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With import tariffs removed for the first time in three years, shipments of Australian wine to China surged in April, with analysts expecting producers to jump back into the lucrative market “quite quickly”.
This was CNBC's live blog covering European markets.
LONDON — Anglo American rejected a third takeover proposal from rival BHP Group on Wednesday, as the companies agreed to extend the talks deadline by one week.
(Reuters) -- Some of the steep U.S. tariff increases on an array of Chinese imports, including electric vehicles and their batteries, computer chips and medical products, will take effect on Aug. 1, the U.S. Trade Representative's office said on Wednesday.
TOKYO -- Japan's 10-year government bond yield rose to a 11-year high, as the Bank of Japan moves to normalize itsinterest rate policy and investors weigh the possibility that the central bank may raise interest rates or scale back purchases of government bonds in the near future. This has made them cautious about holding government debt.
SHANGHAI -- The first batch of China's 1 trillion yuan ($140 billion) worth of ultra-long-term treasury bonds rose as they debuted on local exchanges on Wednesday, as investors flocked to government-backed securities perceived as low-risk.
BEIJING (Reuters) -- China has banned former U.S. lawmaker Mike Gallagher from entering the country and taken other measures in response to his words and actions that "interfered in China's internal affairs," the Foreign Ministry said on Tuesday.
PARIS, France — French car giant Peugeot told CNBC this week that it's partnering with Vay, a German mobility startup, to integrate so-called "teledriving" tech — an alternative to autonomous cars — into its vehicles.