Tuesday, 3 July 2018

Exclusive: China presses Europe for anti-U.S. alliance on trade

Exclusive: China presses Europe for anti-U.S. alliance on trade

BRUSSELS/BERLIN (Reuters) - China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a summit later this month but is facing resistance, European officials said.

Shouting CEO, changing rules: inside Tesla's Model 3-building sprint

SAN FRANCISCO (Reuters) - Chief Executive Elon Musk barked at engineers on the Fremont, California assembly line. Tesla Inc tapped workers from other departments to keep pumping out the Model 3 electric sedans, disrupting production of the Model S and X lines. And weekend shifts were mandatory.

Dips in Facebook and Apple leave Wall Street lower

(Reuters) - Wall Street dipped on Tuesday, weighed down by Apple, Facebook and other technology stocks, in a trading session ending early ahead of the U.S. July 4 holiday.

After Harley spat, Trump says other motorcycle firms may come to U.S.

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday his administration is working to bring other motorcycle companies to the United States, following Harley-Davidson Inc's decision to shift some production for European customers overseas.

Barnes & Noble terminates CEO Demos Parneros

(Reuters) - Barnes & Noble Inc on Tuesday said it terminated Chief Executive Officer Demos Parneros, citing violations of the retail bookseller's policies.

U.S. allows ZTE transactions to maintain networks

(Reuters) - The U.S. Commerce Department has granted ZTE Corp, China's No. 2 telecommunications equipment maker, the authority to engage in commercial transactions needed to maintain existing networks and equipment in the United States as it works toward the lifting of a U.S. sales ban.

Tesla shares skid further on concern over Model 3, report on brake test

(Reuters) - Tesla Inc shares closed sharply lower on Tuesday amid analyst skepticism about its Model 3 cars and a news report that said the company had stopped running a brake test on its cars.

Over 40 countries object at WTO to U.S. car tariff plan

GENEVA (Reuters) - Major U.S. trading partners including the European Union, China and Japan voiced deep concern at the World Trade Organization (WTO) on Tuesday about possible U.S. measures imposing additional duties on imported autos and parts.

Trump supporters urge Walmart boycott over 'Impeach 45' clothing

NEW YORK (Reuters) - U.S. retailer Walmart Inc faced an outcry from supporters of President Donald Trump on Tuesday for listing for sale on its open marketplace clothing with the slogan "Impeach 45," an apparent reference to Trump, the country's 45th president.

Facebook shares drop on report of widened probe on data scandal

(Reuters) - Shares of Facebook Inc fell 2 percent on Tuesday, after a report that a federal probe on the data breach linked to Cambridge Analytica had been broadened and would include more government agencies.

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