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Reuters Daily

Reuters Business

Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans

Fri, Jul 20, 2018

Big companies in the United States from Amazon.com Inc to Toyota Motor Corp and Alcoa Corp are working to counter the effect of the Trump administration's trade policies and to head off new tariffs. ...

Over sorghum salad, U.S. farmers and Chinese buyers chew on trade

Fri, Jul 20, 2018

Chinese importers of the livestock feed sorghum feasted on tabbouleh salad and chipotle tortillas made with the U.S. grain at a Texas barbecue this week, as farmers try to woo buyers in the middle of an escalating U.S.-China trade war. ...

U.S. lawmakers cut anti-ZTE measure from defense bill

Fri, Jul 20, 2018

U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea. ...

Wall Street slips as trade worries dampen upbeat earnings

Fri, Jul 20, 2018

U.S. stocks ended slightly lower on Friday as escalating trade anxieties driven by U.S. President Donald Trump's latest tariff threats against China offset a string of robust earnings led by Microsoft. ...

U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs

Fri, Jul 20, 2018

The U.S. dollar weakened, long term Treasury yields rose and stocks closed mostly lower on Friday after President Donald Trump complained again about the greenback's strength and about Federal Reserve interest rate rises. ...

Trump threatens tariffs on all $500 billion of Chinese imports

Fri, Jul 20, 2018

U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets. ...

Microsoft shares at all-time high after bumper results

Fri, Jul 20, 2018

Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services. ...

GlaxoSmithKline considers splitting up the group: FT

Fri, Jul 20, 2018

GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday. ...

Wall Street braces for tariff fallout as S&P 500 companies report

Fri, Jul 20, 2018

Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week. ...

U.S., European allies map out larger role for F-35 fighter

Fri, Jul 20, 2018

Lockheed Martin's F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader role in missile defense and other warfare plans than conventional fighters, according to U.S. and European officials. ...

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