Britain downplays Huawei threat to U.S. intelligence sharing
Britain would never take a decision on Huawei and 5G that would threaten its intelligence sharing alliance with the United States but it also does not want a new Cold War with China, Foreign Secretary Jeremy Hunt said on Tuesday.
Ralph Lauren’s North America woes cloud profit beat, shares down nearly 8%
Luxury apparel maker Ralph Lauren Corp beat Wall Street estimates for quarterly profit on Tuesday, benefiting from higher demand in international markets, but weak sales in its biggest market, North America, disappointed investors.
Trump says U.S.-China trade talks have not collapsed
U.S. President Donald Trump on Tuesday said trade talks with China had not collapsed, characterizing the trade war between the world’s two largest economies as “a little squabble.”
Global stocks regain ground from two-month lows as U.S.-China fears ease
Global stocks rebounded on Tuesday from two-month lows as investors took heart from comments of U.S. and Chinese officials a day after a spike in tensions between the world’s two largest economies rattled financial markets.
Exclusive: UniCredit advances towards bid for Germany’s Commerzbank – sources
UniCredit has stepped up preparations for a potential bid for Germany’s Commerzbank by hiring investment bankers including a former top German official, three people familiar with the matter said.
Cash-rich Canadian oil firms favor buybacks as other options narrow
Canadian oil producers are raking in the highest revenues in five years thanks to strong global oil prices and Alberta’s production cuts, but government intervention has hamstrung their spending abilities, encouraging many to buy back shares and pay do…
Boeing deliveries hammered by 737 MAX groundings
Boeing Co handed over 24 percent fewer jet airplanes in the first four months of 2019 compared with the same period a year earlier as the grounding of its top-selling 737 MAX aircraft halted deliveries for a second month.
ChargePoint sounds alarm on electric vehicle charging standards
A leading operator of charging stations has sounded the alarm on a proposed technical standard that it says could hamper mass adoption of electric vehicles by making it harder to charge them at home or at work.
Mexico’s rising oil nationalism faces debt-rating crisis
Mexican President Andres Manuel Lopez Obrador took office in December vowing to revive state-owned energy company Pemex and put the brakes on foreign investment to give the public a bigger cut of the country’s oil wealth.
Disney takes control of Hulu before Disney+ launch
Walt Disney Co said it will take full control of the Hulu service in a deal with Comcast Corp that removes an obstacle in the Mouse House’s quest to take on rivals including Netflix Inc in the global streaming video war.
