Asia share markets hit by U.S. auto tariff threat, dollar pulls back
SHANGHAI (Reuters) – Asian shares fell on Thursday after the U.S. government launched a national security probe into car imports that could lead to new tariffs, and President Donald Trump’s comments suggested setbacks in U.S.-China trade talks.
China’s Premier Li says China and Germany uphold free trade
BEIJING (Reuters) – China’s Premier Li Keqiang said on Thursday China has always supported a unified and prosperous Europe and that China and Germany uphold free trade.
Rusal CEO, board members quit as company warns on debt payments
HONG KONG (Reuters) – Russia’s largest aluminum producer, United Company Rusal Plc , said on Thursday its chief executive and seven board members have quit, and warned it may have problems servicing its debt due to the impact of U.S. sanctions.
China fines Muji for packaging that lists Taiwan as a country
SHANGHAI (Reuters) – Japanese retailer Muji has been fined 200,000 yuan (23,445 pounds) in Shanghai for using packaging that lists Taiwan as a country, underscoring China’s growing sensitivity to how companies refer to the self-ruled island.
China says has not promised to cut trade surplus with U.S. by a certain amount
BEIJING (Reuters) – China’s Commerce Ministry said on Thursday that it had not pledged to cut the country’s trade surplus with the United States by a certain figure, and hopes the United States implements measures promised during trade negotiations as …
United Air CEO grilled over NRA discount, workers rights at annual meeting
CHICAGO (Reuters) – United Airlines executives faced questions about ending its discount for a gun rights group and how it treats its workers at the carrier’s annual shareholders meeting on Wednesday.
U.S. launches national security probe of vehicle imports
WASHINGTON (Reuters) – The Trump administration on Wednesday launched a national security investigation into car and truck imports that could lead to new U.S. tariffs similar to those imposed on imported steel and aluminum in March.
Oil prices drop on potential increase in OPEC output
SEOUL (Reuters) – Oil prices fell on Thursday, pulled down by expectations that OPEC members could step up production in the face of worries over supply from both Venezuela and Iran.
Uber shuts Arizona self-driving program two months after fatal crash
SAN FRANCISCO (Reuters) – Uber has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.
Trump says U.S. may launch national security probe of vehicle imports
WASHINGTON (Reuters) – U.S. President Donald Trump said on Wednesday he asked his commerce secretary to considering opening an investigation into the effect of vehicle imports on national security, a move that could lead to the imposition of tariffs.
