The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
The escalating trade war between Washington and Beijing dominated discussions at the G-7 gathering in France.Politicsread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Megvii is known for its facial recognition technology and while revenue grew over 350% in 2018, its losses have widened.Technologyread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread 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
May 7 (Reuters) - U.S. lithium producer Livent Corp on Tuesday cut its full-year profit and revenue forecast, citing lower delivered volumes of lithium hydroxide to some of its main customers.
Livent said it expects 2019 revenue of $435 million to $475 million, compared with its prior forecast of $495 million to $525 million.
Adjusted core earnings is expected in the range of $125 million to $145 million, while adjusted earnings per share is expected to range between 56 cents and 66 cents per diluted share.
Livent had in February forecast adjusted EBITDA of $190 million to $200 million and adjusted earnings of 92 cents to 98 cents per share.
(Reporting by Arundhati Sarkar in Bengaluru; Editing by Anil D'Silva)