Asian firms’ confidence sinks to near three-year low on trade war fears: Thomson Reuters/INSEAD poll

Confidence among Asian companies slumped to the weakest in almost three years in the third quarter as businesses feared blowback from a worsening global trade war, a Thomson Reuters/INSEAD survey showed.

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.

Global stocks, U.S. bond yields rise as trade row fails to dent confidence

Asian stocks rose and U.S. Treasury yields hovered near four-month highs on Wednesday, as investors looked past the latest escalation in the U.S.-China trade conflict, seen by some market participants as less severe than expected.

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 car maker private, the latest and biggest threat to Musk’s leadership.

WeWork tops JPMorgan as No. 1 New York tenant as coworking booms

WeWork Cos said it surpassed JP Morgan , the biggest U.S. bank, as the largest tenant of Manhattan office space, a milestone highlighting growing demand for flexible leases.

Wall Street bounces back as investors shrug off trade tensions

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

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.