Sunday July 22, 2018 6:51:10 PM PDT - "Carpe Diem" does not mean "fish of the day". - Unkown




Sun, 22 Jul 2018 21:26:31 -0400

China launches probe into stainless steel imports from EU, Japan, South Korea, Indonesia

China's Commerce Ministry said on Monday it has launched an anti-dumping probe into imports of stainless steel billet and hot-rolled stainless steel sheet and plate from the European Union, Japan, South Korea and Indonesia.

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Sun, 22 Jul 2018 21:19:35 -0400

BOC Aviation to buy 17 Airbus aircraft worth $2.2 billion

BOC Aviation Ltd said on Monday it would buy 17 new Airbus A320NEO and A321NEO aircraft worth a combined $2.2 billion at list prices.

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Sun, 22 Jul 2018 20:56:18 -0400

Oil prices mixed as G20 warns of risks to growth

Oil prices were mixed on Monday as finance ministers and central bank governors from the G20 warned that risks to global growth have increased with rising trade and geopolitical tensions among other vulnerabilities.

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Sun, 22 Jul 2018 20:41:03 -0400

Dollar dips, stocks slip on Trump remarks

The dollar declined on Monday against major currencies to its lowest in more than two weeks after U.S. President Donald Trump criticized the Federal Reserve's tightening policy, while stocks slipped on fears of further trade protectionist measures.

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Sun, 22 Jul 2018 20:33:25 -0400

BHP served with class action over Samarco dam failure

Global miner BHP said on Monday it has been served with a class action proceeding in the Federal Court of Australia regarding the 2015 Samarco dam failure in Brazil.

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Sun, 22 Jul 2018 18:56:57 -0400

G20 calls for stepped-up trade dialogue; no agreement on path forward

Global finance leaders called on Sunday for stepped-up dialogue to prevent trade and geopolitical tensions from hurting growth, but ended a two-day G20 meeting with little consensus on how to resolve multiple disputes over U.S. tariff actions.

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Sun, 22 Jul 2018 17:54:06 -0400

Mondelez voluntarily recalls some U.S. Ritz cracker products

Mondelez Global LLC has voluntarily begun recalling some Ritz Cracker sandwiches and Ritz Bits products over concern that they may include an ingredient tainted with Salmonella.

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Sun, 22 Jul 2018 17:32:04 -0400

Atos to buy Syntel for about $3.57 billion

French technology services company Atos SE agreed to acquire Michigan-based Syntel Inc in an all-cash transaction valued at about $3.57 billion, including net debt, the companies said on Sunday.

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Sun, 22 Jul 2018 17:02:55 -0400

Wall Street braces for tariff fallout as S&P 500 companies report

Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.

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Sun, 22 Jul 2018 15:15:11 -0400

Tariffs removal not needed for E.U., U.S. talks: European Council representative

The United States' removal of tariffs on steel and aluminum imports is not a necessary precondition for trade talks between the United States and the European Union to begin, the European Council representative to the G20 Hubert Fuchs said on Sunday.

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Sun, 22 Jul 2018 15:15:11 -0400

EU's Moscovici says trade differences persist after G20 talks

European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Sunday that differences of position on trade tensions remained after talks among G20 finance ministers in Argentina but the meeting was not tense.

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Sun, 22 Jul 2018 12:04:11 -0400

Fiat Chrysler's Marchionne being treated in Zurich's University Hospital

Fiat Chrysler Chief Executive Sergio Marchionne was being treated in a Zurich hospital on Sunday with a serious illness after suffering complications following shoulder surgery.

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Sun, 22 Jul 2018 08:29:13 -0400

VW to temporarily park cars due to new emissions testing bottlenecks

Volkswagen is renting parking spaces from August to stockpile vehicles which cannot be sold due to bottlenecks caused by new engine emissions tests, a spokeswoman said on Sunday.

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Sun, 22 Jul 2018 04:09:33 -0400

German industry groups warn U.S. on tariffs before Trump-Juncker meeting

German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets U.S. President Donald Trump this week, that tariffs the United States has imposed or is threatening to introduce risk harming America itself.

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Sat, 21 Jul 2018 22:36:22 -0400

U.S. courts allies with free trade offers at G20, France resists

The United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions.

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Sat, 21 Jul 2018 22:36:22 -0400

Japan official urges caution over Trump's complaint on strong dollar

Japan should be careful about recent remarks by U.S. President Donald Trump on currencies and might need to convince Washington its monetary easing is not aimed at weakening the yen but beating deflation, a finance ministry official said on Saturday.

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Sat, 21 Jul 2018 20:57:11 -0400

Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne

Fiat Chrysler named on Saturday its Jeep division boss Mike Manley to take over immediately from Chief Executive Sergio Marchionne, who is seriously ill after suffering major complications following surgery.

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Sat, 21 Jul 2018 19:58:45 -0400

Factbox: The executives replacing Marchionne at FCA, Ferrari, CNH

Fiat Chrysler (FCA) said on Saturday that boss Sergio Marchionne, 66, would not be returning to work because he was gravely ill.

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Sat, 21 Jul 2018 19:58:25 -0400

Illness ends career of Sergio Marchionne, the CEO who liked to fix things

Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands.

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Sat, 21 Jul 2018 19:23:17 -0400

New Fiat Chrysler boss transformed Jeep brand as company focuses on SUVs

Fiat Chrysler Automobiles NV's new chief executive Mike Manley, who has overseen the effort to turn Jeep into a global brand, now plans to carry out the parent company's strategy unveiled last month, the company said Saturday.

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