American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead 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
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
European stocks closed higher on the final day of a shortened trading week, as investors looked past weak euro zone data to fresh corporate earnings.
The pan-European STOXX 600 closed provisionally up almost 0.2%, with sectors and major bourses largely in positive territory.
Equities initially turned negative after the release of weak manufacturing PMI numbers out of France and Germany. German manufacturing data came in below expectations, while France's data also showed a decline in output.
PMI data for the euro zone came also came in below forecasts, stoking concerns of a slowdown in the region. The euro fell to a one-week low against the dollar after the figures were released.
But investors soon turned their attention to corporate earnings, with results from consumer goods giant Unilever and energy management firm Schneider Electric beating expectations. The two companies' share prices rose toward the top of the European benchmark, both up around 3%.
On the other end, French luxury group Kering tumbled close to the bottom of the STOXX 600 after the company's earnings narrowly beat estimates on Wednesday and growth at flagship brand Gucci cooled. Shares of the Paris-listed stock fell nearly 5%.
Elsewhere, sterling also declined against the dollar, falling to around $1.3001 despite the U.K. posting strong retail sales figures for March.
On Wall Street, stocks gave up most of their earlier gains on Thursday as losses in the health-care sector continued for a third straight day.
The U.S. corporate earnings season also continued on Thursday as companies like Honeywell and BB&T reported better-than-expected profits.
So far, more than 78% of the S&P 500 companies that have reported have topped analyst expectations, according to FactSet.