Joe McDonald, Associated Press | PostedJul 16th - 5:32am
China announced it filed a World Trade Organization challenge Monday to President Donald Trump's latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology dispute.
Germany's biggest bank, Deutsche Bank, said Monday that its earnings will be considerably higher than expected in the second quarter, a fact that it said underlines the "resilience" of the company after a period of trouble.
Sinan Salaheddin, Associated Press | PostedJul 16th - 3:37am
Iraqi security forces in the southern oil-rich province of Basra have started arresting protesters who took part in the week-long demonstrations there to demand more jobs and better services, activists said Monday.
Shares edged higher in early European trading on Monday after Asian benchmarks slipped on news that China's economy grew at a lackluster 6.7 percent pace in the last quarter. Attention was focused on the latest back-and-forth between China and the U.S. in a tariffs dispute, and on President Donald Trump's summit with Russian President Vladimir Putin, planned for later in the day.
Amazon is extending its annual "Prime Day" promotion to 36 hours this year and will try to lure more deal-seekers to the aisles of Whole Foods. Shoppers will have plenty of sales to choose from as other retailers offer promotions to try to take a share of the spending.
Richard Lardner, Associated Press | PostedJul 15th - 10:29pm
A U.S. lobbying firm sought to recruit the ambassadors of France, Germany and several other countries to demonstrate international support for severing Russian oligarch Oleg Deripaska's control of Rusal, the aluminum manufacturing giant sanctioned by Washington.
Shares edged lower in Asia early Monday after China reported lackluster growth data in line with expectations. Geopolitical and trade tensions were weighing on sentiment despite gains last week on Wall Street.