Hong Kong leads Asian stocks lower, oil near five-month lows
Asian shares were led lower on Thursday as the Hong Kong market fell for second consecutive session following a day of massive street protests, while oil prices flirted with five-month lows due to higher U.S. crude inventories and a bleak demand outloo…
Asian stocks subdued, oil near five-month low on U.S. inventory build
Asian stocks stuttered on Thursday, dogged by the uncertainty over an intractable U.S.-China trade dispute, while oil prices flirted with five-month lows thanks to higher U.S. crude inventories and a bleaker demand outlook.
White House says it will meet two-year deadline for Huawei ban for contractors
The White House Office of Management and Budget has told the U.S. Congress it will now meet a two-year deadline to ban federal contracts with companies that do business with Chinese telecom giant Huawei, part of a defense law passed last year, accordin…
Nissan CEO: Will discuss differences in views with ‘important’ partner Renault – Jiji
Nissan Motor’s chief executive said on Thursday he would discuss differences in views over the automaker’s plan to reform its governance directly with Renault, calling the French car maker an important shareholder and partner, Jiji news agency reported…
Jet.com falls by wayside as Walmart focuses on its website, online grocery
Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an online start-up it acquired in 2016 for $3.3 billion, after it failed to live up to the world’s largest retailer’s e-commerce ambitions.
CFM wins blockbuster jet engine order from IndiGo: sources
Engine maker CFM International is poised to announce one of the world’s largest jet engine orders with a deal for more than 600 engines from India’s IndiGo, industry sources said.
Trump leaves China tariff deadline open, calls relationship ‘testy’
U.S. President Donald Trump declined to set a deadline on Wednesday for levying tariffs on another $325 billion of Chinese goods and called the relationship with Beijing good but “testy” after China walked back commitments for a trade deal.
Republican senator criticizes potential dual U.S. antitrust tech probes
The Republican chairman of the Senate’s antitrust panel criticized plans by the Justice Department and Federal Trade Commission to potentially investigate four of the biggest U.S. tech firms.
Walmart overhauls Jet.com as online business fails to deliver results
Walmart Inc on Wednesday announced a sweeping overhaul at Jet.com, an e-commerce start-up it acquired in 2016 for $3.3 billion, as the world’s largest retailer competes with Amazon and tries to grow its online revenue.
Trump confident Hong Kong and China will ‘work things out’ after protests
U.S. President Donald Trump said on Wednesday he was sure China and Hong Kong would be able to “work things out” after mass protests in the city against an extradition bill that would allow people to be sent to mainland China for trial.
