PG&E Corp files for Chapter 11 bankruptcy protection
Power provider PG&E Corp filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.
Intel to get state grant of around $1 billion for Israel expansion: finance minister
Intel Corp will receive a grant of about a billion dollars from the Israeli government for its planned, record-setting investment to expand its operations in the country, Israel’s finance minister said on Tuesday.
Huawei lawyer says CFO Meng a ‘hostage’ after U.S. presses charges
Huawei’s CFO “should not be a hostage” in Sino-U.S. relations, her lawyer said on Tuesday, after the United States announced criminal charges against herself and the Chinese firm just days before crunch trade talks with Beijing.
Japan’s ANA orders jets worth $4.3 billion from Boeing, Airbus in Asia growth push
Japan’s ANA Holdings Inc said it would order 38 planes worth $4.33 billion from Boeing Co and Airbus, and buy a stake in Philippines Airlines parent PAL Holdings Inc to support its Asia growth strategy.
Powell faces early reckoning on Fed’s $4-trillion question
Federal Reserve Chairman Jerome Powell has a problem: how to explain that the Fed may soon begin to taper its ongoing asset-shedding operation without looking like he’s hunkering down for a coming recession, or caving to U.S. President Donald Trump.
U.S. charges China’s Huawei for sanctions violations, technology theft
The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker which denies wrongdoing, and coming days before trade talks with Beijing.
Japan’s ANA poised to order 18 Airbus A320neos: source
Japanese airline ANA Holdings Inc is set to order 18 Airbus SE A320neo jets, a source familiar with the matter said on Tuesday.
Guaido versus Maduro: Who is backing Venezuela’s two presidents
The United States imposed sanctions on Venezuela’s oil exports on Monday, a major escalation in its support for opposition leader Juan Guaido’s bid to oust socialist President Nicolas Maduro.
U.S. charges China’s Huawei over alleged Iran sanctions violations
The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker and coming days before trade talks between Washington and Beijing.
China expresses serious concern about U.S. charges on Huawei
China expressed serious concern on Tuesday after the United States announced criminal charges against Huawei Technologies Co Ltd and its chief financial officer, Meng Wanzhou, for allegedly conspiring to violate U.S. sanctions on Iran.
