Nissan’s technology could pay in Renault-FCA deal: sources
Nissan’s advanced technologies including platforms and electric powertrains could give it leverage in a merger involving Renault and Fiat Chrysler, thanks to a royalty system it has with the former, two people with knowledge of the matter said.
Wall Street rises after trade-driven selloff
U.S. stocks rose for the first time this week on Thursday, as President Donald Trump said trade talks with China are doing well, offering a glimmer of hope to markets roiled by trade tensions.
CBS board plans merger talks with Viacom: CNBC
Shares of Viacom Inc rose on Thursday on a report that CBS Corp’s board is preparing for merger talks with the media company.
Not clear UK has made final decision on Huawei, says U.S. national security adviser Bolton
U.S. President Donald Trump’s national security adviser John Bolton said on Thursday it was not clear to the United States that a decision on British government policy towards Chinese telecoms firm Huawei had been taken in its final form.
Mexican Senate should ratify USMCA trade deal ‘soon’: president
Mexico’s government will send a new North American trade deal on Thursday to the Senate, which should ratify the accord “soon,” President Andres Manuel Lopez Obrador said at a news briefing.
Standard Bank shareholders vote down climate-risk resolution
Standard Bank shareholders on Thursday voted down a resolution that would have required the South African lender to report climate risk in its activities, although they passed another forcing it to disclose its coal financing policies.
U.S. economy accelerates in Q1, but momentum slowing
U.S. economic growth accelerated in the first quarter, but inflation pressures were much weaker than initially thought, supporting a recent decision by the Federal Reserve to suspend further rate increases.
Chinese computer research body to cut ties with division of U.S.-based IEEE
Beijing-based technology research group The China Computer Federation (CCF) is suspending communications with a U.S. based engineers’ association in the latest example of fallout from the U.S. embargo on phone maker Huawei Technologies [HWT.UL].
Stocks bounce, yields steady, metals melt again
Markets saw a modest rebound in risk appetite on Thursday, as traders took a break from selling beaten-down stocks and pumping money into safe-haven bonds and the dollar.
Trump says U.S. doing well in trade talks with China
President Donald Trump said on Thursday the United States was doing well in trade talks with China and that Beijing wanted to make a deal with Washington.