By Tim Hepher PARIS (Reuters) – Europe’s Airbus on Wednesday highlighted the impact of growing trade tensions after Europe followed the United States in increasing tariffs on Chinese elect[...]
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June 12, 2024
US sanctions Hong Kong, UAE firms for dealing with Russian gold
By Polina Devitt LONDON (Reuters) – The United States imposed sanctions on Wednesday on several Hong Kong firms, including VPower Finance Security, for aiding trade in gold produced by an alread[...]
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EU hits Chinese EVs with tariffs, drawing rebuke from Beijing
By Philip Blenkinsop BRUSSELS (Reuters) -The European Commission said it will impose extra duties of up to 38.1% on imported Chinese electric cars from July, risking retaliation from Beijing which sai[...]
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Thousands of Amazon Flex drivers file for arbitration over contractor status
By Nilutpal Timsina (Reuters) – Thousands of Amazon.com Flex drivers classified as contractors filed arbitration claims on Tuesday, , their lawyer told Reuters, saying they should be treated as[...]
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US court nixes order barring Amazon from firing pro-union workers
By Daniel Wiessner (Reuters) -A U.S. appeals court on Wednesday tossed out a judge’s order that required Amazon.com to refrain from firing union supporters amid a nationwide organizing campaign[...]
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Microsoft, BlackRock CEOs expected to attend G7 session in Italy
BARI, Italy (Reuters) – The heads of U.S. corporate heavyweights Microsoft and BlackRock are expected to attend talks on infrastructure development during the Group of Seven (G7) summit in south[...]
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Europe’s automakers fret as China EV tariff fears become reality
By Nick Carey LONDON (Reuters) – The European Commission’s decision to slap tariffs on imported Chinese EVs could have far-reaching effects for European automakers, as a possible trade war[...]
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U.S. bus company Coach files for bankruptcy to sell its business
By Dietrich Knauth NEW YORK (Reuters) – Coach USA, the operator of Megabus and other commuter bus lines in the U.S. and Canada, filed for bankruptcy protection in Delaware late Tuesday, seeking[...]
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Caterpillar boosts buyback authorization by $20 billion, raises dividend
(Reuters) -Caterpillar has raised its share repurchase authorization by $20 billion and quarterly dividend by 8%, the company said on Wednesday, sending its shares up 2%. With the expanded authorizati[...]
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