Trade War

Reuters Mercedes-builder Daimler anticipates its transition to electric vehicles will further squeeze profits until 2022, Bloomberg reported Thursday.The margin headwinds call for job cuts and capped development spending, CEO Ola Kallenius s…

BEIJING (Reuters) - China will unify the way it calculates provincial economic output from early 2020, the National Bureau of Statistics said, amid scepticism about the reliability of Chinese data. The statistical bureau will lead the data reform by formula…

(Reuters) - Unilever (ULVR.L) UNc.AS on Wednesday named non-executive director Nils Andersen as its new chairman, appointing an executive with deep experience across consumer goods and logistics industries to help the Dove soap maker navigate a dip in emergin…

Image copyrightGetty Images Tesla's chief executive, Elon Musk, has said Berlin will be the site of its first European factory as the carmaker's expansion plans power ahead. Mr Musk said the firm would also build an engineering and design centre in the Ger…

Joern Pollex/Getty Images Global trade is marching on with or without the US.Next year, the world's biggest free trade deal could be signed.The Regional Comprehensive Economic Partnership (RCEP) would be made up of 15 countries.

Ian Walton/Getty Images UBS says that Trump's trade war tariffs will "scorch" US growth in 2020.The Swiss bank's research department said that the tariffs already put in place this year will "likely lead" to a slowdown in the first half of n…

NEW YORK (Reuters) - U.S. President Donald Trump is scheduled to discuss the country’s trade policy at the Economic Club of New York on Tuesday, and the markets are likely to hang on every word. Trump's lunchtime address at the club, which has hosted U.S. p…

Trade War Hit Confidence, Says Siemens CEO

Investors in the commodities sector have closely tracked developments tied to U.S. trade policy, with the possibility of a resolution between Washington and Beijing providing a boost to commodities and raising hopes for demand that get dashed whenever expecta…

Third-quarter earnings seasons is almost wrapped up, with the vast majority of S&P 500 companies have reported as of the beginning of November, according to Bank of America Merrill Lynch. Earnings results are pointing to an overall 2% bot…