 | | | | WASHINGTON (Reuters) - The newly appointed head of the Federal Deposit Insurance Corporation (FDIC) said on Tuesday said she plans to review the decades-old system for measuring lenders' financial health, which banks say is outdated. | | | | | | VIENNA/MOSCOW (Reuters) - Iran said on Tuesday OPEC was unlikely to reach a deal on oil output this week, setting the stage for a clash with Saudi Arabia and Russia, which are pushing to raise production steeply from July to meet growing global demand. | | | | | | HONG KONG (Reuters) - Shares of ZTE Corp and its American business partners took a hit on Tuesday after the U.S. Senate's passage of a defense bill set up a potential battle with the White House over whether the Chinese telecoms firm can resume business with U.S. suppliers. | | | | | | BEIJING (Reuters) - China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to accuse Washington of starting a trade war. | | | | | | (Reuters) - ZTE Corp and the U.S. government are still working on an escrow agreement that must be completed and funded with $400 million before a ban on the Chinese company can be lifted, a U.S. official told Reuters on Tuesday. | | | | | | VIENNA (Reuters) - Iranian oil minister Bijan Zanganeh said on Tuesday that he does not expect OPEC to reach an agreement when the oil producer group holds policy discussions this week. | | | | | | NEW YORK (Reuters) - U.S. stocks fell on Tuesday as a sharp escalation in the trade dispute between the United States and China rattled the markets, though the three major indexes pared losses from earlier in the session. | | | | | | SAN FRANCISCO (Reuters) - Tesla Inc Chief Executive Elon Musk said on Monday in an email to staff that an unnamed Tesla employee had conducted "extensive and damaging sabotage" to the company's operations including allegedly making unspecified code changes to its manufacturing operating system and sending what the email said was sensitive Tesla data to unnamed third parties. | | | | | | DETROIT (Reuters) - Ford Motor Co executives on Tuesday said the automaker will renovate and revamp Michigan Central Station, Detroit's infamous blighted landmark, turning it into offices for up to 5,000 tech workers and software engineers focused on self-driving vehicles and ancillary technologies and services. | | | | | | WASHINGTON (Reuters) - U.S. senators who back a clampdown on China's ZTE Corp said on Tuesday they intend to fight for the measure, and urged fellow lawmakers not to give in to White House pressure to give up on the legislation. | | | | | |
