The U.S. auto industry urged President Donald Trump's administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce Department sent a confidential report to the White House late on Sunday with its recommendations for how to proceed.
Asian shares hovered near four-month highs on Tuesday, supported by hopes that Sino-U.S. trade talks were making progress and expectations of policy stimulus from central banks.
Mongolia has temporarily suspended operations of all KFC restaurants in the country to conduct an inquiry, as 42 people were hospitalized and hundreds showed food poisoning symptoms after eating at one of the outlets of the fast-food chain.
U.S. President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, Juncker was quoted in a published interview as saying on Monday.
Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told Reuters, in the latest blow to the UK car industry as Brexit approaches.
Papa John's International Inc founder John Schnatter welcomes hedge fund Starboard Value LP's investment in the pizza restaurant chain, his lawyer said, even as he filed an updated lawsuit on Monday against the company.
Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led by producer cartel OPEC still meant markets were relatively tight.
| S&P » | 2,775.60 | +1.09% |
| Dow » | 25,883.25 | +1.74% |
| FTSE 100 » | 7,219.47 | -0.24% |
| Nikkei 225 » | 21,297.67 | +0.07% |
| US 10YR |
+2.670
|
+0.004 |
| DE 10YR |
+0.109
|
-0.001 |
| JP 10YR |
-0.018
|
+0.005 |
| USD / EUR » | 0.8850 | +0.12% |
| USD / GBP » | 0.7750 | +0.18% |
| USD / JPY » | 110.4700 | -0.12% |