BBC Business Headlines

EU to launch counter-tariffs against US on Friday
The move comes after President Donald Trump imposed steep duties on steel and aluminium in May.


Daimler expects lower 2018 earnings due to new tariffs
The Germany carmaker says new Chinese tariffs on US vehicle imports would have a direct impact on its sales.


UK government borrowing falls more than expected
Public sector borrowing fell to £5bn in May, down £2bn from a year earlier, official figures show.


Australia's Toys R Us stores to close down
The Australian arm of the US chain has 44 stores across the country and employs about 700 people.


Dixons Carphone sees big profits fall
The retailer admits that it has "plenty of work to do" in revamping its business as annual profits slide.



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