LONDON (Reuters) – World shares fell and were set to end the week in the red on Friday while the dollar climbed to a seven-month high, as investors braced for a list of Chinese goods targeted in a first round of announced tariffs by the United States.
FRANKFURT (Reuters) – Volkswagen Truck & Bus on Friday appointed mergers and acquisitions specialist Christian Schulz as its new finance chief, as the division seeks to tap capital markets to fund an expansion plan which could result in the acquisition of rival Navistar.
BEIJING (Reuters) – China vowed on Friday to strike back quickly if the United States hurts its interests, hours before U.S. President Donald Trump was due to unveil revisions to a tariff list targeting $50 billion worth of Chinese goods.
HONG KONG (Reuters) – Shares of ZTE Corp plummeted on Friday on renewed worries of a trade war and the Chinese telecommunications giant has now lost 30 percent of its market value since share trading resumed this week.
FRANKFURT (Reuters) – Volkswagen’s truck and bus division on Friday named Christian Schulz as its new finance chief, replacing Matthias Gruendler, who resigned for personal reasons last month.
AT&T has sealed the deal to buy Time Warner in a major piece of media and …read more […]
(Reuters) – Six former and current employees of Fitbit Inc were charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday.
BEIJING/WASHINGTON (Reuters) – The United States has nearly completed a second list of tariffs on $100 billion in Chinese goods, as President Donald Trump prepares to enact an initial round of duties that is expected to trigger an in-kind response from Beijing, several sources said.
(Reuters) – Six former and current employees of Fitbit Inc were charged in a federal indictment for possessing trade secrets stolen from rival Jawbone, according to a statement from the Department of Justice on Thursday.
BEIJING (Reuters) – China said on Friday it would respond quickly to protect itself if the United States hurts its interests, as U.S. President Trump gets ready to unveil revisions to his initial tariff list targeting $50 billion of Chinese goods.
LONDON (Reuters) – McDonald’s will replace plastic straws with paper ones in all its restaurants in the United Kingdom and Ireland, starting from September, the BBC reported on Friday.
HONG KONG (Reuters) – Shares of Chinese telecommunications giant ZTE Corp fell as much as 10 percent on Friday, continuing a slide that has wiped more than $4 billion off its market value in the past three days.
MADRID (Reuters) – The pioneer of fast fashion isn’t looking so fast anymore.
TOKYO (Reuters) – Asian shares wobbled on Friday as investors braced for U.S. tariffs against China, while the euro flirted with two-week lows after a cautious European Central Bank indicated it would not raise interest rates for some time.
The mysterious volatility trader known as “50 Cent” appears to have made some new bets this week that the stock market will see turbulence over the summer. The trades match a growing sentiment across Wall Street that the stock market could be in for a rocky ride over the next few months. Known for his consistent purchases of bite-size Cboe Volatility Index (VIX) options — usually costing about 50 cents — the trader has historically positioned himself to profit from market turbulence. …read more […]
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