Europe: Stocks edge lower as threat of US tariffs hits Airbus, suppliers

European shares opened slightly lower on Tuesday, weighed down by planemaker Airbus and its suppliers, which took a hit from proposed US tariffs, while an event-packed week kept investors cautious.[FRANKFURT] European shares opened slightly lower on Tuesday, weighed down by planemaker Airbus and its suppliers, which took a hit from proposed US tariffs, while an event-packed week kept investors cautious.

Shares of planemaker Airbus dropped 2.5 per cent after the US Trade Representative proposed tariffs on a list of European Union products including large commercial aircraft and parts. Washington is seeking to retaliate for more than US$11 billion worth of EU subsidies to Airbus that the World Trade Organization has found cause"adverse effects" for the United States.sentifi.

Merck KGaA dipped on winning the backing of Versum's board for a sweetened US$6.5 billion takeover bid, overturning an agreed merger with rival Entegris as it bets on a recovery in electronic materials markets.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Europe: Stocks hit six-month high as automakers, insurers gain[BENGALURU] European shares hit their highest in half a year on Tuesday, buoyed by autos and insurance stocks and gains among export-heavy London stocks as Brexit uncertainty weakened the pound. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Europe: Stocks snap winning run, Commerzbank in merger focusEurope: Stocks snap winning run, Commerzbank in merger focus
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Europe: Shares fall as tech, auto stocks weigh[FRANKFURT] European stocks opened broadly lower on Monday following a week of strong gains, as dismal German trade data hurt auto makers and software company SAP dragged the tech sector lower after it announced another departure in its top management. Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

Tokyo: Stocks open higher as US jobs data eyedProperty field_blurb Read more at The Business Times.
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »

US: Stocks in split finish as China trade talks drag onUS: Stocks in split finish as China trade talks drag on
Herkunft: BusinessTimes - 🏆 15. / 51 Weiterlesen »