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France and EU ready to respond with sanctions in U.S. trade dispute: French minister

France and the European Union (EU) are ready to respond "with sanctions" if the United States were to reject the hand extended by Europe in the Airbus trade dispute, said French Finance Minister Bruno Le Maire said on Thursday.



5 years ago

PepsiCo's quarterly profit beats as advertising push pays off

PepsiCo Inc beat quarterly revenue and profit estimates on Thursday, as ramped up advertising and new low calorie versions of Gatorade boosted demand for its beverages in North America.



5 years ago

Scottish whisky makers reel over U.S. tariffs in row over EU subsidies

Scottish whisky makers said on Thursday jobs and investment were at risk after the United States slapped a 25% tariff on their single malt spirit and France said the European Union could respond in the row over EU aircraft subsidies.



5 years ago

UK says seeking confirmation from WTO it has complied with rulings

Britain said on Thursday it was seeking confirmation from the World Trade Organization that it had complied fully with its rulings and should not be facing tariffs.



5 years ago

Trump on WTO case: 'This case going on for years, a nice victory!'

U.S. President Donald Trump on Thursday hailed a "nice victory" after the World Trade Organization gave Washington a green light to impose tariffs on $7.5 billion worth of EU goods annually as punishment for illegal aircraft subsidies.



5 years ago

Tokio Marine to buy U.S. insurer Pure Group for about $3 billion

Tokio Marine Holdings Inc will buy insurer Pure Group for about $3.1 billion, it said on Thursday, marking its fourth sizable acquisition in the United States in a little over a decade.



5 years ago

Axon boosts encryption, weighs blockchain to tackle body-cam 'deepfakes'

Axon Enterprise Inc, the leading maker of U.S. police body cameras, began shipping new devices last week with security upgrades it says could aid in thwarting and discrediting "deepfake" videos.



5 years ago

U.S. tariffs on EU products to affect $1 billion euros of Spanish exports: farmers' association

U.S. tariffs on European Union products would affect around 1 billion euros ($1.10 billion) of Spanish agricultural products per year, Spanish agricultural association COAG said on Thursday.



5 years ago

U.S. tariffs grate on Italy's Parmesan cheesemakers

U.S. consumers will pay around $5 a kilogram more for Italian Parmesan cheese because of duties announced by Washington on a range of European goods, a cheesemaking consortium said on Thursday, complaining it was set to take an unfair hit in the trade spat.



5 years ago

Uber makes JFK airport helicopter taxis available to all users

Ride-hailing company Uber Technologies Inc is taking to the air in New York City where users with a little cash to spare will soon be able to book helicopter flights to John F. Kennedy International airport through their apps.



5 years ago

Court strikes down ruling forcing Volkswagen to pay Czech customers damages: report

The Prague City Court ruled on Thursday to invalidate an order for Volkswagen to pay Czech customers more than 500 million crowns ($21.27 million) in damages for the Dieselgate affair, news website www.idnes.cz reported.



5 years ago

U.S. skies still bright for Main Street banks even as Wall Street frets

The view from Wall Street may be all trade wars, tariffs and uncertainty these days, but ask a Main Street banker and things are pretty darn good.



5 years ago

U.S. tariffs to hit 500 million euros of Italian food exports: farmers group

U.S. tariffs on European Union products will hit around 500 million euros ($547.40 million) of Italian agricultural products per year, farmers' association Coldiretti said on Thursday.



5 years ago

Bank of America says this is a 'make or break' quarter for Netflix

Netflix's earnings will show whether it can compete with rival platforms from Disney, Apple and others, according to Bank of America.

5 years ago

Analyst says for the first time ever he is worried about Tesla demand, downgrades stock

JMP Securities lowered its rating on Tesla's stock to market perform from market outperform.

5 years ago