World stocks fall on China exec arrest; oil slips on OPEC output delay
Stock markets around world slid on Thursday as the arrest of a top Chinese technology executive cast further shadows on U.S.-China trade relations, while oil prices sank after OPEC delayed an output decision.
Canadian PM: no political interference in Huawei arrest decision
Canadian Prime Minister Justin Trudeau on Thursday said his government had no involvement in the arrest of a top executive from Chinese technology giant Huawei, who was detained at Vancouver airport.
Exclusive: U.S. probe of China’s Huawei includes bank fraud accusations: sources
Chinese telecoms giant Huawei Technologies Co Ltd’s chief financial officer was arrested as part of a U.S. investigation into an alleged scheme to use the global banking system to evade U.S. sanctions against Iran, according to people familiar with the…
Brazil court blocks proposed Embraer-Boeing tie-up
A Brazilian federal court on Thursday granted an injunction blocking the proposed tie-up between planemakers Boeing Co and Embraer SA , according to a court document seen by Reuters.
In major shift, U.S. now exports more oil than it ships in
The United States last week exported more crude oil and fuel than it imported for the first time on record, according to data released on Thursday, the same day OPEC ended a meeting without a decision to curb global output to balance out the historic s…
Wall Street swamped by fresh U.S.-China trade worries
U.S. stocks fell on Thursday as the arrest of a top Chinese technology executive stirred fears of fresh tensions between the United States and China over trade, although Wall Street’s main indexes reduced steep losses from earlier in the session.
Boeing CEO says hopeful U.S.-China on course to resolve trade dispute
Boeing Co Chief Executive Officer Dennis Muilenburg said on Thursday he is hopeful that China and the U.S. are on a path to resolve their trade spat, on a day when global stocks fell on renewed fears of a trade war between the world’s two largest econ…
Explainer: How does extradition to the U.S. work?
The arrest in Canada of a top Chinese technology executive for possible extradition to the United States has roiled markets and cast doubt on a recent U.S.-China trade truce.
Madison Square Garden CEO to settle U.S. securities charges
The chief executive of the Madison Square Garden Co , owner of the New York Knicks and New York Rangers sports teams, has agreed to pay nearly $610,000 to resolve U.S. securities violations that he said stemmed from a law firm error.
S&P, Dow lose 2018 gains as global growth fears grip Wall Street
The S&P 500 and the Dow Jones Industrial Average slipped back to losses for the year on Thursday, as U.S. stocks fell on mounting worries of slowing global growth after a fresh twist in China-U.S. tensions as well as lower oil prices and U.S. bond yields.
