Sterling sinks on Brexit vote delay, Asian shares dither
The pound hovered near 20-month lows on Tuesday, as political turmoil deepened in Britain with a key vote on Brexit being delayed while U.S. shares staged a late rebound in a positive signal for Asian markets.
China’s Huawei executive bail hearing adjourned to Tuesday
A Canadian provincial court on Monday adjourned without deciding the fate of a top executive of Huawei Technologies Co Ltd after she appeared in a Vancouver court in relation to an extradition case following her arrest at the request of the United Stat…
Chinese province pledges billions to drive tech, innovation
China’s coastal province of Zhejiang, home to e-commerce giant Alibaba , has pledged more than $17 billion to drive the tech industry and innovation in the coming five years, the state news agency Xinhua reported.
SEC says Citadel Securities ordered to pay $3.5 million as penalty
The U.S. Securities and Exchange Commission said on Monday that Citadel Securities LLC has been ordered to pay a penalty of $3.5 million for reporting incorrect trade execution data for about 80 million trades from November 2012 to August 2016.
China’s Huawei executive seeks bail in U.S. extradition case
A Canadian provincial court on Monday weighed whether to grant bail to a top executive of one of the world’s biggest telecommunications companies, Huawei Technologies [HWT.UL], while she awaits a ruling on extradition to the United States.
Google CEO defends ‘integrity’ of products ahead of testimony
The chief executive officer of Alphabet Inc’s Google on Monday defended the integrity of the company’s products a day ahead of a congressional hearing where he is expected to face tough questions from U.S. lawmakers.
Nissan, Ghosn clash over Rio apartment filled with art, cash: filing
A Rio de Janeiro apartment containing cash, art works and personal belongings of Carlos Ghosn has become the latest battleground between the indicted former Nissan Motor Co Ltd chairman and the automaker.
Lockheed Martin names Kenneth Possenriede chief financial officer
U.S. defense contractor Lockheed Martin Corp on Monday named Kenneth Possenriede chief financial officer, replacing Bruce Tanner.
Wall St. ends choppy day higher; tech helps, Brexit weighs
Wall Street ended Monday’s volatile session slightly higher with help from technology stocks although bank stocks tumbled and uncertainty over Britain’s exit from the European Union kept investors on edge about global growth.
Global stock decline on growth, Brexit worries; Wall St. gains
A gauge of global equities stumbled on Monday, as losses in Europe and Asia extended to Wall Street on new signs world economic growth was being curbed by the U.S.-China trade spat, but was off early lows as U.S. stocks turned positive.
