WASHINGTON/PARIS (Reuters) – Washington will announce plans to impose tariffs on EU steel and aluminum imports as early as Thursday, two sources said, while a magazine reported President Donald Trump was now focused on pushing German cars from the country.
(Reuters) – General Motors Co said on Thursday that Japan’s SoftBank Group Corp will invest $2.25 billion through its Vision Fund in GM Cruise Holdings LLC, the carmaker’s autonomous vehicle technology.
Days after President Donald Trump deemed Jeff Sessions “beleaguered” and threatened to fire him last July, members of the president’s inner circle made a desperate case to save the attorney general’s job. The White House chief of staff, Reince Priebus, and the president’s chief strategist, Steve Bannon, pleaded with Trump during a heated Oval Office meeting to keep Sessions, warning that his dismissal would only pour gasoline on the Russia investigation. Ten months later, the Republican campaign to save Sessions has continued and — at least for now — succeeded. …read more […]
NORTH CHARLESTON, S.C. (Reuters) – A small group of workers at Boeing Co’s South Carolina jetliner factory is voting on Thursday on whether to form a “micro union,” despite efforts by Boeing to challenge the election.
HELSINKI (Reuters) – Nokia said on Thursday it had sold its small digital health business, including activity trackers and smartwatches, and said the head of its Technologies unit would step down.
LONDON (Reuters) – The aluminum empire of Russian magnate Oleg Deripaska is in close contact with the U.S. Treasury, but needs until mid-summer to come up with a plan to meet U.S. requirements to escape sanctions, the chairman of its holding company told Reuters.
BERLIN/FRANKFURT (Reuters) – A report that U.S. President Donald Trump has threatened to pursue German carmakers until there are no Mercedes-Benz rolling down New York’s Fifth Avenue dented shares in the luxury car manufacturers on Thursday.
BERLIN (Reuters) – There are no signs of a de-escalation in the trade dispute between Europe and the United States, German Finance Minister Olaf Scholz said in a Reuters interview published on Thursday, adding the EU’s response to any U.S. tariffs must be strong.
(Reuters) – Unilever’s outgoing veteran chief executive, Paul Polman, may stay long enough to see the company through to its 2020 targets and would prefer an internal candidate as his replacement, brokerage Bernstein said.
LONDON (Reuters) – World stocks, the euro and Italian bonds all made a second day of gains on Thursday, after renewed efforts from politicians in Rome to form a government and data from China pointed to its giant economy performing well.
TOKYO (Reuters) – Japan Tobacco Inc is set to slash prices on its heated tobacco products early next week after a similar move by bigger rival Philip Morris International Inc , signaling increased competition in Japan’s nascent market for alternative cigarettes.
TOKYO (Reuters) – Sony Corp’s new chief executive is embracing entertainment content, but for now appears to be steering clear of direct competition with tech giants such as Apple Inc and Netflix Inc .
BERLIN (Reuters) – German magazine Wirtschaftswoche said U.S. President Donald Trump aimed to push German carmakers out of the United States, and that he told French President Emmanuel Macron he wanted to stop Mercedes-Benz from cruising through New York.
WASHINGTON/PARIS (Reuters) – Washington will announce plans to slap tariffs on EU steel and aluminum imports as early as Thursday morning, sources said, while the U.S. commerce secretary said any escalation of their trade dispute would depend on the bloc’s reaction.
DONGYING, China (Reuters) – ExxonMobil Corp’s global oil marketing team stormed into China this week hoping to elbow aside rivals and gain access to the nation’s “teapot” refining market, executives told Reuters.
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