US To Tax Chinese Steel Imports 266% Citing Unfair Government Subsidies
The tariffs marked the second time since December that the U.S. has penalized foreign steel producers for selling the metal at unfairly low prices.
Pentagon Chief Calls For Better Cooperation On Data Security, Encryption
U.S. Defense Secretary Ash Carter urged private and federal bodies to work together over issues of national security.
DreamWorks Animation Interested In Combining With Viacom’s Paramount Pictures, CEO Says
Jeffrey Katzenberg’s comments came close on the heels of Paramount’s announcement last week that it was looking to sell a minority stake in the company.
SeaWorld (SEAS) Admits Employees Posed As Animal Rights Activists
SeaWorld’s acknowledgement comes months after PETA alleged that a human resource employee of the company infiltrated the group.
Germany Opposes G20 Fiscal Stimulus, Warns Of Financial Volatility
Germany's stance places it squarely against the U.S. and China, which have pushed for higher government spending to boost growth in the run-up to the G-20 summit in Shanghai.
Google Tax Deal ‘Disproportionately Small,’ Says UK Watchdog
A government committee called out tax authorities for the lack of transparency over details on Google's $180 million settlement.
Shares Fall In Europe, Asia On Declining Oil Prices As Investors Turn To Safe Havens
World markets soured Wednesday due to low risk appetite among investors after Saudi Arabia ruled out any cuts in crude oil supply.
Uber Introduces Motorbike-Hailing Service, Starts Pilot Program In Bangkok
Motorcycle taxis are already popular in Thailand and other parts of Southeast Asia because of their low cost and ability to navigate easily through traffic.
Airbus To Boost A330 Production As Demand Revives, Annual Profit Rises
The European aviation giant announced plans to reverse some of its planned production cuts for 2017 as demand for its aircraft rose.
Johnson & Johnson Ordered To Pay $72 Million In Cancer Death Linked To Talcum Powder
A jury in Missouri found the healthcare giant guilty of failing to warn the public about the possible link between talcum powder and ovarian cancer.
Bill Gates Says ‘Energy Miracle’ Needed To Battle Climate Change
The Microsoft co-founder emphasized reducing carbon dioxide emissions to zero so as to drastically avert an environmental disaster.
Germany Records Largest Budget Surplus Since Reunification
Europe’s largest economy showed growth in most sectors, with the largest increases in construction, information and communication, and business services.
Standard Chartered Shares Tank As Bank Reports First Full-Year Loss In 26 Years
The London-based bank reported its first full-year loss in 26 years Tuesday, amid CEO Bill Winters' attempts to extricate it from its emerging markets troubles.
Brexit Update: Big Businesses Back Cameron’s Push to Keep Britain In EU
The heads of many of Britain’s largest companies, including EasyJet, have backed the prime minister's warning that Britain's exit from the EU would put the economy at risk.
China Consumption Growth To Stay Strong In 2016, Commerce Minister Says
China’s total retail sales of consumer goods hit $4.59 trillion in 2015, the country’s minister of commerce, Gao Hucheng, said Tuesday.
John Kerry Reaches Provisional Agreement With Russia’s Lavrov on Syria Ceasefire
Kerry said Sunday that he anticipated Obama and Putin would soon complete the provisional agreement in principle.
Syria’s Homs City Hit By Twin Car Bomb Blasts, Dozens Killed
At least 46 people were killed Sunday in one of the deadliest such attacks in the central Syrian city of Homs in five years of civil war, a monitoring group said.
India’s Caste Protests Affect Industries, Hit Water Supply In National Capital
Widespread protests in the northern state of Haryana severely hit water supplies to the national capital and forced factories to close Sunday.
Japan’s Negative Interest Rate Policy Could Bring Side Effects, Ex-BOJ Official Says
Japanese Prime Minister Shinzo Abe has defended the policy even as the country's benchmark Nikkei 225 index tumbled 10 percent since the central bank's surprise move.
Europe Refugee Crisis: Hungary’s Razor Wire Fence Failing To Keep Out Refugees, Police Say
More than 1,200 people were reportedly caught for getting through in the first 20 days of February, up from 550 in January.
US Topples France To Become Germany’s Top Trading Partner In 2015
For the first time in more than 50 years, the United States surpassed France to become the top buyer of German exports in 2015.
Brexit Update: UK Policymakers Split As British PM Cameron Sets Out EU Deal To Cabinet
Michael Gove, the justice secretary, became the first member of the Cabinet to break ranks and say he cannot support the deal.
India Sends Over 3,000 Troops To Control Protests In Northern State Of Haryana
Protesters demanding job quotas set fire to city buses, shops and hotels in the northern Indian state as the army stepped in to maintain order Saturday.
US Proposes Increase In Medicare Advantage Payments, Insurer Stocks Rise
Insurers, who have lobbied the government not to cut payments, gave the proposal a nod of approval as shares of health insurance firms rose Friday.
Zika Outbreak 2016: Proof Of Link Between Zika Virus And Birth Defects May Take 6 Months, WHO Says
Evidence is growing of a link between the virus and birth defects, said the World Health Organization, which declared the outbreak a global emergency.
Refugee Crisis: Austria Plans Further Limits On Asylum-Seekers
European Union leaders, meanwhile, warned that such measures did not comply with the bloc's legislation.
UK Retail Sales Surged 2.3% In January, Public Finances Improve
The retail sales uptick reversed the drop in numbers in December, when mild weather curbed spending on clothing.
Takata Recall: Mazda, Mitsubishi Add 2 Million Vehicles To Air Bag Recall
The faulty air bags have been linked to 11 deaths and about 100 injuries, of which eight fatalities have occurred in the U.S.
China Auto Sales Surge 7% On Tax Cuts, Holiday Shopping
Sales of passenger vehicles, including sedans, SUVs and minivans, rose to 2.23 million in January, according to a state-run industry body.
Gradual Rate Hikes Best Way Forward, San Francisco Federal Reserve Head Says
San Francisco Federal Reserve President John Williams also said that inflation was “too low,” but expected it to reach the Fed’s 2 percent goal within the next two years.
