Strengthening Renault-Nissan alliance is crucial: French minister
Strengthening the alliance between car makers Renault and Nissan is crucial, said French junior economy minister Agnes Pannier-Runacher on Thursday, amid signs of a possible management shake-up at Renault.
Apple pulls police-tracking app used in Hong Kong protests after consulting authorities
Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store, saying it violated rules because it was used to ambush police.
Altcoins: Ahead of Libra, XRP cryptocurrency gains toehold in commerce
Facebook’s Libra may be grabbing all the headlines at the moment, yet a major cryptocurrency already exists that’s gained a toehold in mainstream commerce.
Global stocks recover but disquiet over trade talks lingers
Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short.
Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO – sources
State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday.
U.S. tariffs on China are working, says U.S. Secretary of Commerce
Tariffs are forcing China to pay attention to U.S. concerns, Secretary of Commerce Wilbur Ross said in Sydney on Thursday.
Top-level U.S.-China trade talks resume as irritants sour atmosphere
The United States’ and China’s top trade negotiators met on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world’s two largest economies threatened hopes for progress.
Factbox: Nearly all goods traded by U.S. and China will have tariffs by December 15
U.S. and Chinese negotiators meet in Washington on Thursday and Friday to try, once again, to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world’s largest economies.
Factbox: Snakes and ladders – SoftBank Vision Fund’s climbing, sliding valuations
The $100 billion Vision Fund of Japan’s SoftBank Group Corp has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.
Samsung Display to invest $11 billion by 2025 amid industry oversupply
Apple Inc supplier Samsung Display said on Thursday it will invest 13.1 trillion won ($11 billion) on facilities and research to upgrade a production line, as it battles severe oversupply due to weak global demand for smartphones and TVs.
