Trump to unveil China tariff list this week, targeting tech goods
WASHINGTON (Reuters) – The Trump administration this week will unveil the list of Chinese imports targeted for U.S. tariffs to punish Beijing over technology transfer policies, a move expected to intensify trade tensions between the world’s two largest…
GM Korea says March sales slump 19 percent from year earlier
SEOUL (Reuters) – General Motors’ South Korean unit said on Monday its March sales dropped 18.9 percent from a year earlier, extending their slide after the U.S. automaker said in February that it will shut down one of its factories in South Korea.
Alibaba to buy remaining shares in food delivery app Ele.me
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Monday it would buy the remaining shares of Ele.me, a major platform in China’s food delivery market, as it competes with Tencent Holdings Ltd services for offline consumers.
Alibaba to buy food delivery app Ele.me
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd said on Sunday it would buy all shares that it does not already own in food delivery platform Ele.me.
Asia stocks start new quarter on front foot, dollar steady
TOKYO (Reuters) – Asian stocks began the new quarter on Monday with modest gains following a strong performance by global equities last week, while the dollar held steady ahead of key economic indicators.
Asia stocks begin new quarter on modest gains, dollar steady
TOKYO (Reuters) – Asian stocks began the new quarter on Monday with mild gains following a strong performance by global equities last week, while the dollar held steady awaiting key economic indicators.
Saks, Lord & Taylor hit by payment card data breach
TORONTO/NEW YORK (Reuters) – Retailer Hudson’s Bay Co on Sunday disclosed that it was the victim of a security breach that compromised data on payment cards used at Saks and Lord & Taylor stores in North America.
As corporate-government tax pacts falter, Coca-Cola challenges huge U.S. bill
WASHINGTON (Reuters) – Coca-Cola Co thought it had a deal with the U.S. Internal Revenue Service on how much the company charged foreign affiliates for the rights to make and sell Coke products abroad.
Volkswagen shareholder against reelection of Wolfgang Porsche to board: report
FRANKFURT (Reuters) – A prominent Volkswagen shareholder is urging investors to vote against the reelection of Wolfgang Porsche as a member of the carmaker’s supervisory board at its annual general meeting (AGM), a German newspaper reported on Sunday….
Trump attacks Amazon, again, over U.S. postal rates
(Reuters) – U.S. President Donald Trump launched his second attack in a week on Amazon.com Inc on Saturday, accusing the world’s biggest online retailer of getting unfairly cheap rates from the U.S. Postal Service and not paying enough tax.
