Graphic: Gazing into the recession crystal ball
The protracted trade war between China and the United States and a deteriorating global growth outlook have left investors nervous that the longest expansion in American history is at risk of ending.
Graphic: Wall Street’s high-stake bets on calm less risky than they seem
At a glance, a near-record accumulation of speculative bets on market tranquility looks like it couldn’t have come at a worse time.
Asian stocks climb as trade deal hopes flicker among Trump’s mixed signals
Stock markets in Asia inched up on Thursday on the possibility that China and the United States may soon seal a “phase one” deal to end their 17-month trade war, but conflicting messages from U.S. President Donald Trump kept a lid on the advance.
Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio – sources
General Motors and South Korea’s LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters.
Huawei appeals against U.S. ban on rural carrier customers accessing subsidies
China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and moved to bar it from a government subsidy program.
Huawei files appeal in U.S. court against FCC’s rural carrier purchase ban
China’s Huawei has mounted a legal challenge against the U.S. Federal Communications Commission (FCC) after the body designated the technology giant as a security threat and tried to bar it from a government subsidy program.
British cave explorer felt ‘branded a pedophile’ by Elon Musk tweet
The British cave explorer suing Elon Musk testified on Wednesday he felt “branded a pedophile” by the billionaire entrepreneur, despite Musk’s assertion that his “pedo guy” tweet at the heart of the defamation case was not meant to be taken literally.
Amazon faces U.S. antitrust scrutiny on cloud business: Bloomberg
U.S. Federal Trade Commission (FTC) has broadened scrutiny of Amazon.com Inc beyond its retail operations to include cloud-computing business, Bloomberg reported on Wednesday, citing people familiar with the matter.
Asian stocks inch up on trade outlook but markets remain wary
Asian stocks edged up on Thursday on signs the United States and China were on track for a preliminary trade deal, though optimism was tempered by the almost daily shifts in prospects for defusing the damaging tariff war now in its second year.
CBS, Viacom complete merger in a win for Shari Redstone
CBS Corp and Viacom Inc completed their merger on Wednesday, reuniting media mogul Sumner Redstone’s U.S. entertainment empire.
