BC-Business News Preview
MONDAY FOR TUESDAY
CHINA-US-BEIJING’S TRADE OPTIONS — China’s options to retaliate in its spiraling dispute with Washington go beyond matching U.S. tariff hikes to targeting American companies and government debt. A look at some of China’s options. By Joe McDonald. SENT: 730 words, photos.
— BMW-CHINA — Automaker BMW says it will have to raise prices on the U.S.-built SUVs it sells in China due to higher tariffs. SENT: 130 words, photos.
US-CHINA-TARIFFS — Chinese exporters are scrambling to cope with a plunge in U.S. sales while China’s state press shrugged off the impact of Washington’s tariff hikes in a spiraling technology dispute. By Joe McDonald. SENT: 770 words, photos.
— US-CHINA-TARIFFS-THE LATEST — Running updates.
STARBUCKS-STRAWS — Starbucks will eliminate plastic straws from all of its locations within two years, citing the environmental threat to oceans. SENT: 350 words, photo.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are opening higher on Wall Street, building on gains from late last week, as technology companies and banks rose. SENT: 490 words, photos. UPCOMING: 700 words by 5 p.m.
CONSUMER BORROWING — The Federal Reserve releases its May report on consumer borrowing. By Marcy Gordon. UPCOMING: 130 words after release of report at 3 p.m. 300 words by 3:45 p.m.
JAPAN-NISSAN — Nissan Motor Co. says it altered the results of exhaust emissions and fuel economy tests of new vehicles sold in Japan, in the latest misconduct to surface at the Japanese automaker. By Yuri Kageyama. SENT: 350 words, photos.
NEW ZEALAND-BOEING PLANE PURCHASE — New Zealand is buying four Boeing maritime patrol planes from the U.S. to replace aging aircraft, Defense Minister Ron Mark says. By Nick Perry. SENT: 350 words, photo.
TECHNOLOGY & MEDIA:
CHINA-XIAOMI-IPO — Xiaomi Corp. shares slip and then rebound in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. SENT: 170 words, photo.
CHINA-TENCENT-MUSIC SERVICE — Tencent, China’s most valuable tech company and the operator of the popular WeChat social media platform, says it plans to spin off its streaming music service on a U.S. stock exchange. SENT: 160 words, photo.
NERDWALLET-LIZ WESTON-BUSINESS PARENT FUNDING — Parents usually want their kids to succeed, and many are accustomed to sacrificing to help make that happen. But parents shouldn’t be misled about the risks, financial planners say. By Liz Weston, NerdWallet. UPCOMING: 850 words by 11 a.m., photo.
BREXIT — Britain and the European Union insist that their divorce negotiations remain on track, after the resignation of the U.K.’s top Brexit official shook Prime Minister Theresa May’s fragile grip on power. By Jill Lawless. SENT: 660 words, photos.
EUROPE ECONOMY — European Central Bank head Mario Draghi speaks before the economic and monetary affairs committee of the European parliament. UPCOMING, timing uncertain.
GERMANY-ECONOMY — German exports rose in May, suggesting trade disputes in recent days with the United States haven’t yet damaged Europe’s biggest economy. SENT: 120 words, photo.
NEW ZEALAND-PLANE PHONE CALL — New Zealand’s transport minister said Monday he will pay a small fine for violating aviation rules by making a cellphone call from a plane. By Nick Perry. SENT: 300 words.
EGYPT-FRANCE-PLANE CRASH — Egypt is denying a report by French aviation investigators saying that a cockpit fire likely caused the crash of an EgyptAir flight from Paris to Cairo in 2016. SENT: 120 words.