China vows to protect its interests from ‘reckless’ U.S. trade threats
BEIJING (Reuters) – China lashed out on Wednesday at renewed threats from the White House on trade, warning that it was ready to fight back if Washington was looking for a trade war, days ahead of a planned visit by U.S. Commerce Secretary Wilbur Ross….
How Kinder Morgan won a billion-dollar bailout on Canada pipeline
OTTAWA/HOUSTON (Reuters) – U.S. energy firm Kinder Morgan’s C$4.5 billion sale of an oil pipeline to Canada’s government marked an extraordinary escape from months of fraught negotiations among warring camps of Canadian officials.
Panasonic plans to develop cobalt-free car batteries
TOKYO (Reuters) – Tesla Inc’s battery cell supplier Panasonic Corp said on Wednesday it is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient.
Sorrell plots comeback with new listed company after WPP exit
(Reuters) – Martin Sorrell is staging a comeback just six weeks after he was ousted from WPP , using the same formula as in the 1980s when he transformed a little-known shell company into the world’s biggest advertising group.
World stocks fall for sixth day but Italy, euro in mini-bounce
LONDON (Reuters) – Italy’s political crisis and renewed trade war fears sent world stocks lower for the sixth day in a row, though hopes that Italy could avoid a new election helped European markets stage a mini-bounce from one of their worst selloffs …
China says will protect interests from ‘reckless’ U.S. trade threats
BEIJING/SHANGHAI (Reuters) – China lashed out on Wednesday at renewed threats from the White House on trade, warning that it was ready to fight back if Washington was looking for a trade war, days ahead of a planned visit by U.S. Commerce Secretary Wil…
Ad man Sorrell makes comeback from WPP blow with tested tactic
(Reuters) – Martin Sorrell is staging a comeback just six weeks after he was ousted from WPP , using the same formula as in the 1980s when he transformed a shell company into the world’s biggest advertising group.
RBS finance chief quits ahead of AGM, possible UK stake sale
LONDON (Reuters) – Royal Bank of Scotland announced the surprise departure of its finance chief on Wednesday, on the day of its annual shareholder meeting and amid speculation the British government will soon sell some of its controlling stake in the …
Greek workers strike against belt-tightening, bailout reforms
ATHENS (Reuters) – Greek workers went on strike on Wednesday to protest against years of belt-tightening and a new wave austerity measures that will kick in after the country’s third international bailout expires this summer.
Trump’s auto tariff plan threatens GM’s $7 billion South Korea rescue
SEOUL (Reuters) – Fresh off a $7 billion rescue for its loss-making South Korean operation, General Motors faces a new threat as U.S. President Donald Trump considers higher vehicle import tariffs that could “make or break” its Asian subsidiary.
