Pressure mounts on Airbus A330 in widebody order battle
PARIS (Reuters) – Imminent airline decisions on $10 billion of wide-body plane orders could influence the fate of Airbus’ A330neo even before the recently upgraded jet completes flight trials, industry sources said.
Shares, dollar tumble after Trump adviser Cohn steps down
TOKYO (Reuters) – U.S. stock futures and the dollar slumped on Wednesday after a key advocate for free trade in the White House announced his resignation, fanning fears President Donald Trump would go ahead with tariffs and risk a trade war.
Republican pushback on tariffs gathers steam as Trump stands firm
WASHINGTON/MEXICO CITY (Reuters) – Donald Trump’s top economic adviser Gary Cohn resigned on Tuesday after the U.S. president said he would push ahead with punitive tariffs on steel and aluminum imports which some critics have dubbed the first shot in …
Virtual currencies are commodities, U.S. judge rules
NEW YORK (Reuters) – Virtual currencies like bitcoin can be regulated as commodities by the U.S. Commodity Futures Trading Commission, a federal judge ruled Tuesday.
Republican pushback on Trump tariffs gathers steam as president stands firm
WASHINGTON/MEXICO CITY (Reuters) – Republican lawmakers stepped up calls on Tuesday for President Donald Trump to pull back from proposed tariffs on steel and aluminum imports as Senate Majority Leader Mitch McConnell added to an avalanche of criticism…
Wall Street gains even as trade war worries dominate
NEW YORK (Reuters) – U.S. stocks eked out a small gain on Tuesday after a choppy session as investors worried about the prospects of a trade war due to mixed signals from Washington on whether U.S. President Donald Trump would follow through with propo…
Republican pushback on Trump tariffs gathers steam, talk of modifications emerge
WASHINGTON/MEXICO CITY (Reuters) – Republican lawmakers stepped up calls on Tuesday for President Donald Trump to pull back from proposed tariffs on steel and aluminum imports as Senate Majority Leader Mitch McConnell added to an avalanche of criticism…
Pushback on Trump tariffs gathers steam, Mexico rejects bid to split NAFTA
WASHINGTON/MEXICO CITY (Reuters) – Republican lawmakers stepped up calls for President Donald Trump to pull back from proposed tariffs on steel and aluminum imports as key trading partner Mexico rejected a bid by Washington to drive a wedge between it …
Kobe Steel, Toyota hit with U.S. lawsuit over vehicle metal quality
NEW YORK/TOKYO (Reuters) – U.S. consumers have filed a lawsuit against Kobe Steel Ltd and Toyota Motor Corp accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in ve…
RBS reaches $500 million settlement with New York over mortgage securities
NEW YORK (Reuters) – Royal Bank of Scotland Group Plc has reached a $500 million settlement with New York state to resolve charges it misled investors by selling risky mortgage securities that contributed to the 2008 global financial crisis.
