Thursday 11 October 2018

Canada to impose steel safeguards after U.S. tariffs

Reuters.com Newsletter

Canada to impose steel safeguards after U.S. tariffs

Canada will impose new quotas and tariffs on imports of seven categories of steel, the federal government said on Thursday, fresh measures to head off a potential rise in imports as overseas steelmakers shut out of the United States seek new customers.

Wall St. extends slide with trade and rates in focus

Wall Street indexes continued their slide in Thursday's volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings a day ahead of the quarterly reporting season kickoff.

U.S. safety agency OKs advanced headlights for road use

The U.S. National Highway Traffic Safety Administration on Thursday said it was moving to allow advanced headlights known as "adaptive driving beams" to be used in vehicles on U.S. roads that could help prevent nighttime crashes.

Instant View: U.S. share tumble continues, Nasdaq flirts with correction

Wall Street indexes continued their decline in volatile trade on Thursday as investors continued to shun risky investments, and the Nasdaq dipped in to correction territory.

Lockheed, Rheinmetall to make joint bid to supply German navy helicopters

U.S. weapons maker Lockheed Martin Corp and German peer Rheinmetall AG said on Thursday they will make a joint bid to supply the German navy with MH-60R Seahawk helicopters built by Lockheed's Sikorsky unit.

Canada pessimistic about quick end to U.S. metals tariffs: sources

Canada does not hold out much hope that Washington will quickly lift tariffs that it imposed on steel and aluminum exports and is resisting a U.S. push to agree to strict quotas, two sources familiar with the matter said.

U.S. senators asks Google to explain delay in disclosing vulnerability

Three influential Republican U.S. senators on Thursday asked Alphabet Inc's Google unit to explain why it delayed disclosing vulnerabilities with its Google+ social network.

Rising U.S. bond yields bring back Wall Street's sinking feeling

For stock investors, the recent spike in bond yields may be prompting some uncomfortable deja vu.

Wall Street extends slide, world equities at one-year low

A global measure of equity prices fell to a 1-year low on Thursday as Wall Street extended its October slide into a sixth session as investors feared an escalating U.S. trade war with China and risks from a recent climb in interest rates.

Oil falls 3 percent as equity markets drop, inventories climb

Oil prices slumped to more than two-week lows on Thursday as global stock markets fell, with investor sentiment made more bearish by a bigger-than-expected build in U.S. crude inventories.

Jury clears J&J of liability in New Jersey talc cancer case

A New Jersey jury on Thursday cleared Johnson & Johnson of liability in a case involving a woman who alleged that the company's talc-based products, including its baby powder, contain asbestos and caused her cancer.

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