China urges U.S. to ‘calm down’ in trade dispute, says its tactics will not work
China on Thursday urged the United States to “calm down” and return to reason after the Trump administration sought to ratchet up pressure for trade concessions by proposing a higher 25-percent tariff on $200 billion worth of Chinese imports.
Apple in touch with Chinese telcos on ways to cut spam
Apple Inc is speaking with Chinese telecom firms to find ways to reduce spam received through its messaging service, a spokeswoman said, days after state media alleged it was allowing illegal content on its platform.
Cisco in advanced talks to buy Duo Security: sources
Cisco Systems Inc is in advanced talks to acquire Duo Security, a venture capital-backed cyber security company, as it seeks to expand its offerings in cloud computing, according to people familiar with the matter.
Qualcomm expects $1 billion from chips for watches, speakers
Qualcomm Inc said Thursday it expects to bring in more than $1 billion in sales this fiscal year from semiconductor chips from smart watches, connected speakers and other devices outside its core business of chips for mobile phones.
Yum Brands comparable sales miss as Pizza Hut, Taco Bell disappoint
Yum Brands Inc’s quarterly sales fell short of Wall Street estimates on Thursday, as fewer customers dined at its Pizza Hut and Taco Bell chains, sending its shares down slightly in morning trading.
Tech, industrials lead futures lower on renewed tariff fears
Technology and industrial companies pushed U.S. stock index futures lower on Thursday, as fears of a trade spat between the United States and China failed to let up after President Donald Trump proposed 25 percent tariffs on $200 billion worth of Chine…
BMW beats second-quarter forecasts as new anti-pollution rules dent rivals
BMW reported a smaller-than-expected 6 percent decline in second quarter operating profit on Thursday while brushing off concerns about new anti-pollution rules and trade tensions which caused rival Daimler to warn on profits.
BMW sees 5-10 percent sales growth in China despite tariffs
BMW expects China sales to rise between 5 and 10 percent this year, despite the introduction of 40 percent import tariffs on vehicles imported from the United States since July.
U.S. utilities balk at expanded carbon-capture subsidy
Few U.S. energy policies can bring together coal miners, oil drillers, environmentalists, Republicans and Democrats.
China Eastern, Japan Airlines team up to tap Chinese tourism boom
China Eastern Airlines Corp Ltd and Japan Airlines Co Ltd (JAL) on Thursday said they would form a joint venture (JV) to capitalize on a boom in Chinese tourism, in the first such deal between a Chinese and Japanese carrier.
