(Reuters) – Wall Street opened higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars drove gains for automakers, offsetting further signs of tension with China.
LONDON (Reuters) – JPMorgan Chase & Co has asked “several dozen” employees to lead a first wave of relocations from the UK to continental Europe by early next year, as it pushes the button on plans to protect its business post-Brexit, according to a memo sent to staff on Thursday and seen by Reuters.
German Chancellor Angela Merkel said on Thursday she would back lowering European Union tariffs on U.S. car imports, responding to an offer from Washington to abandon threatened levies on European cars in return for concessions. “When we want to negotiate tariffs, on cars for example, we need a common European position and we are still working on it,” Merkel said. U.S. President Donald Trump threatened last month to impose a 20-percent import tariff on all EU-assembled vehicles, which could upend the industry’s current business model for selling cars in the United States. …read more […]
(Reuters) – Wall Street was set to open higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars drove gains for automakers, offsetting further signs of tension with China.
WASHINGTON (Reuters) – U.S. private payrolls rose less than expected in June while the number of Americans filing for unemployment benefits unexpectedly rose last week, but that did little to change perceptions that labor market conditions continued to tighten.
SAO PAULO (Reuters) – Boeing Co will buy a controlling stake in the commercial aircraft arm of Brazilian planemaker Embraer SA under a new $4.75-billion joint venture, the companies said on Thursday, cementing a global passenger jet duopoly.
There were bigger biotech deals than these this year, but arguably none better. …read more […]
Momo (MOMO) seems well-positioned for future earnings growth and it is seeing rising earnings estimates as well, coupled with a solid Zacks Rank. …read more […]
HONG KONG (Reuters) – ZTE Corp has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China’s second-biggest telecommunications equipment maker.
High-yield dividend stocks require extra scrutiny from investors. …read more […]
(Reuters) – U.S. stock index futures ticked higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars pushed automakers higher across the board, offsetting further signs of tension with China.
BEIJING (Reuters) – The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect, as Beijing ramped up the rhetoric in the heated dispute.
The United States is “opening fire” on the world with its threatened tariffs, China warned on Thursday, saying no one wants a trade war but it will respond the instant U.S. measures go into effect, as Beijing ramped up the rhetoric in the heated dispute. The Trump administration’s tariffs on $34 billion of Chinese imports are due to go into effect at 0401 GMT on Friday, which is just after midday in Beijing. …read more […]
SINGAPORE (Reuters) – Singapore’s anti-trust body proposed fines on ride-hailing firms Grab and Uber, provisionally finding that their merger had reduced competition and suggesting remedies such as the sale of their car-leasing businesses.
(Reuters) – Boeing Co will take over the $4.75 billion commercial aircraft arm of Brazilian planemaker Embraer SA as part of a new company to be controlled by the U.S. firm, the companies said on Thursday.
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