Possible new U.S. tariffs on Chinese goods not 'cataclysmic': Commerce Secretary

  "This is not something that will be catastrophic," he said in an interview with Fox Business Network, explaining that a 25 percent tariff of $ 200 billion would be only $ 50 billion a year, less than 1 percent of China's economy, Ross said that President Donald Trump now feels that

Delivered hot: Starbucks bets on Alibaba tie-up to revive China sales

  In June, Starbucks noted that it achieved such a link after reporting a sharp slowdown in sales growth in China, which was partially blamed for suppressing third-party suppliers that previously helped manage orders in their cafes. "I believe that this strategic partnership will be

U.S. dollar drops, yields rise after Trump comments on Fed policy and tariffs

  Wall Street and European stock markets stalled, despite good corporate earnings, after Trump threatened to impose tariffs on all US imports from China. Trump repeated his criticism on the eve of US policy in the Federal Reserve to raise interest rates, saying he was concerned that

Amazon, Toyota, Alcoa and others working to counter Trump's tariff plans

  Companies are trying to avoid any confrontation with US President Donald Trump, but they want to exert the same influence as they can to dissuade him from breaking trade agreements or imposing tariffs on a wide range of imports. Amazon, the world's largest online store and a cloud

'Together Against Trump', thousands protest peacefully in London

  Under the bright blue sky, the demonstrators streamed through the central streets of London with placards bearing the inscription "Dumper" and "Keep your tiny hands from the rights of women." The opposition leader Jeremy Corbin was among the crowd. The organizers said 250,000 people

J&J vows to overturn $4.7 billion talc verdict but experts see hurdles

  But several legal experts said that, despite the fact that J & J had successfully won calls for other Talks in Missouri, he would face a difficult road in appealing against the verdict handed down Thursday in the District Court of St. Louis. John Baysner, attorney for Johnson

China's trade surplus with U.S. hits record as exporters rush to beat tariffs

  But the signs that exporters were in a hurry with supplies before tariffs took effect in the first week of July indicate that the surplus surge was one-off, and analysts had expected a less favorable trade balance for China in the coming months, as export duties begin bite. The data

Dell Technologies to buy out VMWare tracking stock

  This step is the culmination of a strategic review that Dell has been pursuing for several months, as it has sought to consolidate its complex ownership structure without overloading its balance sheet, which is in arrears of about $ 50 billion. Dell said it would offer to exchange each stock

Energy leads Wall Street rebound as trade worries ease

  NEW YORK (Reuters) - US stocks began on Tuesday, fueled by gains in the energy, technology and consumer sectors after a sharp sell-off a day earlier amid rising world trade strains. Energy reserves .SPNY added the biggest gain in the 11 main sectors of the S & P 500, rising 1.4

Income from UK savings accounts dropped 16% in a year, new research shows

  According to new research, the income of bank depositors in the UK due to bank accounts fell by 16 percent per year due to low interest rates from banks and construction societies. According to easyMoney, the investment platform launched by the founder of easyJet, Stelios Haji-Ioann,