Sprint sues AT&T over 5G branding
Sprint Corp sued AT&T Inc late on Thursday, saying it was misleading consumers into believing that they were using fifth generation or 5G wireless network, a technology that has not yet been widely deployed.
Take Five: When doves coo – World markets themes for the week ahead
Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them.
Wall Street opens lower on trade woes
U.S. stocks fell at open on Friday, with technology stocks leading losses as investors were skeptical that a U.S.-China deal would be reached before the March deadline, adding to nerves over slowing global growth.
Darkening ‘global economic skies’ pull stocks lower
Global stocks fell for a third straight day on Friday, and were set for their first weekly loss in seven, as investors worried about a broadening global economic slowdown and the lack of any sign of a resolution to the U.S.-China trade row.
Shell leads cash race but Exxon catching up
Royal Dutch Shell widened its lead over Exxon Mobil as king of cash among the world’s top oil and gas companies last year but its U.S. rival could catch up with its investment drive in new production.
Crypto bear market threatens to last as potential token supply weighs
Cryptocurrencies may be facing a prolonged bear market.
Fifty years on, Boeing’s 747 clings to life as cargo carrier
Boeing’s 747 jumbo jet, an aircraft that democratized global air travel in the 1970s but fell behind modern twin-engine passenger jets, has bounced back from near death to mark its 50-year flying anniversary on Saturday, thanks to a cargo market boom f…
U.S. Steel wins tax breaks from one of America’s poorest cities
United States Steel Corporation founded Gary, Indiana in 1906 – naming it after co-founder Elbert Henry Gary – and the city’s fortunes have been closely tied to the company ever since.
Brookfield in talks with India’s Reliance Industries to buy tower, fibre assets: report
Canadian private equity firm Brookfield Asset Management is in preliminary talks with India’s Reliance Industries to buy a stake in its optical fibre and telecom tower assets, The Times of India newspaper reported on Friday.
Bank of America appoints head of new EU unit in Brexit move
Bank of America Merrill Lynch has named Sanaz Zaimi as head of its new Paris-based European Union broker-dealer unit BofA Securities Europe, the U.S. bank said on Friday.
