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Trade talks between Europe, U.S. will be difficult: Germany's Altmaier

Trade negotiations between the United States and Europe will be difficult but the global economic downturn increases the chances for the parties to reach a deal, German Economy Minister Peter Altmaier said on Tuesday.



5 years ago

China says it hopes U.S. can create conditions for trade talks

China's foreign ministry reiterated on Tuesday that it had not heard of any recent telephone call between the United States and China on trade, and said it hopes Washington can stop its wrong actions and create conditions for talks.



5 years ago

Oil rises as hopes grow for U.S.-China trade breakthrough

Oil prices rose on Tuesday after U.S. President Donald Trump predicted a trade deal with China after positive comments by Beijing, calming nerves after a round of tit-for-tat tariff hikes had sent markets reeling.



5 years ago

Ferdinand Piech, architect of VW's global expansion, dies aged 82

Ferdinand Karl Piech, Volkswagen AG's former chairman and chief executive, who transformed the German company from a struggling midsized carmaker into a global automotive powerhouse, has died, his wife said in a statement.



5 years ago

Global stocks eke out gains on flickering trade hopes

Global shares eked out gains on Tuesday as some investors held out hopes for a trade deal between the United States and China, even as the countries continued to raise tariffs on each other last week.



5 years ago

Uber Eats, Japan convenience store Lawson form delivery tie-up

Uber Eats and Japanese convenience store chain Lawson on Tuesday announced a delivery partnership in central Tokyo, seeking to capitalize on growing demand for quick home delivery of food and everyday items.



5 years ago

Norway wealth fund should move more investments from Europe to North America: central bank

Norway's $1 trillion sovereign wealth fund, the world's largest, should reduce its exposure to European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday.



5 years ago

Russia's Rostec unit ready for out-of-court deal with Boeing on 737 MAX order

A unit of Russian conglomerate Rostec said on Tuesday it was ready for an out-of-court settlement with Boeing over its order for 35 Boeing 737 MAX jets, a spokesman for Rostec's subsidiary Avia Capital Service told Reuters.



5 years ago

GlobalFoundries sues TSMC, wants U.S. import ban on some products

Contract chipmaker GlobalFoundries sued larger rival and Apple supplier TSMC for patent infringement, seeking to stop imports into the United States and Germany of products made with the allegedly infringed technologies.



5 years ago

Ferdinand Piech, architect of Volkswagen's global expansion, dies aged 82

Ferdinand Karl Piech, Volkswagen AG's former chairman and chief executive, who transformed the German company from a struggling midsized carmaker into a global automotive powerhouse, has died, his wife said in a statement.



5 years ago

Norway wealth fund should move more investments to North America, central bank says

Norway's $1 trillion sovereign wealth fund, the world's largest, should shift billions in investments from European stock markets and instead invest more in the United States and other North American markets, the fund's manager recommended on Tuesday.



5 years ago

EU's Vestager: checking to see if Google favors own job search tool

EU regulators are checking Google for Jobs to see if the company unfairly favors its fast-growing tool for searching job listings, Europe's antitrust chief said on Tuesday.



5 years ago

Smucker cuts full-year targets after first-quarter earnings disappoint

J. M. Smucker Co on Tuesday cut its full-year earnings forecast and missed Wall Street estimates for quarterly profit and sales, blaming competition in the pet food industry and its move to cut prices on its peanut butter and coffee.



5 years ago

World shares gain on flickering trade hopes

World shares gained on Tuesday as some investors held out hopes for a trade deal between the United States and China, even though they continued to raise tariffs on each other last week.



5 years ago

Dutch regulator sees potential privacy breach in Microsoft Windows

Microsoft is remotely collecting data from users of Windows Home and Windows Pro, in a potential breach of privacy rules, the Dutch Data Protection Agency (DPA) said on Tuesday.



5 years ago