Of all the cases of economic espionage charged by the DOJ's National Security Division since 2012, more than 80% of them implicated China.World Politicsread more
"Whilst there is a big dispute at the moment, I think there's also potential for resolution," UBS chairman Axel Weber says of the U.S.-China trade negotiations.World Economyread more
Cryptocurrency fans will hope the futures contracts, which are federally regulated, can provide some much-needed legitimacy to bitcoin.Cryptocurrencyread more
Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on...Entertainmentread more
There are alternative financial centers and investors can turn to Singapore, Tokyo or Shanghai if Hong Kong doesn't "shape up," says the founder and chairman of Citic Capital.Asia Economyread more
The Kingdom and oil and gas industry have been slow to shore up defenses, raising red flags about the possibility of longer term fall-out in the region.Technologyread more
Tensions between South Korea and Japan may ultimately disrupt the high-end tech sectors, says Heenam Choi, CEO at South Korea's sovereign wealth fund.Traderead more
On Sunday, the 71st Primetime Emmy Awards honored the best comedies, dramas, limited and variety series from the last year.Entertainmentread more
U.S. President Donald Trump's national security advisor said on Sunday that White House Asia policy adviser Matt Pottinger would become his top deputy.Politicsread more
Removing Neumann is a difficult decision for Son, who has long believed in WeWork and Neumann's vision to quickly expand the company.Technologyread more
Datadog went public on Thursday and instantly hit a $10 billion valuation, becoming the fourth cloud software debut to reach that level this year.Technologyread more
An escalating war of words between the EU and the U.S. first began when Trump announced plans to slap hefty tariffs on steel and aluminum imports. He said "very stupid" trade deals had allowed countries from all over the world to take advantage of the world's largest economy.
That prompted a firm response from the U.S.'s trading partners, as well as criticism from the International Monetary Fund (IMF) and the World Trade Organization (WTO).
"I'm suggesting that we stop playing tit-for-tat, that we get our blood pressure to go back down to normal (and) that we sit down at the table and find a way to resolve this issue," Fiat Chrysler CEO Sergio Marchionne said Tuesday.
"I don't think we have to escalate this into a full-blown trade war," he added.
Shortly after the U.S. president's full-throated backing of tariffs, EU trade chiefs were thought to be considering whether or not to impose a 25 percent tax on around $3.5 billion of U.S. imports, Reuters reported.
European Commission President Jean-Claude Juncker had previously vowed to react firmly to Trump's tariff threats.
"If the E.U. wants to further increase their already massive tariffs and barriers on U.S. companies doing business there, we will simply apply a tax on their cars which freely pour into the U.S.," Trump said on Twitter.
That could spell trouble for European carmakers given that several of the continent's most popular brands have a major manufacturing footprint in the U.S.
"Free and fair trade is the best for all societies and at the end of the day it delivers win-win situations. I hope the politicians really think about it and create win-win situations for their societies," Ralf Speth, CEO at Jaguar Land Rover, told CNBC on Tuesday.
Speaking at the Geneva Motor Show in Switzerland, Speth said it was impossible to be concerned about the prospect of a brewing trade war at this stage because "hardly any" information on how it would play out was available.
EU and U.S. auto-related trade account for around 10 percent of total trade between the two regions, according to the latest data from the European Automobile Manufacturers' Association (ACEA).
The Brussels-based lobbying group also said that the U.S. is the number one destination for EU car exports both in terms of units (approximately a 20 percent share) and value (almost a 30 percent share).
"If you really think this through, I think everybody will realize that free trade and openness is beneficial for everybody," Hakan Samuelsson, CEO at Volvo Cars, told CNBC on Tuesday.
When asked to what extent it would likely damage transatlantic business operations for the Swedish carmaker, Samuelsson said: "It would be very bad, of course, but I think it is too early to speculate about that."
On Monday, the CEO of VW Group said he was "calmly assessing" the situation and would be prepared to take the "necessary decisions." Matthias Mueller added there was no need to react to the threat of additional taxes on European car sales to U.S. customers at this moment.