Global growth worry hits stocks, but U.S. data lifts dollar
A gauge of global stocks tumbled on Friday after weak economic data from China and Europe intensified global growth worries as investors weighed the broader impact of the trade dispute between the United States and China.
U.S. says China should free Canadians held after Huawei arrest
U.S. Secretary of State Mike Pompeo on Friday said China should free two Canadian citizens who were detained this week after authorities in Canada arrested a senior Chinese technology executive on a U.S. extradition warrant.
Irish regulator investigates Facebook over private photo glitch
An Irish regulator said on Friday it was investigating Facebook Inc following the company’s disclosure that a bug may have exposed private photos of up to 6.8 million users, the latest in a series of Facebook privacy glitches.
Colombia court fines Odebrecht consortium $250 million for graft
A Colombian tribunal fined a consortium led by Brazilian construction firm Odebrecht [ODBES.UL] $250 million and banned it from government contracts for 10 years, saying the group used corrupt tactics to win infrastructure contracts.
Canada says it agrees with U.S. on need to keep politics out of Huawei case
Canada and the United States agreed on Friday that politics should be kept out of the process to extradite senior Huawei Technologies Co [HWT.UL] executive Meng Wanzhou, who is being held on a U.S. extradition warrant, Canadian Foreign Minister Chrysti…
Exclusive: T-Mobile, Sprint consider dropping Huawei, see U.S. security clearance for deal – sources
T-Mobile US Inc and Sprint Corp expect their merger to be approved by a U.S. national security panel as early as next week, after their respective parent companies said they would consider curbing their use of equipment from China’s Huawei Technologies…
J&J shares nosedive on report it knew of asbestos in Baby Powder
Shares of Johnson & Johnson fell 10 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after Reuters reported that the pharma major knew for decades that cancer-causing asbestos lurked in its Baby Powder.
2018: The year volatility came home to roost
U.S. stocks are down only slightly for 2018, but that masks a volatile year for investors.
Exclusive: Nissan probe into Ghosn trains lens on ‘CEO Reserve’ fund, Dutch unit
(This December 15 story was refiled to correct paragraph 9 to show date Nissan fired Ghosn as chairman as Nov. 22, not Nov. 26)
Global growth worries, J&J’s tumble drag Wall St. lower
U.S. stocks slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson slid after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder.
