Daimler Issues Profit Warning as Chinese Tariffs Hit U.S.-Built SUVs 
 

Daimler issued a surprise profit warning, saying Chinese retaliatory import duties on vehicles built in the U.S. would hit sales and profits of the SUVs it builds at its Alabama factory.

 
Deutsche Bank to Pay $205 Million in N.Y. Currency-Trading Probe 
 

New York's financial-services regulator said it fined Deutsche Bank $205 million over allegations it sought to manipulate currency prices and mislead clients.

 
Disney Sweetens Deal for Fox Assets, Topping Comcast Bid 
 

Disney raised its offer to purchase most of 21st Century Fox to more than $70 billion in cash and stock, topping an unsolicited offer from rival Comcast.

 
Abraaj to Sell Some Fund-Management Businesses to Colony Capital 
 

Troubled private-equity firm Abraaj Group said it agreed to sell its Latin America, Sub Saharan Africa, North Africa and Turkey funds-management business to Colony Capital. Financial terms weren't disclosed.

 
To Ease U.S. Concerns, Chinese Shipper Offers to Put California Terminal in a Trust 
 

Chinese state-run shipping firm Cosco has offered to put a large container terminal in Long Beach, Calif., in a U.S.-run trust to allay U.S. national-security concerns about Chinese ownership of the facility.

 
Carlyle Raises $6.55 Billion for Fifth Asia Buyout Fund 
 

Carlyle Group closed the new fund-aimed at investing in technology, consumer and other sectors across the Asia-Pacific region-after it surpassed its target of $5 billion.

 
DOT Watchdog Reviews FAA Oversight of Southwest Airlines 
 

The Transportation Department's inspector general is examining whether federal aviation inspectors have done enough to ensure safety in policing operations of Southwest Airlines.

 
Cushman & Wakefield Files for IPO 
 

Real estate services firm Cushman & Wakefield filed preliminary plans for an initial public offering, hoping to cash in on the nine-year bull market in the commercial real-estate industry.

 
Technology Provider for Clinical Trials Puts Itself On the Block 
 

CRF Health Inc., which enables electronic assessments for trial participants, has retained investment bank Jefferies LLC to explore a potential sale.

 
Smith & Wesson Parent Company Sees Another Year of Falling Sales 
 

Smith & Wesson parent company American Outdoor Brands plans to lower ad spending and firearms production to address what's expected to be at least another year of falling gun sales.

(END) Dow Jones Newswires

June 21, 2018 05:00 ET (09:00 GMT)

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