A diplomatic row between Japan and South Korea spilled over into a World Trade Organization meeting on Tuesday, where Seoul's ambassador accused Japan of imposing illegal export controls due to a "damage of trust", threatening to disrupt the global supply chain of electronic goods, a trade official said.
A growing understanding in the car industry of the value of combustion engine technology able to meet new anti-pollution requirements is likely to fuel a wave of consolidation in the next two years, industry executives and bankers say.
PepsiCo Inc's quarterly revenue and profit beat Wall Street estimates on Tuesday, boosted by higher sales of its traditional Pepsi soda as well as snacks Lay's and Dorito chips.
White House economic adviser Larry Kudlow on Tuesday said China was expected to move forward with agricultural purchases from the United States even as trade talks resumed between the two countries, with top officials slated to talk by phone this week.
Stock markets around the world broadly fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and as hopes dwindled over a hefty U.S. interest rate cut this month.
The Mexican government has questioned Louis Vuitton's use of a traditional Mexican pattern in the design of a chair, less than a month after it sent a similar letter to another prominent fashion house.
Network gear maker Cisco Systems Inc said on Tuesday it would buy optical component maker Acacia Communications Inc for $2.84 billion in cash, as it seeks to garner a bigger chunk of 5G spending by telecom companies.
ABB is pressing ahead with a review of its underperforming businesses and expects a turbulent 2019 amid a slowdown in some markets and China-U.S. trade tensions, Chairman and interim Chief Executive Peter Voser told Reuters.
Strong, widespread gains in June catapulted hedge funds to their best start to a calendar year in a decade as equity bets paid off.
U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin spoke with Chinese Vice Premier Liu He and Minister Zhong Shan on Tuesday to continue negotiations to resolve outstanding trade issues, a U.S. official said.
Mark Nordlicht, the founder of defunct hedge fund firm Platinum Partners, was found guilty on Tuesday of defrauding bondholders of an oil exploration company Platinum controlled, but cleared of charges that he defrauded investors in Platinum's hedge funds.
Japan denied imposing a trade embargo on South Korea on Tuesday, after a complicated diplomatic dispute that could disrupt global supplies of chips and smartphones erupted over forced labor in World War Two and banned trade with North Korea.
U.S. stocks were near flat on Tuesday as gains in internet shares were offset by fresh warnings from companies about the impact of the U.S.-China trade dispute on earnings.
A gauge of stock markets around the world fell on Tuesday as trade tensions weighed on the outlook for corporate earnings and hopes dwindled over a hefty U.S. interest rate cut, while Mexico's peso tumbled after the country's finance minister resigned.
The Trump administration will exempt 110 Chinese products, from medical equipment to key capacitors, from hefty tariffs, it said on Tuesday, offering relief to some U.S. firms which have said the taxes harm their bottom lines.