Trump says euro dropping ‘like crazy’ against dollar, blames Fed
U.S. President Donald Trump waves as he walks from the Oval Office of the White House in Washington, U.S., before his departure to Camp David, August 30, 2019. REUTERS/Yuri Gripas…
U.S. and China will meet in September, Trump says, but tariff hikes remain
WASHINGTON (Reuters) – Trade teams from China and the United States continue to talk and will meet in September, but tariff increases on Chinese goods set to go in place…
Twitter CEO’s hacked account sends racist tweets before being secured
SAN FRANCISCO (Reuters) – The account of Twitter Inc (TWTR.N) Chief Executive Jack Dorsey was hacked on Friday afternoon, sending public tweets and retweets including racial slurs and curse words…
Wall Street Weekahead: Retailers in spotlight as tariffs on consumer products kick in
SAN FRANCISCO (Reuters) – U.S. retailers will be front and center on Wall Street next week as the United States imposes new tariffs on $300 billion worth of Chinese imports,…
Cuba unveils tighter rules on cooperatives in clampdown on non-state sector
HAVANA (Reuters) – Communist-run Cuba unveiled tighter regulations on non-agricultural cooperatives on Friday, including curbs on their prices, in keeping with a broader push to increase control of the growing…
Japan’s curbs on high-tech materials exports to South Korea could backfire
TOKYO/SEOUL (Reuters) – Japan’s curbs on exports of high-tech materials to South Korea could backfire in the long run, eroding its dominance over a key link in the global chip…
Volkswagen discussing Turkish car tax as it seeks deal on plant: sources
ANKARA/ISTANBUL (Reuters) – German carmaker Volkswagen (VOWG_p.DE) is holding talks with officials in Ankara over Turkey’s vehicle tax regime as it seeks to conclude a 1-billion euro investment to build…
Best Buy’s sales forecast falls short as tariffs loom
(Reuters) – Best Buy Co Inc (BBY.N) blamed planned U.S. tariffs on Chinese imports and uncertainty about future consumer behavior for a lower annual sales forecast, becoming the latest company…
Trade war dims outlook for U.S. business operations in China: survey
WASHINGTON (Reuters) – U.S. companies doing business in China are still making profits there, but 81% say escalating trade tensions between the world’s two largest economies have affected their business…
China hopes U.S. will create conditions necessary for September trade talks
BEIJING (Reuters) – China and the United States are discussing the next round of face-to-face trade talks scheduled in September, but hopes for progress hinge on whether Washington can create…