of missing A320neo delivery goal
PARIS (Reuters) – Airbus shares fell on Monday after Bloomberg News reported that the European planemaker would miss its delivery target for Pratt & Whitney-powered A320neo narrow-body jets this year.
China drags on Asia shares, politics on euro and peso
SYDNEY (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked Asian markets lower on Monday, while the euro and the Mexican peso were both jolted by political developments at home.
