FCC votes to deny China Mobile bid to operate in U.S.
The Federal Communications Commission voted unanimously on Thursday to deny China Mobile Ltd’s bid to provide U.S. telecommunications services and said it was reviewing similar approvals held by two other Chinese telecom firms.
Copa Airlines has ‘full confidence’ in Boeing 737 MAX planes: CEO
Panama’s Copa Airlines said on Thursday it has “full confidence” in its Boeing 737 MAX planes, which have been grounded worldwide since March after two fatal crashes.
Trump says he has received ‘beautiful’ letter from China’s Xi
U.S. President Donald Trump said on Thursday he had received a “beautiful letter” from Chinese President Xi Jinping as negotiations on a trade deal between the two countries continue in Washington.
Chevron drops Anadarko takeover battle after Occidental raises bid
Chevron Corp abandoned its takeover bid for Anadarko Petroleum Corp on Thursday, outmaneuvered by Occidental Petroleum Corp’s higher, $38 billion offer that included more than three times as much cash.
Gucci owner Kering agrees to 1.25 billion euro Italy tax settlement
French luxury goods group Kering said on Thursday it had agreed to pay 1.25 billion euros ($1.40 billion) to settle a dispute with Italian tax authorities centered on its fashion brand Gucci.
Italy PM says nationalization not on the agenda for Carige bank
Prime Minister Giuseppe Conte said on Thursday there were no plans to nationalize ailing Italian bank Carige, adding that a market solution to save the lender had to be found instead.
Gucci owner Kering agrees to 1.25 billion euros Italy tax settlement
French luxury goods group Kering said on Thursday it had agreed to a 1.25 billion euro ($1.40 billion) settlement to draw a line under a dispute with Italian tax authorities centered on its fashion brand Gucci.
Billionaire Jeff Bezos to unveil plans for moon presence, sources say
Billionaire entrepreneur Jeff Bezos, the founder of rocket company Blue Origin, will unveil plans on Thursday for missions to the moon tailored to the U.S. government’s renewed push to establish a lunar outpost in just five years, people familiar with …
India’s Reliance Industries buys global toy retailer Hamleys
India’s Reliance Industries has acquired British toy retailer Hamleys, the energy-to-telecoms conglomerate said on Thursday.
Shares, yields sink on U.S.-China trade war escalation fears
Equity indexes around the world tumbled for a fourth day in a row on Thursday as U.S.-China trade tensions put investors on edge the day before U.S. President Donald Trump was due to raise tariffs on Chinese goods.