Canadian tariffs on $12.6 bn worth of US goods have gone into effect
Canadian tariffs on metal products and 250 other US goods have gone into effect.
Canada has imposed a 25% tariff on US metal products and...
UK economy grew by 0.2% in first quarter of 2018
The UK economy grew by 0.2% in the first-quarter of the year, according to the Office for National Statistics (ONS).
The services industries made the...
Pending home sales in the US dropped in May
Contracts to buy previously owned homes dropped in May amid a shortage of properties on the market.
The National Association of Realtors said that its...
EU introduces tariffs on €2.8 billion worth of US goods
The European Union has introduced tariffs on €2.8 billion worth of US goods.
The retaliatory tariffs went into force on Friday and take the form...
Daimler issues profit warning over Chinese tariffs
Daimler, the owner of Mercedes-Benz, said in a release that it expects fewer than expected Mercedes-Benz SUV sales and higher than expected costs because...
UK government borrowing dropped more than expected in May
UK government borrowing dropped more than expected in May, with public sector borrowing down by £2 billion from a year earlier to £5 billion,...
Ford and Volkswagen exploring “strategic alliance”
Automotive giants Ford and Volkswagen are considering partnering in the development of commercial vehicles to better serve the needs of customers globally.
Ford and Volkswagen...
UK households could be £1,000 worse off because of Brexit, report finds
UK households could be up to £1,000 worse off in the event of a “no deal” Brexit, according to new research by Oliver Wyman.
The...
China says it will respond to US tariffs on Chinese goods
China has said it will respond quickly to protect itself if the US harms the country's interests.
The announcement was made as the US prepares...
US Federal Reserve hikes rates, suggests two more increases by end of 2018
The US Federal Reserve hiked rates for the seventh time since 2015 on Wednesday.
The Federal Reserve voted in favor of raising the target...