WhatsApp security breach may have targeted human rights groups
WhatsApp said on Tuesday that a security breach on its messaging app had signs of coming from a government using surveillance technology developed by a private company, and it may have targeted human rights groups.
No sign that Beijing will offer a no-spy deal: Germany
There is no sign that China is offering a “no-spy” agreement of the kind that would help telecommunications equipment maker Huawei in its bid for contracts to build Germany’s next-generation mobile networks, a German Interior Ministry spokesman said on…
Ralph Lauren’s North America woes cloud profit beat, shares fall 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.
Wall Street attempts rebound, with help from tech stocks
U.S. stocks edged higher on Tuesday, as investors picked up beaten-down technology and industrial stocks following optimistic comments from Washington and Beijing that tempered concerns about a further escalation in the trade war.
India’s Jet Airways sees management exodus as rescue hopes dim
The chief executive and two other senior figures at Jet Airways have quit, the Indian company said on Tuesday, further eroding any hopes of a rescue of the debt-laden carrier that grounded operations last month.
U.S. leaves rare earths, critical minerals off China tariff list
The United States has again decided not to impose tariffs on rare earths and other critical minerals from China, underscoring its reliance on the Asian nation for a group of materials used in everything from consumer electronics to military equipment.
Trump tweets optimism on China trade, lines up new U.S. tariffs
U.S. President Donald Trump sounded optimistic about prospects for a trade deal with China on Tuesday even as his administration readied 25 percent tariffs on all remaining Chinese imports with no new talks scheduled.
India delays levying retaliatory tariff on U.S. goods to June 16
India delayed on Tuesday the implementation of higher tariffs on some goods imported from the United States to June 16, according to a government statement.
India’s Jet Airways loses two top executives as rescue hopes dim
The chief executive and head of finance at Jet Airways have both quit, the Indian company said on Tuesday, further eroding hopes of a rescue of the debt-laden carrier that grounded operations last month.
Exclusive: UniCredit advances toward takeover 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.