Edition:
United Kingdom

Rajesh Kumar Singh

Deere to slash costs after trade war hits earnings

16 Aug 2019

CHICAGO Deere & Co. on Friday announced a review of costs after a combination of the U.S.-China trade war and bad weather dented its quarterly profits, forcing the company to trim its full-year earnings forecast for a second time in the past three months.

Farm equipment maker Deere's dealers reel from trade war, bad weather

09 Aug 2019

CHICAGO When China announced this week that it had stopped buying U.S. agricultural products and might impose additional tariffs on farm shipments from America, Dave Schmidt braced for another blow to his business.

Explainer: Trump's China tariffs - Paid by U.S. importers, not by China

02 Aug 2019

CHICAGO With U.S. President Donald Trump's announcement on Thursday of tariffs on another $300 billion (£247.3 billion) of Chinese imports, nearly all goods from China will be subject to import taxes, and Trump says they generate billions of dollars in revenues for the U.S. Treasury from China.

Caterpillar earnings disappoint on weak China sales, higher costs

24 Jul 2019

CHICAGO Caterpillar Inc's earnings on Wednesday missed Wall Street's estimates, hurt by a combination of weak sales in China and higher production and restructuring costs, sending its shares lower. | Video

Sales to emerging markets a bright spot for Harley Davidson

23 Jul 2019

CHICAGO Harley-Davidson Inc on Tuesday reported stronger sales in China and other Asian markets and said U.S. sales should improve in the second half of the year, positive news that offset a cut to its full-year motorcycle forecast and sent shares up 5.3 percent.

Harley-Davidson workers in Wisconsin reject new labor contract

02 Apr 2019

CHICAGO Harley-Davidson Inc's workers in Milwaukee and Tomahawk, Wisconsin, have rejected the motorcycle maker's proposal for a five-year contract, their union said on Tuesday, citing non-financial issues such as temporary workers and job security.

RPT-INSIGHT-A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise

29 Mar 2019

CHICAGO, March 29 Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports.

A tax on a tax: U.S. customs demands bigger bonds as trade tariffs rise

29 Mar 2019

CHICAGO Stephen Wang is counting the costs of President Donald Trump's trade war. He had to put down 12 times more cash as a guarantee to U.S. customs that he would pay the bill for tariffs on the Chinese-made pumps, valves and motors he imports.

World News

EU rebuffs Johnson's opening Brexit bid

Prime Minister Boris Johnson's demand that the European Union reopen the Brexit divorce deal was rebuffed on Tuesday by the bloc, which said Britain had failed to propose any realistic alternative to an agreed insurance policy for the Irish border.