Leaders of the world’s top central banks have warned that trade conflicts could hurt the global economy. (WSJ)
The Commerce Department has reviewed 98 of the 20,000 requests it has received for exemptions from steel and aluminum tariffs, and granted 42. (WSJ)
The European Union will start imposing retaliatory tariffs on U.S. goods from bourbon to motorcycles on Friday. (WSJ)
A Saudi-led coalition captured the airport of Hodeidah in Yemen as it seeks to control the Red Sea port. (WSJ)
Western oil companies have slashed capital spending, threatening future supply as inventories dwindle. (WSJ)
Chinese smartphone maker Xiaomi Corp. has dropped the target for its initial public offering next month to $6 billion, down from $10 billion. (WSJ)
Daimler AG issued a surprise profit warning that Chinese tariffs will hit its U.S.-built SUVs. (WSJ)
Amazon.com Inc. is flexing its lobbying muscle in Washington, D.C. (WSJ)
A California-led coalition of states is pushing car companies to sell more zero-emission vehicles. (WSJ)
Starbucks Corp. is closing more stores as U.S. sales slow. (WSJ)
Foxconn Technology Group is buying a stake in U.S. television-maker Vizio Inc. (Nikkei Asian Review)
Hyundai Motor Co. and Volkswagen AG’s Audi brand will collaborate on hydrogen car technology. (Reuters)
Commodities trader Cargill Inc. plans to cut carbon emissions from its international shipping unit by up to 15% by 2020. (Reuters)
CMA CGM SA is buying Finnish regional vessel operator Containerships. (Seatrade Maritime)
Penske Logistics is buying Epes Transport System Inc. to expand into for-hire trucking. (Journal of Commerce)
|