BMW warns profits will fall due to costs, trade uncertainty

German automaker BMW said Wednesday that profits in 2019 would be "well below" last year's and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology.

Solar industry on edge as Trump weighs tariffs on panels

Solar energy is booming in the United States, but companies riding the wave fear that President Donald Trump could undercut them this week if he decides to impose new tariffs on imported solar panels.

Chinese solar industry faces weak sales, price war

Chinese solar panel makers that grew fast over the past decade are suffering big losses due to slumping global sales and a price war that threaten an industry seen by communist leaders as a role model for hopes to transform ...

EU travellers to get cheaper mobile messages

European travellers will pay less to send text messages and access the internet via mobile phone networks, under a compromise deal thrashed out by EU negotiators Tuesday, a spokesman said.

Chemical makers oppose new tariffs

In June, chemical manufacturers converged on Washington, D.C., to urge the Office of the U.S. Trade Representative (USTR) to remove certain chemicals from a new list of tariffs proposed by the Trump administration. The additional ...

Game console makers oppose China tariffs

Game console makers Microsoft, Sony and Nintendo have joined forces in opposing expanded tariffs on China, saying the plan would make their products unaffordable for the coming holiday season.

Walmart reports jump in profit, warns on tariffs

Walmart reported a jump in first-quarter earnings on Thursday on increased US store sales and e-commerce growth but warned that higher US tariffs could hit its business.

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