Exclusive: Canada set to postpone Huawei 5G decision to after vote, given sour ties with China – sources
Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election, given increasingly strained relations with Beijing, say three well-placed sources.
U.S. Treasury’s Mnuchin to give briefing on cryptocurrency on Monday
U.S. Treasury Secretary Steven Mnuchin will give a briefing on cryptocurrency at 2:00 pm ET (1800 GMT) on Monday from the White House briefing room, a White House official said.
LVMH pairs with Stella McCartney, igniting fashion rivalries
French luxury goods group LVMH on Monday announced a tie-up with Stella McCartney, just months after the British designer known for her animal-friendly ethics ended a long-term partnership the conglomerate’s arch-rival Kering .
Wall Street slightly lower as Citi results weigh on bank stocks
Wall Street’s three main indexes edged lower in choppy trade on Monday, easing from record highs, as declines in Boeing and bank stocks after Citigroup’s quarterly report were tempered by a rise in healthcare shares.
Oklahoma lawyers at trial’s end say opioid ‘kingpin’ J&J fueled epidemic
Lawyers for the state of Oklahoma on Monday compared Johnson & Johnson to a drug cartel leader as they sought to hold the drugmaker responsible for fueling the U.S. opioid epidemic in the first trial to result from lawsuits over the crisis.
Trump says has ‘better’ plan if Congress doesn’t pass U.S.-Mexico-Canada trade deal
President Donald Trump said on Monday he has “a better plan” if the U.S. Congress does not pass a new trade deal with Canada and Mexico.
Charles Schwab in talks to buy USAA wealth-management, brokerage units: WSJ
Charles Schwab Corp is in talks to buy brokerage and wealth-management operations from USAA for about $2 billion, the Wall Street Journal reported on Monday, citing people familiar with the matter.
Russia’s Aeroflot plans to add nine Airbus A320 Neo to fleet-documents
Russia’s national flag carrier Aeroflot is planning to add nine medium-haul A320 Neo Airbus planes for about $870 million to its fleet next year, procurement documents show.
United Airlines extends suspension of Delhi, Mumbai flights to Oct. 26
United Airlines Holdings Inc said on Monday it was extending the suspension of its flights from the United States to Delhi and Mumbai in India until Oct. 26, citing continued restriction of Pakistani airspace.
Oil prices slip on mixed Chinese economic data, storm impact
Oil prices fell on Monday on mixed Chinese economic data and signs that the impact of a tropical storm on U.S. Gulf Coast production and refining would be short-lived.