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Trump threatens China with tariffs on a further $300 billion of goods

U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.



6 years ago

Aviva overhauls UK business, to cut 1,800 jobs globally

British insurer Aviva will restructure its British business and cut costs across the firm with the loss of 1,800 jobs globally as it new chief executive seeks to make the business more competitive.



6 years ago

PSA's shares rise as Fiat Chrysler withdraws merger offer for Renault

Shares in Peugeot-carmaker PSA rose on Thursday, as analysts examined the possibility that Fiat Chrysler (FCA) might turn back to PSA after FCA withdraw a merger offer for Renault.



6 years ago

Ford expected to announce closure of Welsh engine factory: source

Ford is expected to announce on Thursday that it is closing its engine facility in Wales, a source told Reuters, putting at risk 1,700 jobs in what would be the latest blow to Britain's car industry.



6 years ago

China says will fight to end if U.S. escalates trade tensions

China will fight to the end if the United States decides to escalate trade tensions, the Commerce Ministry said on Thursday, as U.S. President Donald Trump reiterated his threat to levy additional tariffs on $300 billion of Chinese goods.



6 years ago

Investment bank environment still very fragile says UBS

Investment banking conditions have improved over recent months but remains "very fragile," UBS Chief Executive Sergio Ermotti said on Thursday, adding the Swiss lender's own business was performing in line with the industry.



6 years ago

Trump threatens China with tariffs on further $300 billion of goods

U.S. President Donald Trump threatened to hit China with tariffs on "at least" another $300 billion worth of Chinese goods but said he thought both China and Mexico wanted to make deals in their trade disputes with the United States.



6 years ago

Trade tensions flare sours rate hope rally

German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting.



6 years ago

French bank Credit Agricole forecasts slower profit growth

Credit Agricole, France's second-largest listed bank, on Thursday said profit growth would slow over the next four years, adopting a cautious outlook in the face of low interest rates and a potential deterioration in its loan portfolio.



6 years ago

Ford to close Wales engine plant in 2020: union

Ford will close its engine plant in Bridgend, south Wales, by September 2020, a trade union said on Thursday, putting 1,700 jobs at risk in the latest blow to Britain's car industry.



6 years ago

Trade tensions flare-up sours rate hope rally

German bond yields plumbed new record lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting.



6 years ago

Beyond Meat's home in the meat aisle sparks food fight

In a bid to directly compete with ground beef and pork sausage, Beyond Meat Inc bills itself the world's first plant-based burger sold in the meat case of U.S. grocery stores.



6 years ago

Exclusive: Deutsche Bahn reviewing consultancy contracts granted to ex-managers

Deutsche Bahn is reviewing consultancy contracts granted to former managers without the knowledge of the state-owned railway operator's supervisory board, three people familiar with the matter told Reuters on Thursday.



6 years ago

Flare-up in trade tensions sours rate-hope rally

German bond yields fell to new lows on Thursday and U.S. treasury yields resumed their fall as renewed trade tensions doused a rally fueled by hopes for more central bank stimulus ahead of a European Central Bank meeting.



6 years ago

Exclusive: India to order taxi aggregators like Uber, Ola to go electric

India plans to order taxi aggregators like Uber and Ola to convert 40% of their fleet of cars to electric by April 2026, according to a source and records of government meetings to discuss new rules for clean mobility.



6 years ago