Lawyers for Huawei CFO urge Canada to withdraw extradition proceedings
Lawyers for Huawei’s chief financial officer urged Canada’s justice minister on Monday to withdraw extradition proceedings against Meng Wanzhou, who has been detained in Vancouver since December on U.S. fraud charges.
Exclusive: Dirty oil crisis over for Russia, but contagion felt on high seas
In the opinion of Russian officials, the oil contamination crisis that disrupted flows from the world’s second-largest exporter of crude this spring is long over.
S&P 500 slips as healthcare drags, investors eye G20 summit
The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the technology sector, while investors awaited U.S. President Donald Trump’s meeting with Chinese President Xi Jinping at the G20 summit this week.
U.S. tariffs on China-made consumer tech goods seen cutting sales, delaying upgrades
U.S. consumers will delay or forgo technology upgrades if President Donald Trump imposes a new round of 25% tariffs on Chinese goods, slowing the U.S. innovation engine, technology industry executives said on Monday.
Factbox: Alphabet unveils Toronto smart city master plan details
Alphabet on Monday released details of a proposed smart city development for Toronto, outlining plans in a 1,500 page document. Sidewalk Labs CEO Dan Doctoroff said at a press conference that Sidewalk Labs, an Alphabet unit, will not disclose personal …
Beauty retailers fall after Amazon opens store for professionals
Shares of a number of specialized beauty retailers fell on Monday after Amazon.com Inc said it had started selling beauty products used by licensed stylists, barbers and beauticians.
S&P edges lower as healthcare shares fall
The S&P 500 edged lower on Monday as losses by healthcare companies overshadowed gains in the technology sector, while investors looked to U.S. President Donald Trump’s meeting with his Chinese counterpart Xi Jinping at the G20 summit later this week.
Oil mixed on crude demand fears and U.S.-Iran tensions
Oil prices were mixed on Monday as market concerns about the possibility of a conflict between the United States and Iran eased, while worries about declining crude demand resurfaced.
Oklahoma judge approves Teva’s $85 million opioid settlement
An Oklahoma judge on Monday approved a revised $85 million (£66.7 million) settlement with Teva Pharmaceutical Industries Ltd resolving claims by the state’s attorney general that the drugmaker helped fuel the U.S. opioid epidemic.
U.S. waives tariffs on Japanese aluminum for Tesla battery cells
The U.S. Commerce Department has agreed to Tesla Inc’s request to waive 10 percent tariffs on imported aluminum from Japan used in the manufacture of battery cells at Tesla’s Nevada Gigafactory, government documents show.
