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China urges U.S. to 'pull back from brink' as Trump unveils tariffs

BEIJING/SHANGHAI China urged the United States on Friday to "pull back from the brink" as President Donald Trump's plans for tariffs on up to $60 billion in Chinese goods brought the world's two largest economies closer to a trade war. | Video

Recent Business News

Tencent loses $24 billion in market cap after Naspers' selldown

HONG KONG China's Tencent Holdings Ltd saw its shares down 4.51 percent at the midday trading break on Friday after the internet firm's largest shareholder, Naspers Ltd , said it would lower its stake for the first time in 17 years.

Tech, Africa 12:55am EDT

Boeing will not appeal trade case against Bombardier: spokesman

MONTREAL Boeing Co will not appeal against the U.S. trade commission ruling that allows Canada's Bombardier Inc to sell its newest jets to U.S. airlines without heavy duties, a Boeing spokesman said on Thursday.

Mar 22 2018

Goldman Sachs CEO says sovereign balance sheets look risky

BOSTON Goldman Sachs Group Inc Chief Executive Lloyd Blankfein said on Thursday sovereign country balance sheets look risky to him as deficits become a larger percentage of their gross domestic product.

Mar 22 2018

Ackman exits Nike stake with $100 million in profit: source

Investor William Ackman has stepped out of his Nike sneakers, at least in a financial sense.

Mar 22 2018

U.S. Justice Department urges judge to block AT&T-Time Warner merger

WASHINGTON The U.S. Justice Department squared off on Thursday with AT&T Inc in a long anticipated trial, as the two sides disputed whether AT&T's $85 billion purchase of Time Warner Inc would be good for consumers or an expensive drag on innovation. | Video

Mar 22 2018


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