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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
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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…