GlaxoSmithKline considers splitting up 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.

Wall Street braces for tariff fallout as S&P 500 companies report

Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.

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.

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.

Trump threatens tariffs on all $500 billion of Chinese imports

U.S. President Donald Trump on Friday said he was ready to impose tariffs on all $500 billion of imported goods from China, threatening to escalate a clash over trade policy that has unnerved financial markets.

Luxembourg police deploy Tesla cars to help nab criminals

Police in Luxembourg have added two Tesla electric cars to their fleet, hoping that their rapid acceleration capacity will help them nab more criminals and speed offenders while also trimming the tiny country's carbon emissions.

U.S. carmakers expected to warn of tariff pain when releasing results

When Detroit's automakers report earnings on Wednesday, they are likely to highlight escalating tariffs and use the opportunity to warn investors of far greater pain ahead should U.S. President Donald Trump impose broader tariffs on the industry's vehicles and parts, consultants and analysts said.

Speculators lift net long USD bets to highest since March 2017 -CFTC, Reuters

Speculators raised bullish bets on the U.S. dollar to the largest position since March 2017, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.

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