• China's ZTE Corp names c-suite executives in step toward U.S. ban lift

    2 monthes ago - By Reuters

    HONG KONG - ZTE Corp has appointed a new team of top executives including a CEO to comply with a deal it made with the United States to end a ban on U.S. firms supplying parts to China's second-biggest telecommunications equipment maker.
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  • Boeing and Embraer attempt a joint venture

    Boeing and Embraer attempt a joint venture

    2 monthes ago - By Stl Today

    NEW YORK - Boeing and the Brazilian jet maker Embraer will attempt to form a joint venture that would push the U.S. aerospace giant more aggressively into the regional aircraft market.
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  • The Latest: Central banker: we can't undo trade war damage

    2 monthes ago - By Chron

    BEIJING - The Latest on the trade dispute between China and the U.S. that may result in the two sides each imposing higher duties on billions of dollars' worth of each other's exports. :
    8:05 p.m.
    Bank of England Governor Mark Carney has warned that central banks shouldn't be relied upon to prop up the global economy in the event of an all-out trade war.
    Carney compared the uncertainty on trade to the bank's effort to bolster the U.K. economy ahead of Britain's departure from the European Union.
    He told a summit in northern England on Thursday that "in a general trade war, it is unlikely...
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  • Caught In Tariff War, U.S. Distillers Fear Losing Out On Global Whiskey Boom

    Caught In Tariff War, U.S. Distillers Fear Losing Out On Global Whiskey Boom

    2 monthes ago - By NPR

    Whiskey distillers in the U.S. are concerned EU tariffs will take a big bite out of sales. Many have expanded to meet growing demand and worry what will happen if trade frictions aren't resolved soon.
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  • Boeing and Embraer attempt a joint venture

    2 monthes ago - By Chron

    NEW YORK - Boeing and the Brazilian jet maker Embraer will attempt to form a joint venture that would push the U.S. aerospace giant more aggressively into the regional aircraft market.
    The new company, which has faced heavy scrutiny from lawmakers in Brazil, is being valued at about $4.7 billion.
    The companies said Thursday that Boeing Co. will own 80 percent of the joint venture, and Embraer SA the remaining 20 percent.
    Brazilian lawmakers have been hesitant to allow any deal, fearing the loss of control of a major industrial and defense asset.
    Any partnership between Boeing, based in...
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  • Global shares mixed as auto shares push Europe higher

    2 monthes ago - By Chron

    SINGAPORE - European shares rose Thursday following a German report that the U.S. may propose reducing suggested auto tariffs to zero. But in Asia markets were overshadowed by concern over trade tensions between Washington and Beijing.
    KEEPING SCORE: Germany's DAX jumped 1.3 percent to 12,471.69 and France's CAC 40 added 0.9 percent to 5,368.34. Britain's FTSE 100 gained 0.3 percent to 7,591.75. Wall Street was poised to open higher after Wednesday's Independence Day holiday. The S&P 500 futures gained 0.6 percent to 2,724.60. The Dow Jones Industrial Average rose 0.6 percent to 24,245.00.
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  • Europe shrugs off Asian gloom, euro shuffles higher

    2 monthes ago - By Reuters

    LONDON - European shares headed for a third day of gains on Thursday, as reassuring economic data from Germany and a report that its big carmakers could be spared from U.S. tariffs offset another gloomy session for Asia.
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  • Northwest Ranchers Have Beef With Trump's Trade Wars, But Still Support Him

    Northwest Ranchers Have Beef With Trump's Trade Wars, But Still Support Him

    2 monthes ago - By NPR

    Tariffs are hitting U.S. beef exports this week. Ranchers across the West are bracing to lose money - but many still proudly back the president. (Image credit: Anna King/Northwest News Network)
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  • The Trump Administration Took Its New Plan to Avoid an EU-U.S. Trade War to a Secret Meeting With German Carmakers

    2 monthes ago - By Fortune

    It was a busy Independence Day: U.S. Ambassador to Germany Richard Grenell reportedly had a secret meeting yesterday with major German carmakers in Berlin to discuss ways to avoid an EU-U.S. trade war.
    Handelsblatt reports that Grenell's proposal to the CEOs of BMW, Volkswagen and Daimler was that both sides remove car import tariffs altogether. The carmakers were receptive to the idea, insiders said.
    President Donald Trump has threatened import taxes of 20% on cars coming to the U.S. from Europe as retaliation for existing EU tariffs on American steel and aluminum. Currently, autos...
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