 | | | | Modest gains in U.S. stocks helped global equity indices edge higher on Tuesday as investors weighed a U.S.-China trade truce against Washington's threat to impose additional tariffs on European goods. | | | | | | Oil prices fell more than 4% on Tuesday, even after OPEC and allies including Russia agreed to extend supply cuts until next March, as weak manufacturing data had investors worried that a slowing global economy could dent oil demand. | | | | | | Major automakers on Tuesday posted mixed U.S. sales results for June and the second quarter, with demand still fairly strong for SUVs and pickup trucks while passenger car sales continued a long-running decline. | | | | | | Tesla Inc handily beat Wall Street expectations on Tuesday for vehicle deliveries in the second quarter, sending shares up 8% as the performance tempered concerns about demand for the electric car maker's vehicles. | | | | | | White House trade adviser Peter Navarro said on Tuesday U.S. trade talks with China are heading in the right direction and any concessions to Beijing on Huawei Technologies [HWT.UL] were small in the context of a larger trade deal. | | | | | | Arizona's governor on Tuesday withdrew a $1 million incentive for Nike Inc to build a plant in the state after the world's largest sportswear maker canceled release of a sneaker featuring a colonial-era version of the American flag, which critics say reflects links to slavery. | | | | | | U.S. stocks managed modest gains on Tuesday after holding near the unchanged mark for much of the session as enthusiasm over the U.S.-China trade truce faded after the United States threatened tariffs on additional European goods. | | | | | | European Union leaders agreed on Tuesday to name France's Christine Lagarde as the new head of the European Central Bank and sealed a deal on filling the EU's other top four jobs after marathon talks that have exposed deep divisions in the bloc. | | | | | | Last month Pink Floyd frontman David Gilmour sold his guitar collection for $21.5 million, including one piece - his famed "Black Strat" Fender Stratocaster - that went for nearly $4 million to the owner of the U.S. National Football League's Indianapolis Colts. | | | | | | The European Union said on Tuesday it was open to talks with Washington in a dispute over aircraft subsidies after the United States threatened an additional $4 bln in tariffs on EU goods including olives, Italian cheese and Scotch whisky. | | | | | | The Scottish government and the Scotch Whisky Association (SWA) urged the United States and the EU on Tuesday to end a trade dispute after Washington threatened tariffs on $4 billion of goods including Scotland's most famous export. | | | | | |
