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Volkswagen shares were up 2.7% in early trade on Tuesday after the multi-brand carmaking group said it would press ahead with a listing of its trucks unit Traton in what could be Germany’s biggest share offering this year. Press Release Distribution Service

European Trade Commissioner Cecilia Malmstroem expects U.S. President Donald Trump to delay a May 18 deadline for U.S. tariffs on cars imported from the European union, according to an interview published in the Sueddeutsche newspaper on Monday. Press Release Distribution Service

iPhone assembler Foxconn is poised to nominate its chip unit head as group chairman to succeed Taiwan presidential hopeful Terry Gou, in what is internally seen as a surprise move, two people with direct knowledge of the matter said. Press Release Distribution Service

China’s nationalist Global Times tabloid said in an editorial on Sunday that the United States would not have more bargaining chips at the negotiation table with China once the trade war intensifies. Press Release Distribution Service

China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Press Release Distribution Service

China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trade chief to begin the process of imposing tariffs on all remaining imports from China. Press Release Distribution Service

Huawei Technologies Co Ltd lawyer James Cole’s prior work at the U.S. Department of Justice created conflicts of interest that should disqualify him from defending the Chinese company in a case of alleged bank fraud and sanctions violations, U.S. prosecutors said in a filing on Friday. Press Release Distribution Service

U.S. President Donald Trump’s tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal. Press Release Distribution Service

Occidental Petroleum Chief Executive Vicki Hollub takes her case for buying Anadarko Petroleum to the company’s shareholders on Friday, bolstered by rapid deal-making that put her on the cusp of victory. Press Release Distribution Service

Japanese conglomerate SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a better-than-expected annual profit. Press Release Distribution Service

U.S. asset manager BlackRock has pulled out of a proposed rescue of Italian bank Carige, raising the prospect that the government could be drawn into another costly state bailout. Press Release Distribution Service

JPMorgan could become the first foreign company to own a majority stake in its Chinese mutual fund business, after its joint venture partner put a crucial 2 percent of the business up for sale that analysts expect the Wall Street bank to lap up. Press Release Distribution Service

China’s exports unexpectedly shrank in April but imports surprised with their first increase in five months, painting a mixed picture of the economy as Washington ratchets up pressure on Beijing with threats of more punishing tariffs. Press Release Distribution Service

The United States and China must avoid escalating trade tensions in their current negotiations to keep global growth on track, French Finance Minister Bruno Le Maire said on Tuesday. Press Release Distribution Service

China backtracked on substantial commitments it made during trade talks with the United States, prompting President Donald Trump to impose additional tariffs on Chinese goods slated to go into effect on Friday, top U.S. trade officials said on Monday. Press Release Distribution Service

Over the past year, a team of as many as 260 contract workers in Hyderabad, India has ploughed through millions of Facebook Inc photos, status updates and other content posted since 2014. Press Release Distribution Service

Facebook Inc has thousands of content labelers around the world who categorize content with the aim of creating large datasets that can be more readily analyzed by humans and software. Press Release Distribution Service

Warren Buffett on Saturday signaled his commitment to Kraft Heinz Co and defended his actions toward Wells Fargo & Co, two of the largest investments at his Berkshire Hathaway Inc, despite mistakes at both that have caused many investors to sour on them. Press Release Distribution Service

Billionaire Warren Buffett wants to do more business in the United Kingdom and Europe regardless of how Brexit turns out. Press Release Distribution Service

Tens of thousands of shareholders of Berkshire Hathaway Inc will gather in Omaha this weekend to hear life advice from billionaire Warren Buffett, but they also will look for clues on what he plans to do with his company’s cash. Press Release Distribution Service

Two Exxon Mobil Corp shareholders said on Friday they would withhold their support for the re-election of all ExxonMobil directors at the company’s annual meeting due to the U.S. oil major’s “inadequate response” to climate change. Press Release Distribution Service

U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing to solid economic growth and moderate inflation pressures. Press Release Distribution Service