GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBG..L Share News (BG.)

  • There is currently no data for BG.

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Shares of U.S. exporters tumble as China retaliates on tariffs

Wed, 04th Apr 2018 14:33

April 4 (Reuters) - Shares in U.S. exporters of everythingfrom food to planes were hammered on Wednesday after Chinaretaliated against the Trump administration's tariff plans witha list of duties on key U.S. imports including soybeans, planes,cars, beef and chemicals.

China hit back against U.S. President Donald Trump's plansto impose tariffs on $50 billion in Chinese goods with similartariffs on U.S. goods even as Trump said the country is "not ina trade war with China."

Shares in U.S. aerospace giant Boeing Co fell 5.5percent in early trade while agricultural machinery maker Deere& Co fell 5.6 percent. Soybean exporter Archer DanielsMidland Co was down 1.2 percent while anotheragribusiness Bunge Ltd fell 1 percent.

"So the fear of this ‘dispute’ turning into an all-out ‘war’is once again on the front burner," said Ken Polcari, directorof the NYSE floor division at O’Neil Securities in New York.

Investors in U.S. technology companies were rattled sincethat sector has the biggest revenue exposure to China. UniversalDisplay was down 3.7 percent. Apple Inc fell1.6 percent.

Car maker General Motors Co was down 1.8 percentwhile Ford Motor Co was off 2 percent and Tesla Incfell 4.3 percent.

Chemical provider Chemours Co shed 2.9 percent whileDowDuPont Inc dropped 3 percent.(Reporting by Sinead Carew, Lewis Krauskopf and CharlesMikolajczak in New York, Taenaz Shakir in BengaluruEditing by Jeffrey Benkoe)

More News
5 Feb 2016 11:58

Nomura reiterates 'buy' rating for BG Group

(ShareCast News) - Nomura reiterated its 'buy' rating and target price of 1150p on BG Group after the company reported a rise in full-year earnings. Pre-tax profits came to $2.97bn (£2bn) in 2015, compared with a loss of $2.3bn the previous year, despite the impact of falling oil prices. In the fin

Read more
5 Feb 2016 11:09

TOP NEWS SUMMARY: BG Meets Expectations In Last Results Before Merger

Read more
5 Feb 2016 09:37

UPDATE 1-BG profits slip on weak prices before takeover by Shell

* BG beats 2015 production target thanks to Brazil, Australia * LNG deliveries up 63 pct in 2015 * Cargoes to Asia rise 72 pct (Updates throughout) By Karolin Schaps LONDON, Feb 5 (Reuters) - Britain's BG Group, in its last results update before its takeover by Shell, re

Read more
5 Feb 2016 08:36

LONDON MARKET OPEN: Stocks Up As Investors Await US Nonfarm Payrolls

Read more
5 Feb 2016 07:37

London pre-open: Stocks seen nudging higher ahead of non-farm payrolls

(ShareCast News) - London stocks are expected to open just a touch higher on Friday as investors err on the side of caution ahead of the all-important US non-farm payrolls report. London's FTSE 100 is seen starting seven points higher than Thursday's close at 5,905. There are no major UK data relea

Read more
5 Feb 2016 07:18

BG profits slip as weak prices eat into revenue

LONDON, Feb 5 (Reuters) - Britain's BG Group, in its final results update ahead of its takeover by Shell, said on Friday core earnings fell 22 percent in the fourth quarter as low energy prices ate into profits. The large gas producer reported earnings before interest, tax, depreciation and

Read more
5 Feb 2016 07:15

BG Group Meets Expectations Despite Fall In Underlying Earnings

Read more
4 Feb 2016 17:03

LONDON MARKET CLOSE: Commodity Stocks Push Shares Up On Weak Dollar

Read more
4 Feb 2016 12:17

UPDATE 2-Shell ready for more cost cuts as earnings fall 87 pct on weak oil prices

* Income falls to $1.94 bln, in line with forecasts * Reserves replacement ratio turns negative in 2015 * Capex came to $28.9 billion * Sold $5.5 bln of assets in 2015 * Dividend held, yield above 8 pct * Shares outperform sector, rising 6.2 pct (Adds share price,

Read more
4 Feb 2016 12:08

LONDON MARKET MIDDAY: Dovish Bank Of England Votes 9-0 To Hold Rates

Read more
4 Feb 2016 10:28

WINNERS & LOSERS SUMMARY: Shell Gains As Earnings Meet Expectations

Read more
4 Feb 2016 07:22

Shell posts lowest income in at least 13 years as oil price takes toll

LONDON, Feb 4 (Reuters) - Royal Dutch Shell, Europe's largest oil company, reported its lowest annual income in at least 13 years on Thursday as slumping oil prices hit profits. Shell, whose shareholders last week approved its takeover of rival BG Group, said 2015 income fell 87 percent yea

Read more
4 Feb 2016 07:21

Shell Reports Large Fall In Earnings In 2015 As Oil Price Bites

Read more
3 Feb 2016 08:34

LONDON MARKET OPEN: Hikma Up, Hargreaves Lansdown Down In Soft Open

Read more
2 Feb 2016 17:46

CORRECTED-Total looks downstream to spur gas demand, secure markets

(Corrects paragraph 6 to show output and profit percentages are projected contributions, not current ones) * Total sees gas as key in energy transition * Seeks to help boost demand in emerging economies * Will invest in regasification plants, transport By Bate Felix

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.