Wall Street slips on global growth fears, weak corporate forecasts
U.S. stocks fell more than 1 percent on Tuesday and were on course to end a four-day rally on fears of slowing global growth after the International Monetary Fund trimmed its outlook and weak forecasts by companies, including Johnson & Johnson.
Huawei calls for swift end to case of executive arrested in Canada
China’s Huawei Technologies wants a quick resolution of the case of its former finance chief Meng Wanzhou, who is accused of violating U.S. sanctions on Iran and has been detained in Canada, its chairman said on Tuesday.
U.S. to pursue extradition of Huawei CFO from Canada
The U.S. Justice Department said on Tuesday that it will pursue the extradition of Huawei Technologies Co Ltd’s [HWT.UL] chief financial officer, arrested in Canada in December on allegations that she participated in a conspiracy to defraud banks.
Pompeo voices optimism for good outcome on U.S.-China trade
U.S. Secretary of State Mike Pompeo voiced optimism on Tuesday for a good outcome in upcoming trade talks with China and said a superpower conflict between the two nations could be avoided.
Exclusive: No-deal Brexit puts Bentley’s return to profit at risk
Loss-making carmaker Bentley is on track to be profitable this year but a no-deal Brexit puts that at “fundamental risk”, its boss told Reuters, adding that the chance of Britain leaving the EU on March 29 with a deal now seemed “fairly low.”
Oil slumps more than 3 percent on China slowdown fears
Crude prices tumbled more than 3 percent on Tuesday over concerns that China’s slowing economy could curtail fuel demand worldwide as forecasters predicted weaker global growth amid the U.S.-China trade war.
Explainer: The shareholder puzzle facing airlines after Brexit
Airlines that will no longer be majority owned by EU nationals once Britain leaves the European Union face the threat of losing their right to fly within the bloc after Brexit due to share ownership rules.
Equities retreat as growth worries dent risk appetite
A gauge of global stock markets fell on Tuesday, putting a four-session winning streak in jeopardy, as concerns over global growth spurred investors to look towards safe-haven assets such as the Japanese yen and government bonds.
British billionaire Dyson moves vacuum giant to Singapore
James Dyson, the billionaire Brexit supporter who revolutionized vacuum cleaners with his bagless technology, is moving his corporate office and tax registration to Singapore from Britain to be closer to his fastest growing markets.
U.S. home sales hit three-year low, price gains slow
U.S. home sales tumbled to their lowest level in three years in December and house price increases slowed sharply, suggesting a further loss of momentum in the housing market.
