BEIJING (Reuters) – Chinese companies are facing many difficulties due to trade frictions, Commerce Minister Zhong Shan said on Sunday. Men work on a cargo ship at a port in Lianyungang, Jiangsu province, China September 13, 2019. REUTERS/Stringer The United States and China have been locked in an escalating trade war for over a year.
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WASHINGTON (Reuters) – President Donald Trump’s administration is considering delisting Chinese companies from U.S. stock exchanges, three sources briefed on the matter said on Friday, in what would be a radical escalation of U.S.-China trade tensions. FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., September
FILE PHOTO: Passengers line up in front of Thomas Cook counters at the airport of Heraklion, on the island of Crete, Greece September 24, 2019. REUTERS/Stefanos Rapanis (Reuters) – A further 16,700 customers of collapsed British travel firm Thomas Cook are scheduled to be repatriated on Saturday on 76 flights, the country’s aviation regulator said.
UNITED NATIONS (Reuters) – China’s top diplomat said on Friday that tariffs and trade disputes could plunge the world into recession and Beijing was committed to resolving them in a “calm, rational and cooperative manner.” Chinese Foreign Minister Wang Yi addresses the 74th session of the United Nations General Assembly at U.N. headquarters in New
TOKYO (Reuters) – Toyota Motor Corp (7203.T) will raise its stake in Subaru Corp (7270.T) to 20% from around 17%, the two Japanese automakers said on Friday, as they leverage their scale to better compete in developing new vehicle technologies. FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in
NEW YORK (Reuters) – U.S. stocks slipped on Thursday as the release of a whistleblower report tied to the Democrats’ impeachment move against President Donald Trump kept uncertainty high, while trade comments from China’s top diplomat helped to limit losses. The S&P 500 briefly turned higher late in the session after China’s state councilor and
LONDON (Reuters) – Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia. FILE PHOTO: Traders work at their screens at the stock exchange in Frankfurt January 23, 2015. REUTERS/Pawel Kopczynski/remote/File Photo Europe’s main bourses had initially stuttered
FILE PHOTO: Nintendo’s game character Super Mario is seen on a screen at the presentation ceremony of Nintendo’s new game console Switch in Tokyo, Japan January 13, 2017. REUTERS/Kim Kyung-Hoon TOKYO (Reuters) – Nintendo Co Ltd’s (7974.T) hotly awaited mobile title Mario Kart Tour launched on Wednesday with many users complaining server overload meant they
FILE PHOTO: Nike shoes are seen on display in New York, U.S., March 18, 2019. REUTERS/Shannon Stapleton/File Photo GLOBAL BUSINESS WEEK AHEAD (Reuters) – Nike Inc’s (NKE.N) first-quarter revenue and profit beat Wall Street estimates on Tuesday as the sportswear maker’s strategy to sell sneakers and apparel directly to consumers through its own stores and
HONG KONG (Reuters) – AB InBev (ABI.BR) said it has raised about $5 billion in a Hong Kong IPO of the brewer’s Asia-Pacific unit after pricing it at the bottom of a marketed range, as investors backed a deal seen as offering value despite the city being hit by protests. FILE PHOTO: The logo of
NEW YORK (Reuters) – U.S. stocks barely budged on Monday, with gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war. Apple Inc (AAPL.O) rose 0.5% after U.S. trade regulators approved 10 of 15 requests for tariff exemptions by the iPhone maker. Micron Technology Inc
(Reuters) – Saga Plc (SAGAG.L) said on Monday it was securing alternative flights, where possible, for customers who are due to travel imminently and have been impacted by the collapse of Thomas Cook (TCG.L). The over-50s tourism and insurance firm said in an email that cruises or holidays booked through Thomas Cook will continue with
(Reuters) – Japan’s SoftBank Group Corp (9984.T), the biggest investor in WeWork owner The We Company, is exploring ways to replace Adam Neumann as chief executive of the U.S. office-sharing start-up, four people familiar with the matter said on Sunday. FILE PHOTO: Adam Neumann, CEO of WeWork, speaks to guests during the TechCrunch Disrupt event
LONDON (Reuters) – Britain’s Thomas Cook (TCG.L) is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector. FILE PHOTO: The Thomas Cook logo is seen in this illustration photo January 22, 2018. REUTERS/Thomas White/Illustration/File Photo The
FILE PHOTO: The logo of SoftBank Group Corp is displayed at the SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo SAO PAULO (Reuters) – Japan’s SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country
FILE PHOTO: A pedestrian walks past a Thomas Cook shop in central London, November 26, 2014. REUTERS/Suzanne Plunkett/File Photo (Reuters) – Britain’s Thomas Cook Group Plc (TCG.L) has approached the UK government for a bailout in an attempt to save itself from collapse after its lenders threatened to pull out of a proposed rescue deal,