Business News
Wall St. higher on U.S.-China trade talk optimism8/20/2018 6:52:32 PM U.S. stock index opened higher on Monday as reports of planned trade talks between the United States and China raised hopes of a potential resolution to their trade spat.EU regulators okay with conditions $82 billion Linde, Praxair deal8/20/2018 6:49:50 PM EU antitrust regulators approved on Monday German industrial gases group Linde's planned $82 billion merger with U.S. rival Praxair after the companies agreed to sell Praxair's assets to a Japanese rival together with other concessions.Tesla nears three-month low as JPMorgan adds to deal doubts8/20/2018 6:43:35 PM Tesla Inc shares fell nearly 4 percent on Monday as a $113 cut in JPMorgan Chase's price target for the electric carmaker added to growing doubts among market players about a plan to take the company private.Cautious optimism for U.S.-China trade talks lifts shares8/20/2018 6:24:10 PM Shares rose worldwide on Monday on hopes of a resolution to the U.S.-China trade row at talks this week, while Turkey's lira fell after cuts to the country's credit ratings and shots were fired outside the U.S. embassy in Ankara.With record in view, aging U.S. bull market may still be frisky8/20/2018 6:21:47 PM Why settle for nine-and-a-half years when you can do an even 10 or better? That’s the thinking of a lot of investors measuring whether a historically long run in U.S. stocks still has legs.U.S. firms warn next China tariffs to cost Americans from cradle to grave8/20/2018 5:47:46 PM A broad cross-section of U.S. businesses has a message for the Trump administration: new tariffs on $200 billion of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to coffins.Bull market beliefs: Stock experts differ on market cycles8/20/2018 5:46:59 PM As Wall Street prepares on Wednesday to celebrate the current U.S. bull stock market becoming the longest in history, some investors are keeping corks in their champagne bottles.Nissan to boost China production capacity by 40 percent, source says8/20/2018 5:45:52 PM Japan's Nissan Motor Co plans to invest about $900 million to boost vehicle-making capacity in China by 40 percent by 2021 - part of a 60 billion yuan ($8.73 billion) strategy to become a top three player in the world’s largest auto market.Thyssenkrupp needs a new chairman by September, investors say8/20/2018 5:43:58 PM Thyssenkrupp should come up with a candidate for the vacant post of chairman by no later than September, two investor sources said, concerned that a lengthy search might further delay restructuring efforts at the German conglomerate.Volkswagen to recall 700,000 cars over roof lighting: trade magazine8/20/2018 5:43:00 PM Volkswagen has to recall about 700,000 Tiguan and Touran cars worldwide due to a possible lighting defect, German trade magazine Kfz-Betrieb reported on Monday.Anthem ties-up with Walmart for over-the-counter drugs8/20/2018 5:33:56 PM Anthem Inc said on Monday it has partnered with Walmart Inc to launch a program in January 2019 that will allow its Medicare Advantage plan customers to purchase over-the-counter medications from the retailer's stores and website.Standard Chartered says approval for Frankfurt Brexit hub pushed to autumn8/20/2018 5:28:20 PM Standard Chartered will likely have to wait until the autumn at the earliest for approval from German and European banking regulators to turn its Frankfurt branch into its European Union subsidiary, a spokeswoman for the bank said on Monday.T-Mobile runs behind-the-scenes PR push to support Sprint deal8/20/2018 4:48:04 PM T-Mobile US Inc is asking smaller wireless operators that piggyback off its network to issue public statements or even write newspaper editorials to help persuade antitrust regulators to approve its proposed $26 billion acquisition of Sprint Corp .PepsiCo puts fizz into healthy drinks with $3.2 billion SodaStream deal8/20/2018 4:03:57 PM PepsiCo will buy carbonated drink-machine maker SodaStream for $3.2 billion as it battles Coca-Cola for an edge in the health-conscious beverage market.Trade war puts new strains on America Inc's factories in China8/20/2018 4:02:51 PM Larry Sloven arrived in southern China three decades ago, just as the region was taking off as the low-cost manufacturing center of the world. Since then, he has exported millions of dollars of goods, ranging from power tools to LED lights, to some of America's biggest retailers.Nissan to invest $900 million on new assembly plant in China: Nikkei8/20/2018 2:52:12 PM Japan's Nissan Motor Co will spend around $900 million to build a new auto assembly plant in China that will increase production capacity in the company by 30 percent, the Nikkei newspaper reported on Monday.China, U.S. to hold lower-level trade talks in late August8/20/2018 2:13:54 PM (This version of the August 16 story corrects date of talks reported by the Wall Street Journal to Aug 22 and 23, instead of Aug 21 and 22, in paragraph 4)Exclusive: China shifts to Iranian tankers to keep oil flowing amid U.S. sanctions - sources8/20/2018 2:07:06 PM Chinese buyers of Iranian oil are starting to shift their cargoes to vessels owned by National Iranian Tanker Co (NITC) for nearly all of their imports to keep supply flowing amid the re-imposition of economic sanctions by the United States.Foreign casino operators go all in as they vie for Osaka license8/20/2018 1:35:48 PM In late July, a lavish fireworks display lit up Osaka's skies in the finale to one of Japan's most famous festivals, courtesy of a first-time sponsor: Macau casino operator Melco Resorts and Entertainment Ltd .Greece set to exit bailout, still faces daunting challenges8/20/2018 11:44:17 AM Greece exits the last of its three bailouts on Aug. 20 and hopes to be able to borrow again in international markets after a nearly nine-year debt crisis that shrank the economy by a quarter and forced it to implement painful austerity measures.