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Tuesday, April 24, 2018

Volkswagen CEO says China tax hike on U.S. vehicle imports would sting

BEIJING (Reuters) - Volkswagen AG's chief executive Herbert Diess said on Tuesday that a Chinese tariff hike on U.S vehicle imports would be tough for the firm, amid a brewing trade war and threats of punitive tariffs exchanged between Washington and Beijing.


from Reuters: Business News https://ift.tt/2HVpJVS

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Rolls-Royce strikes £9bn nuclear submarine deal

A deal for nuclear submarine reactors is agreed between the Ministry of Defence and Rolls-Royce. from BBC News https://ift.tt/AGNW8L4