businessNews

(Reuters) – Tesla Inc crossed its long-elusive target of producing 5,000 Model 3 cars in a week after several delays, and reaffirmed its positive cash flow and profit forecast for the rest of the year.

(Reuters) – Losses in shares of technology and industrial companies dragged Wall Street lower on the first trading day of the second half of this year, as risk of an escalating tariff war between Washington and its trading partners continued to weigh o…

FRANKFURT (Reuters) – Volkswagen said its components development and manufacturing business would become an independent entity within the group from January 2019, alongside the VW Passenger Cars business and Volkswagen Commercial Vehicles.

LONDON (Reuters) – Nestle faces greater pressure to speed up change after activist investor Third Point stepped up its criticism of the world’s largest food company.

BRUSSELS (Reuters) – The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.

(Reuters) – Dell Technologies Inc said on Monday it would buy the tracking stock of VMware Inc in a cash and stock deal, taking a step closer to a return to the public market and ending a months-long review of its business.

LONDON (Reuters) – Nestle faces greater pressure to speed up change after activist investor Third Point stepped up its criticism of the world’s largest food company.

(Reuters) – U.S. stock index futures were lower on the first trading day of the second half of this year, as worries of a trade war between the United States and other major economies did not let up.

GENEVA (Reuters) – U.S. President Donald Trump has ordered the drafting of legislation that would mean abandoning key disciplines agreed at the World Trade Organization, Axios news website reported late on Sunday, to a skeptical response from trade exp…

(Reuters) – U.S. computer maker Dell Technologies Inc said on Monday it will buy out the holders of shares that track the performance of VMware Inc using a mix of cash and equity in Dell.

LONDON (Reuters) – Oil prices fell on Monday as supplies from Saudi Arabia and Russia rose while economic growth stumbled in Asia amid an escalating trade dispute with the United States.

BERKELEY HEIGHTS, N.J. (Reuters) – President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower exports from Iran.

WASHINGTON (Reuters) – The U.S. Chamber of Commerce, the nation’s largest business group and customarily a close ally of President Donald Trump’s Republican Party, is launching a campaign on Monday to oppose Trump’s trade tariff policies.

LONDON (Reuters) – A renewed slide in Chinese shares and a sobering set of factory surveys sucked world shares lower on Monday, while European markets and the Mexican peso were both jolted by political developments at home.