Global News

Wall Street flat as earnings offset tariff threats

U.S. stocks were largely unchanged on Friday as a string of strong earnings led by Microsoft offset escalating trade anxieties driven by U.S. President Donald Trump's latest salvo of tough China tariff threats.

GlaxoSmithKline considers break-up of the group: FT

GlaxoSmithKline Plc is considering a break-up of the group after investors pressed the company's board to spin off its consumer division, the Financial Times reported on Friday.

Dollar drops on Trump criticism; U.S., Europe stocks tepid

The U.S. dollar weakened on Friday against key world currencies as President Donald Trump complained again about its strength, while U.S. and European stock markets were tepid amid fresh tariff talk and another round of corporate earnings.

U.S., European allies map out larger role for F-35 fighter

Lockheed Martin's F-35 fighter jet is arriving in growing numbers in Europe, and is poised to play a much broader role in missile defense and other warfare plans than conventional fighters, according to U.S. and European officials.

U.S. lawmakers cut anti-ZTE measure from must-pass defense bill

U.S. lawmakers who reached an agreement on a must-pass defense bill cut from the legislation a measure that would have made it harder for the president to undo sanctions slapped on China's ZTE Corp , a top Democrat in the Senate said on Friday.

Honeywell eyes supplier shift to avoid tariff hit

U.S. industrial conglomerate Honeywell International Inc said on Friday it had started sourcing some of its components from countries other than China to counter growing costs related to a tariff war between the world's two largest economies.