Huawei seeks clarification after New Zealand intelligence agency rejects 5G bid
Huawei Technologies Co Ltd said it was seeking clarification from New Zealand after the country’s intelligence agency rejected the telecommunication industry’s first request to use the Chinese firm’s equipment in its planned 5G mobile network.
Oil strengthens ahead of G20 meeting, but supply rise caps gains
Oil prices ticked higher on Thursday on optimism that trade talks at the G20 meeting could aid the global economy and improve the demand outlook, while an increase in U.S. crude inventories to their highest in a year curbed gains.
Elon Musk ducks out of one Los Angeles tunnel but pursues another
Billionaire entrepreneur Elon Musk has scrapped plans for a high-speed passenger tunnel under the West side of Los Angeles but is moving ahead with a similar proposal across town designed to whisk baseball fans to and from Dodger Stadium.
Asia stocks advance, dollar struggles on signs of more cautious Fed
Asian stocks advanced on Thursday, tracking a surge on Wall Street, after the chairman of the U.S. Federal Reserve suggested it may nearing an end to its three-year rate tightening cycle, boosting interest in riskier assets.
Huawei seeks meeting with New Zealand government after 5G bid rejected on national security grounds
Huawei Technologies Co Ltd said it was seeking clarification from New Zealand after the country’s intelligence agency rejected the telecommunication industry’s first request to use the Chinese firm’s equipment in its planned 5G mobile network.
Volkswagen planning new North America factory for electric vehicles
Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker’s new head for the Americas said on Wednesday.
Microsoft wins $479.2 million contract from U.S. Army
The U.S. Army said on Wednesday that it has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army’s augmented reality systems helping soldiers in training and combat missions.
Stocks gain, dollar sags on dovish-sounding Fed
Asian stocks rose on Thursday tracking a Wall Street rally as dovish comments from Federal Reserve Chair Jerome Powell boosted investor sentiment towards riskier assets.
Altria in talks to take minority stake in Juul: sources
Tobacco company Altria Group Inc is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday.
Bull run finale for global stocks not far off now: Reuters poll
An end to the bull run in global stocks is not far away, according to a Reuters poll which also showed a broad cut to forecasts for next year on concerns over global growth and tightening financial conditions.
