Stocks jump on signs U.S., China close to trade deal
Asian shares gained on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the dollar eased as traders wagered Federal Reserve policy would remain accommodative.
Aussie, yuan gain on U.S.-China trade hopes
The Australian dollar and the Chinese yuan rose early Monday on hopes Washington and Beijing were close to a trade deal after a bitter year-long tariff dispute.
Rolls-Royce scales back on joining fighter jet project with Turkey’s Kale Group
British engine maker Rolls-Royce Holdings Plc confirmed it had scaled back efforts to join a Turkish program to build a new fighter jet with Turkey’s Kale Group.
U.S. and China could reach trade deal at summit around March 27: WSJ
U.S. President Donald Trump and Chinese President Xi Jinping could reach a formal trade deal at a summit around March 27 given progress in talks between the two countries, the Wall Street Journal reported on Sunday.
Wall Street futures jump on U.S.-China trade deal hopes, Asian shares seen higher
U.S. stock futures jumped on Monday on reports the United States and China were close to striking a trade deal after a year-long tariff skirmish while the dollar eased as traders wagered Federal Reserve policy will remain accommodative.
Huawei CFO suing Canada over December arrest
The lawyers for Huawei Chief Financial Officer Meng Wanzhou are suing the Canadian government, its border agency and federal police, alleging their client was detained, searched and interrogated for three hours in violation of her constitutional rights…
Rolls-Royce scales back on joining Turkish fighter jet project: FT
British engine maker Rolls-Royce has scaled back efforts to join a Turkish program to build a new fighter jet, the Financial Times reported on Sunday.
Investors spooked by Brazilian Vale’s surprise CEO shake-up
Investors were skeptical on Sunday about the surprise decision by Brazil’s Vale SA to remove its high-profile chief executive in the wake of a deadly January accident at one of the world’s largest iron ore miner’s facilities.
Head of French carmaker PSA says Europe’s CO2 cuts will threaten jobs: Le Figaro
The EU’s plans to slash carbon dioxide (CO2) emissions from vehicles and push carmakers to go electric will threaten 13 million jobs in Europe’s auto industry and benefit Asia, the head of French carmaker PSA told Le Figaro.
AT&T plans to revamp CNN’s digital arm: WSJ
John Stankey, the AT&T executive at the helm of WarnerMedia, is planning to revamp cable news network CNN’s digital operation, believing it isn’t reaching its potential and requires more investment, the Wall Street Journal reported on Sunday.
