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Oil steadies as Saudi pushes for further supply cuts
Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election. Press Release Distribution Service
Foxconn’s Gou to discuss trade war, investment on U.S. trip
Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S. President Donald Trump again. Press Release Distribution Service
Factbox: Elon Musk’s tweets bring controversy, nearly 30 million followers
British cave explorer Vernon Unsworth is suing Tesla Chief Executive Elon Musk for defamation over three tweets on July 15, 2018, including one in which Musk allegedly branded him a pedophile, calling him “pedo guy.” Press Release Distribution Service
Elon Musk goes on trial in U.S. for defamation over ‘pedo guy’ tweet
Elon Musk is known for his eccentric, sometimes controversial use of Twitter. Now, Tesla Inc’s chief executive may have to pay for using Twitter to brand someone a pedophile. Press Release Distribution Service
Elon Musk’s jury to be queried on opinions of billionaires, visitors to Thailand
Potential jurors in the defamation trial of high-tech entrepreneur Elon Musk may be excused from the case if they voice strong feelings about billionaires or people who visit Thailand. Press Release Distribution Service
Exclusive: White House considered kicking Huawei out of U.S. banking system – sources
The Trump administration considered banning China’s Huawei from the U.S. financial system earlier this year as part of a host of policy options to thwart the blacklisted telecoms equipment giant, according to three people familiar with the matter. Press Release Distribution Service
U.S. may increase tariffs after WTO rejects EU claims over Airbus
The World Trade Organization on Monday rejected European Union claims that it no longer provides subsidies to planemaker Airbus , prompting the United States to say it could increase retaliatory tariffs on a wider range of European goods. Press Release Distribution Service
Bamboo Airways to take delivery of first Boeing Dreamliner this month
Vietnamese startup Bamboo Airways said on Tuesday it will take delivery of a Boeing 787-9 Dreamliner this month, its first wide-body aircraft, and aims to start direct flights to the United States by early 2021. Press Release Distribution Service
U.S. vows 100% tariffs on French Champagne, cheese, handbags over digital tax
The U.S. government on Monday said it may slap punitive duties of up to 100% on $2.4 billion in imports from France of Champagne, handbags, cheese and other products, after concluding that France’s new digital services tax would harm U.S. tech companies. Press Release Distribution Service
New U.S. threat of sanctions are bad for global economy – Le Maire
New tariff threats by the United States on certain French products are bad for the global economy, and France is counting upon the solidarity of its European partners as it looks to challenge the move, the French finance minister said. Press Release Distribution Service