Oil falls on rising U.S. stockpiles, but markets remain tense
Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced.
Exclusive: Walmart to make first direct pitch to big corporate ad buyers at New York event
Walmart Inc will meet large consumer goods companies and advertising firms for the first time in New York next week to pitch its advertising business, as the world’s largest retailer aims to rev up its website and stores as a platform for other compani…
Air China asks Boeing for compensation over 737 MAX grounding: state TV
Air China has formally asked Boeing Co for compensation over the grounding of its 737 MAX aircraft and delayed deliveries of its orders, the state TV China Central Television reported on Wednesday.
Asia stocks fragile as trade anxiety overshadows Huawei reprieve
Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about trade frictions between the world’s two largest economies.
Shares in China’s Hikvision slump after report of U.S. blacklisting
Shenzhen-listed shares in Chinese video surveillance firm Hikvision Digital Technology Co Ltd opened 10% lower on Wednesday after reports that the U.S. may blacklist the firm.
U.S. could blacklist Chinese surveillance tech firm Hikvision: NYT
The U.S. administration is considering limits to Chinese video surveillance firm Hikvision’s ability to buy U.S. technology, the New York Times reported on Tuesday, in a move that deepens worries about trade frictions between the world’s two top econom…
Wynn Resorts ceases talks with MGM to sell $2.6 billion Massachusetts casino
Wynn Resorts Ltd said on Tuesday the company has decided to stop talks with MGM Resorts International to sell its Encore Boston Harbor casino.
Brazil lower house votes to allow foreign airlines in domestic market
Brazil’s lower house of Congress voted on Tuesday to allow foreign-controlled airlines to operate domestic flights in Latin America’s largest economy, opening the door to more competition in an increasingly concentrated market.
U.S. business group says retaliation rising in China amid trade war
A top U.S. business lobby in China said on Wednesday that nearly half of its members are seeing non-tariff barrier retaliation in China as a result of the increasingly bitter trade war between Beijing and Washington.
Asia stocks wobble as trade fears overshadow Huawei reprieve
Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about trade frictions between the world’s two largest economies.
