SoftBank mobile services disrupted ahead of bumper IPO, shares drop
SoftBank Group Corp’s mobile phone services were disrupted in some parts of Japan on Thursday, ahead of an initial public offering (IPO) of its domestic telecoms unit later this month that will potentially raise $21 billion.
East European energy firms charge into EV market
For trips near their village in western Poland, Jacek Balcer and his wife zip around in their electric cars. But when they want to travel further afield they know it’s time to bring out their diesel van or risk being stranded.
U.S. stock futures slip, Asia follows after Canada arrests Huawei CFO
U.S. stock futures and Asian shares tumbled 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.
Oil prices sag on weak stock markets, but traders keep eye on OPEC meeting
Oil prices fell on Thursday as stock markets slid, but trading was tepid in the countdown to 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.
One part of the U.S. yield curve just inverted; what does that mean?
Part of the U.S. Treasury yield curve “inverted” this week, setting off debate over whether it is delivering a classic signal of oncoming recession or it has just developed a short-term kink that can be explained away by technical reasons.
Explainer: What is an inverted yield curve?
A section of the U.S. Treasury yield curve has moved into inversion. Here is what that means.
Huawei founder’s daughter arrested on U.S. request, puts trade war truce in doubt
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 any easing of Sino-U.S. trade tensions and rocking global stock markets.
OPEC, Russia move closer to cutting oil output
OPEC and Russia moved closer on Wednesday to agreeing cuts in oil production from next year despite pressure from U.S. President Donald Trump to reduce the price of crude.
Oil’s sharp price drop fuels questions for stock market
U.S. stock investors are wary that a 30 percent slump in oil prices will pressure corporate profits while also presenting a sign of weakness in global growth at a time they are already weighing when the long economic expansion will end.
Nissan finds more improper testing, considers recall: Nikkei
Nissan Motor Co has found more cases of improper testing of vehicles in Japan and is considering recalling affected cars, the Nikkei reported on Thursday.
