Smartphone makers seek export incentives to grow India production
Smartphone makers in India are calling for export credits on devices and tariff cuts on machinery imports as part of measures they say will make Asia’s third-biggest economy a global smartphone manufacturing hub.
Guns and corsets: Firearms industry strikes gold marketing to women
Entrepreneur and fashion designer Anna Taylor is trying to bring back the corset — not to revive Victorian lingerie but to give women a place to carry their handguns.
No one on Deutsche Bank board pushing for Commerzbank tie-up: union
No one on the supervisory board of Deutsche Bank is pushing for a near-term merger with rival Commerzbank , a Deutsche board member said.
Vodafone ‘pauses’ Huawei deployment in core network
Vodafone, the world’s second largest mobile operator, said it was “pausing” the deployment of Huawei equipment in its core networks until Western governments resolve concerns about the Chinese firm’s activities.
Earnings lift stocks, euro recovers from dovish ECB comments
World stock markets inched higher on Friday as strong earnings helped to underpin investor sentiment in the face of growing signs that the global economy is slowing and a still unresolved trade dispute between the United States and China.
Hyundai Motor to cut China jobs after sales slump
Hyundai Motor said its Chinese joint venture (JV) is accepting voluntary retirements and reviewing various “optimization plans” at its factories following a slump in car sales in the key market.
U.S. trying to contain rise of China: Alibaba executive
The Sino-U.S. trade war has spurred anti-China sentiment, a senior Alibaba Group Holding Ltd executive said, adding that the United States was trying to contain the rise of China.
Oil prices climb as U.S. threatens sanctions against Venezuela
Oil prices edged up on Friday as turmoil in Venezuela increased the chances of tighter global supply if the United States makes good on signals that it could impose sanctions on Venezuelan exports.
Hyundai Motor to cut China jobs, review optimization plans after sales slump
Hyundai Motor said its Chinese joint venture is accepting voluntary retirements from employees and reviewing various “optimization plans” at its factories in the country, following a slump in car sales.
Asia stocks at seven-week top after U.S. techs rise
Asian stocks rallied to a seven-week high on Friday, buoyed by gains in U.S. technology firms as pockets of strength in corporate earnings eased some of the anxiety over a slowing global economy.
