Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
The latest escalation in the trade war ups the odds the economy will fall into recession and that the Fed will aggressively cut rates.Market Insiderread more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
"We don't need China and, frankly, would be far better off without them," Trump tweeted.Politicsread more
"My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?" Trump wrote amid a series of tweets that rattled markets Friday.Politicsread more
"I would love this to be clarified. We come to a deal on trade, boy, this market is up 10 to 15%, but without it's going to be worrisome," Jeremy Siegel says.Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Tesla solar panels ignited at an Amazon warehouse in Redlands, California in June 2018, Bloomberg reports. The news comes days after Walmart sued Tesla for at least 7 fires...Technologyread more
The death comes as federal and state health officials investigate a slew of lung illnesses in connection to e-cigarette use.Health and Scienceread more
A string of negative headlines out of corporate Australia in recent weeks threatens to undermine business sentiment, casting a cloud over Australia's economic outlook.
Holden, a subsidiary of General Motors and an iconic brand for locals, said last week that it would stop making cars in Australia by the end of 2017 in a move that would lead to almost 2,900 job cuts.
(Read more: GM says to end manufacturing in Australia)
The news from two of Australia's most well-known brands is not a good sign for business confidence, which had received a boost following a change in government in September elections, analysts said.
"There is a risk that the recent news from a major airline and manufacturer is going to drag on business sentiment and that may be one of the things that constrains Australia's growth performance in coming months," said HSBC Chief Australia Economist Paul Bloxham.
National Australia Bank said last week that its measure of business sentiment ticked down a point to 5 in November. That's off a three-year high hit in October after the September election results.
Analysts said the concern was that worries about job cuts in the automobile and airlines sectors have impacted broader business confidence.
"If you just take Holden on its own; yes there are only 3,000 or so employees directly employed but there is a deep supply chain under that," John Spoehr, an associate professor at the University of Adelaide told CNBC Asia's "Cash Flow " last week.
"We commissioned some recent modeling that showed around 65,000 employees are associated with that industry in one form or another. So it's a very substantial sector with deep roots into south Australia, Victoria and New south wales," he said.
David Walker, head of equities research at StocksInValue.com.au, added: "Australia is losing employment in manufacturing, media, agriculture and that's one reason why our unemployment rate is heading above 6 percent next year." Australia's unemployment rate is at 5.8 percent.
(Read more: Australia to be 'odd one out' in 2014: Goldman Sachs)
The big picture
Analysts said that while the recent headlines out of corporate Australia did not make for good reading, there were reasons to remain upbeat about the outlook.
Record low interest rates, for instance, should help underpin economic growth next year, they added. The Reserve Bank of Australia's key interest rate is at 2.5 percent.
Credit ratings agency Standard & Poor's has said that the troubles facing Qantas and Holden should not be viewed as sign that the nation's economy is derailing, The Sydney Morning Herald reported on Monday.
Open for business?
Still, the government may need to do more to bolster business sentiment in the months ahead, analysts said.
Prime Minister Tony Abbott declared that Australia was "open for business" after his Liberal-National Party coalition swept to power in September. That view has been called into question after the government last month blocked a $2.6 billion takeover of Australia's GrainCorp by U.S. agribusiness giant Archer Daniels Midland.
"There does appear to be less clarity about exactly how open to business we are," said HSBC's Bloxham.
In recent days Abbott has said the government was considering lifting foreign ownership restrictions for Qantas, according to Australian media.
Time will tell if such measures can help turn around the fortunes of the embattled airline.
"I wouldn't touch it [Qantas] with anyone's money. We've had it as a long-term avoid for as long as I can remember," said Walker at StocksInValue.com.au.
— By CNBC.Com's Dhara Ranasinghe; Follow her on Twitter