Google launches $399 Pixel phone, more U.S. carriers will sell it
Alphabet Inc’s Google launched more affordable versions of its Pixel smartphone on Tuesday at about half the price of its current models, and dropped an exclusive U.S. distribution deal with Verizon Communications Inc, signaling a major shift in the te…
Google demos car bookings by voice assistant at annual I/O event
Alphabet Inc’s Google business on Tuesday demonstrated a way to rent cars automatically through voice commands to the company’s virtual assistant tool, a new breakthrough for its artificial intelligence services.
DoubleLine’s Gundlach says new U.S. tariffs on China likely
Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on CNBC on Tuesday that he sees a better than 50% chance that new tariffs will happen.
China sends top negotiator to U.S. in bid to avert tariff hike
Chinese Vice Premier Liu He will travel to Washington for trade talks on Thursday and Friday, Beijing said on Tuesday, setting up a last-ditch bid to avoid a sharp increase in tariffs on Chinese goods announced by President Donald Trump.
UniCredit sells 17 percent stake in online broker FinecoBank
Italy’s biggest bank UniCredit on Tuesday launched the sale of a 17 percent stake in online brokerage business FinecoBank as part of efforts to bolster the group’s financial strength.
U.S. energy secretary says Saudi raising production to counter Iran sanctions impact: CNBC
U.S. Energy Secretary Rick Perry told CNBC on Tuesday that Saudi Arabia is increasing its oil production to meet needs arising from sanctions on Iran.
Wall Street extends fall as U.S-China trade worries mount
U.S. stocks slid more than 1 percent on Tuesday in a broad-based selloff led by technology shares, as escalating trade tensions between the United States and China triggered global growth fears and kept investors away from riskier assets.
Lyft to face first major test as public company with quarterly reveal
Lyft Inc’s first quarterly report on Tuesday as a public company is expected to show investors its growth possibilities and competitive strength against rival Uber, whose initial public offering will hit the market later this week.
SAP CEO welcomes ‘fantastic’ activist shareholder Elliott
SAP CEO Bill McDermott on Tuesday welcomed a $1.3 billion investment by activist investor Elliott, saying the U.S. hedge fund group was aligned with his goal of expanding margins by driving top-line growth.
Mylan gives no clear view on strategic options, shares plunge 17 percent
Drugmaker Mylan NV on Tuesday reported lower-than-expected quarterly revenue and failed to provide greater clarity on a potential revamp of the company’s strategy, sending its shares down 17 percent to a more than six-and-a-half year low.
