Stocks slide as Huawei arrest risks new strains in U.S.-China ties
U.S. stock futures and Asian shares slumped on Thursday after Canadian authorities arrested a top executive of Chinese tech giant Huawei for extradition to the United States, feeding fears of a fresh flare-up in tensions between the two superpowers.
Russia says it’s harder for us to cut oil output in winter: Ifax
Russia will find it harder to cut oil output in winter than other producers because of the cold conditions at Russian oil fields, Interfax news agency quoted Energy Minister Alexander Novak as saying on Thursday.
OPEC waiting for Russia before deciding level of oil cut
OPEC has made a planned cut in oil output effectively conditional on the contribution from non-OPEC producer Russia, OPEC delegates said on Thursday as the group gathered for a meeting in Vienna.
Exclusive: Tesla, smarting from trade war, seeks bids for China Gigafactory construction
Tesla Inc has opened a tender process to build its Shanghai Gigafactory and at least one contractor has started buying materials, according to sources and documents reviewed by Reuters, the clearest indication that construction is imminent.
Oil dips amid stock market slide, traders await OPEC meeting
Oil prices dipped on Thursday as stock markets slid and as traders eyed an OPEC meeting expected to result in a supply cut aimed at draining a glut that has pulled down crude by 30 percent since October.
Huawei founder’s daughter arrested on U.S. request, clouding China trade truce
The daughter of Chinese tech giant Huawei’s founder has been arrested in Canada and is facing extradition to the United States, dealing a blow to hopes of an easing of Sino-U.S. trade tensions and rocking global stock markets.
China says Canada, U.S. have not explained Huawei executive’s arrest
China said on Thursday that Canada and the United States had yet to clarify their reason for arresting the daughter of Chinese tech giant Huawei’s founder, in an incident that has dealt a blow to hopes of easing Sino-U.S. trade tensions.
China commerce ministry says goal in trade talks with U.S. is to remove all tariffs
China’s commerce ministry said on Thursday that the ultimate goal in Sino-U.S. trade talks is to remove all tariffs, adding that the recent meeting between U.S. President Donald Trump and Chinese President Xi Jinping had been successful.
Facebook CEO backed sharing customer data despite second thoughts: documents
Facebook Chief Executive Mark Zuckerberg questioned the business case for giving millions of outside software developers wide access to customer data before endorsing the practice in 2012, according to internal emails published on Wednesday.
France will tax digital giants from 2019 even if no EU-wide agreement: FinMin
Finance Minister Bruno Le Maire on Thursday said France will tax digital giants at a national level from 2019 if European Union states cannot reach an agreement on a tax on digital revenues for the bloc.
