China slams U.S. 'blackmailing' as Trump issues new trade threat
Tue, 19 Jun 2018 08:52:43 -0400
BEIJING/WASHINGTON (Reuters) - U.S. President Donald Trump threatened to impose a 10 percent tariff on $200 billion of Chinese goods…
Wall Street falls as China-U.S. trade tensions mount
Tue, 19 Jun 2018 09:36:41 -0400
(Reuters) - U.S. stocks opened lower on Tuesday as President Donald Trump's latest threat to impose duties on additional Chinese…
VW names interim Audi boss, seeking to steady brand after CEO arrest
Tue, 19 Jun 2018 08:05:55 -0400
MUNICH (Reuters) - Volkswagen suspended Audi boss Rupert Stadler and announced an interim replacement on Tuesday, seeking to steady its…
Russia, Saudi push for big hike in oil output despite Iran opposition
Tue, 19 Jun 2018 09:50:42 -0400
VIENNA/MOSCOW (Reuters) - Russia and Saudi Arabia are pushing OPEC and its allies to raise oil output steeply from July…
Fender revamps its electric guitars amid sales recovery
Tue, 19 Jun 2018 09:10:26 -0400
(Reuters) - Fender Musical Instruments Corp, the iconic electric guitar maker whose instruments have powered music from Eric Clapton to…
Exclusive: China's Xiaomi cuts valuation after pulling mainland offering: sources
Tue, 19 Jun 2018 04:29:08 -0400
HONG KONG/SHANGHAI (Reuters/IFR) - Chinese smartphone maker Xiaomi has lowered its likely valuation to between $55 billion and $70 billion…
U.S. oil pipeline companies, producers seek relief from steel tariffs
Tue, 19 Jun 2018 07:39:16 -0400
HOUSTON (Reuters) - Major U.S. energy companies including Plains All American Pipeline , Hess Corp and Kinder Morgan Inc are…
UPS to spend $130 million on new natural gas vehicles, fueling stations
Tue, 19 Jun 2018 08:40:02 -0400
LOS ANGELES (Reuters) - Package delivery company UPS on Tuesday said it will invest $130 million to buy 730 compressed…
Roche pays $2.4 billion for rest of cancer expert Foundation Medicine
Tue, 19 Jun 2018 06:57:34 -0400
ZURICH/LONDON (Reuters) - Swiss drugmaker Roche is paying $2.4 billion to buy the rest of Foundation Medicine (FMI) , raising…
Young at heart? Mercedes cultivates its aging workforce
Tue, 19 Jun 2018 06:13:57 -0400
BERLIN (Reuters) - Too slow, inflexible, forgetful, always off sick. Those are some attitudes about older workers that carmaker Mercedes-Benz…