Friday 15 June 2018

Britain's Tesco pledges to end all-white board

Britain's Tesco pledges to end all-white board

LONDON (Reuters) - The chairman of Tesco , Britain's biggest retailer, on Friday pledged to end the all-white make-up of its board of directors.

Trump sets $50 billion in China tariffs with Beijing ready to strike back

WASHINGTON/BEIJING (Reuters) - U.S. President Donald Trump announced hefty tariffs on $50 billion of Chinese imports on Friday as Beijing threatened to respond in kind, in a move that looks set to ignite a trade war between the world's two largest economies.

China to impose 25 percent tariffs on 659 U.S. goods worth $50 billion

BEIJING (Reuters) - China will impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion in response to the U.S. announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.

Wall Street edges lower on renewed trade jitters, oil price drop

(Reuters) - Wall Street stocks were down marginally on Friday after the United States announced hefty tariffs on Chinese imports and China vowed to respond in kind, stoking investor worries over an escalating tit-for-tat trade dispute.

Dollar shaky as China trade worries weigh

NEW YORK (Reuters) - The U.S. dollar edged lower against the Japanese yen on Friday, as President Donald Trump announced hefty tariffs on $50 billion of Chinese imports and Beijing threatened to respond in kind, raising tensions between the world's two largest economies.

Qualcomm-NXP deal still waiting for China nod: sources

BEIJING/SHANGHAI (Reuters) - China is yet to approve U.S. chipmaker Qualcomm Inc's proposed $44 billion acquisition of NXP Semiconductors , three people close to the talks said, dismissing an earlier media report that said Beijing had already greenlit the deal.

FedEx calls U.S. tariffs on Chinese goods 'counterproductive'

(Reuters) - Global delivery company FedEx Corp said on Friday that U.S. tariffs on Chinese goods will raise prices for American businesses and consumers and are "counterproductive to U.S. economic interests."

Trade tensions hit stocks, while oil craters on supply fears

NEW YORK (Reuters) - Share prices extended their slide across the globe in U.S. afternoon trading on Friday after U.S. President Donald Trump announced new tariffs on Chinese goods, while oil prices plummeted 3 percent over signs that supply may soon rise.

Boeing creates one-stop shop for jets and services in Airbus battle

PARIS (Reuters) - Boeing has reorganized its sales operations as part of a push into services that has helped it take a lead over rival jet maker Airbus this year.

Boeing sales chief says Rolls setbacks not impacting 787 sales

PARIS (Reuters) - Engine problems at Britain's Rolls-Royce have rattled the aviation industry but have not slowed sales of the Boeing 787 Dreamliner, Boeing Co's commercial sales chief said.

Related Videos

Breakingviews TV: From A to ZTE

Canada Goose shares soar on surprise profit

Looking for more?

Visit our business section for more deals, markets, legal and finance news.

Read more