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

BUENOS AIRES 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. | Video

Recent Business News

Trump threatens tariffs on all $500 billion of Chinese imports

WASHINGTON U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets. | Video

Jul 20 2018

Airbus CEO says eyes merger of its, BAE's jet fighter units: Sunday Times

LONDON The chief executive of Airbus said he was open to a merger of his firm's jet fighter business with that of BAE Systems , the Sunday Times reported.

4:55pm EDT

GE beats on EPS but trims cash flow target; shares fall

General Electric Co reported a smaller-than-expected drop in profit on Friday, but cut a key financial target, raising questions about its full-year outlook and sending shares sharply lower. | Video

Tech, Global Energy News Jul 20 2018

U.S. lawmakers cut anti-ZTE measure from defense bill

WASHINGTON U.S. lawmakers cut measures from a defense bill that would have reinstated sanctions on China's ZTE Corp, abandoning an attempt to punish the company for illegally shipping U.S. products to Iran and North Korea.

Microsoft shares at all-time high after bumper results

Microsoft Corp shares rose about 5 percent to an all-time high on Friday, after investors cheered another blockbuster quarter, backed by growth in its legacy software business and Azure cloud computing services. | Video

Jul 20 2018

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