Huawei head says group can sign ‘no backdoor’ deal with any country: Italy paper
Huawei Technologies, the Chinese technology and telecoms group under pressure from the United States, is ready to sign a “no backdoor” agreement with any country, its founder told an Italian newspaper on Tuesday.
ECB, Fed rate cut hopes lift global stocks, sterling sags
Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Uni…
South Korea’s LG Display posts deeper second quarter loss on TV panel supply glut
South Korea’s LG Display Co Ltd on Tuesday posted a deeper second-quarter operating loss that missed analyst estimates, as a global supply glut pushed down prices of screens for television sets.
Oil rises on Mideast tensions, glum demand outlook caps gains
Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to keep global markets adequately supplied.
Warren Buffett’s charity lunch with cryptocurrency entrepreneur postponed
Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun’s TRON Foundation.
ECB, Fed rate cut hopes lift stocks, sterling sags
Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime minister Boris Johnson would lead Britain into a no-deal exit from the European Uni…
Power traders tackle renewables puzzle in Danish ‘Silicon Valley’
Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power markets, easing the shift to renewables with technology that also carries some risks.
Oil creeps up as MidEast tensions flare, but gains capped by glum demand outlook
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to …
UBS posts surprise second quarter profit boost
UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investment banking fall and boosted its Swiss retail and corporate banking business.
Oil inches up amid Middle East tensions; frail demand outlook caps gains
Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid on gains, helped by a vow by the International Energy Agency (IEA) to take swift action to …
