Renault board to review FCA merger move on Tuesday
The board of Renault will meet on Tuesday to discuss Fiat Chrysler’s merger offer, the French carmaker said, as Finance Minister Bruno Le Maire reiterated the government’s conditional support for the tie-up.
Pompeo to Germany: Use Huawei and lose access to our data
The United States raised the pressure on Western allies in a war of attrition over next-generation networks on Friday, saying countries that allow China’s Huawei to build their telecoms infrastructure could be cut off from crucial intelligence data.
China threatens corporate hit-list on eve of new tariffs on U.S. imports
China threatened on Friday to unveil an unprecedented hit-list of “unreliable” foreign firms, groups and individuals that harm the interests of Chinese companies, as a slate of retaliatory tariffs on imported U.S. goods was set to kick in at midnight.
Stocks shiver, bonds surge on Trump’s Mexico threat
Safe-haven sovereign bonds surged and European stocks tumbled on Friday as investors feared President Donald Trump’s shock threat of tariffs on Mexico risked tipping the United States into recession while disappointing China data added to the woes.
Canada’s Digital Charter does not comfort Alphabet’s smart-city critics
Canada’s Digital Charter lacks sufficient legal enforcement power to effectively protect privacy and regulate use of personal data, according to critics worried that a smart city project in Toronto by Alphabet’s Sidewalk Labs unit could be misused for …
Qualcomm has strong argument to win reversal of U.S. antitrust ruling: legal experts
A rare public call by a U.S. Federal Trade Commission (FTC) official for one of the agency’s courtroom victories to be reversed, in a case of anticompetitive business practices by chipmaker Qualcomm Inc, charts a strong course for a judge’s ruling to b…
How tariff hikes are squeezing the U.S. furniture business
When President Donald Trump decided to raise tariffs on Chinese imports earlier this month, Francis O’Brien was left with no choice but to add a 4% fee on every item of furniture he sells.
Proactive checks on crypto risks needed, global watchdog FSB says
Regulators need to step up risk assessments of the cryptocurrency sector as current rules are patchy, and quick technological change may lead to gaps in policies on digital money, the global financial stability watchdog said.
Irish Supreme Court rejects Facebook bid to block ECJ data case
The European Court of Justice (ECJ) will hear a landmark privacy case regarding the transfer of EU citizens’ data to the United States in July, after Facebook’s bid to stop its referral was blocked by Ireland’s Supreme Court on Friday.
Factbox: British owner puts long-running Greyhound buses up for sale
(This May 30 story Amends reference to Greyhound in second paragaph to “largest”)
