Business

Dollar slides after U.S. nonfarm payrolls report

Dollar slides after U.S. nonfarm payrolls report

Published 06/07/2018

NEW YORK (Reuters) - The dollar fell on Friday after data showed the U.S. economy created more jobs than expected in June, but a closely-watched [more…]

U.S. trade deficit drops to one-and-a-half year low in May

U.S. trade deficit drops to one-and-a-half year low in May

Published 06/07/2018

WASHINGTON, (Reuters) - The U.S. trade deficit fell to a 1-1/2-year low in May as exports rose to a record high, boosted by an increase [more…]

Russia raises duties on U.S. goods in response to trade restrictions

Russia raises duties on U.S. goods in response to trade restrictions

Published 06/07/2018

MOSCOW (Reuters) - Russian Prime Minister Dmitry Medvedev has signed a decision imposing extra duties of 25-40 percent on some imports from the United States [more…]

Airbus CEO steps up warning on danger of hard Brexit

Airbus CEO steps up warning on danger of hard Brexit

Published 06/07/2018

LONDON (Reuters) - The head of Airbus (AIR.PA) warned the British government on Friday that in a worst-case scenario Brexit could result in production at [more…]

Oil slips below $77, weighed down by Saudi output boost, trade…

Oil slips below $77, weighed down by Saudi output boost, trade…

Published 06/07/2018

LONDON (Reuters) - Oil slipped below $77 a barrel on Friday, under pressure from higher Saudi production and trade tensions between the United States and [more…]

Airbus upbeat on prospect for A400M export contract this year

Airbus upbeat on prospect for A400M export contract this year

Published 06/07/2018

BERLIN (Reuters) - Airbus (AIR.PA) said on Friday it was optimistic it could sign a first export contract for its troubled multi-nation A400M military transport [more…]

Trump’s $500 billion trade threat makes China’s already battered…

Trump’s $500 billion trade threat makes China’s already battered…

Published 06/07/2018

SHANGHAI/SINGAPORE (Reuters) - Six months of wrangling over trade tariffs with the United States has wiped out about a fifth of China’s stock market value [more…]

Ford slides deeper into China rut after worst ever first-half…

Ford slides deeper into China rut after worst ever first-half…

Published 06/07/2018

BEIJING (Reuters) - Ford Motor’s (F.N) China slump intensified, with vehicle sales tumbling 38 percent in June and the automaker recording its worst ever first-half, [more…]