Exclusive: EU to block Novelis, Aleris deal unless concessions offered – sources
EU antitrust regulators will block Novelis’ [NVLXC.UL] $2.6 billion bid for steel processor Aleris [TXPACA.UL] if the U.S. aluminum producer does not offer concessions by...
Stronger yen prompts Toyota to trim profit forecast, saps Honda
Toyota Motor Corp lowered its annual profit forecast while Honda Motor Co turned in a double-digit decline in quarterly earnings as a resurgent yen hurt...
Ferrari core earnings rise but shares slide after no upgrade to guidance
Shares in Ferrari went into reverse on Friday as the Italian luxury carmaker failed to lift its guidance for 2019 despite strong results in the...
Fed, trade confusion upending Wall Street investment playbooks
As Federal Reserve Chair Jerome Powell on Wednesday described why the central bank’s interest rate cut should not be seen as the start of a...
China warns of retaliation after Trump threatens fresh tariffs
China on Friday said it would not be blackmailed and warned of retaliation after U.S. President Donald Trump vowed to slap a 10% tariff on...
IAG says it hopes to bring forward first MAX delivery to 2022
British Airways owner IAG is in talks with Boeing to bring forward the first delivery of 200 737 MAX jets by a year to 2022,...
Apple halts Siri response grading program after privacy concerns
Apple Inc said on Friday it suspended its global program where it analyzed recordings from users interacting with its voice assistant Siri, after some privacy...
China says to take countermeasures if U.S. bent on putting tariffs on Chinese goods
China will have to take countermeasures if the United States is bent on putting more tariffs on Chinese goods, the Chinese foreign ministry said on...
Timeline: Key dates in the U.S.-China trade war
The U.S.-China trade war intensified on Aug. 1 with U.S. President Donald Trump vowing to levy 10% tariffs on a remaining $300 billion (£247 billion)...
Trump hits China with more tariffs, sharply escalating trade dispute
U.S. President Donald Trump vowed to impose a 10% tariff on $300 billion of Chinese imports from Sept. 1, sharply escalating a bruising trade war...