China to penalize $60 billion of U.S. imports in tit-for-tat move

China and the United States plunged deeper into a trade war on Tuesday after Beijing added $60 billion of U.S. products to its import tariff list in retaliation for President Donald Trump's planned levies on $200 billion worth of Chinese goods.

U.S. Justice Department probes Musk statement on taking Tesla private

Tesla Inc said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric carmaker private, the latest and biggest threat to Musk and his leadership of the electric car maker.

Wall Street ends higher, shrugs off trade worries

Wall Street rebounded on Tuesday in a broad-based rally as investors brushed aside intensifying trade rhetoric between the United States and China.

China LNG tariff casts shadow over new U.S. export terminals

China set a 10 percent tariff on U.S. liquefied natural gas (LNG) imports, extending a trade dispute into energy and casting a shadow over U.S. export terminals that would propel the United States into the world's second-largest LNG seller.

Cryptocurrency exchanges at risk of manipulation: report

Several cryptocurrency exchanges are plagued by poor market surveillance, pervasive conflicts of interest and lack sufficient customer protections, the New York Attorney General's office said in a report published on Tuesday.

Exclusive: Nestle, Unilever, Coke make bids in $4 billion-plus GSK India sale - sources

Nestle , Unilever and Coca-Cola are among bidders for GlaxoSmithKline's Indian Horlicks nutrition business, expected to fetch more than $4 billion, four people familiar with the matter said.

SeaWorld, ex-CEO settle SEC charges they hid 'Blackfish' impact

SeaWorld Entertainment Inc and former Chief Executive James Atchison will pay more than $5 million to settle U.S. Securities and Exchange Commission charges that they misled investors about the negative impact of the documentary "Blackfish" on the company.

U.S. senators seek 'painful' punishment if China's ZTE violates deal

Republican and Democratic U.S. senators introduced a bill on Tuesday that would reimpose sanctions on China's ZTE Corp if it does not fully comply with U.S. laws and an agreement with the Trump administration that ended stiff restrictions on the telecommunications equipment company.

Ferrari plans 15 new models, SUV to deliver earnings growth

Ferrari plans 15 new models, including hybrids, a utility vehicle and special editions in its drive to hit a softened but still exacting mid-term earnings target.

Trump says U.S. may make a trade deal with China at some point

President Donald Trump on Tuesday left the door open for China to negotiate an end to the trade war between Washington and Beijing, a day after imposing new tariffs on nearly $200 billion Chinese imports and threatening more if China retaliates.

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