Stock futures rise as U.S.-China trade tensions ease
(Reuters) – U.S. stock index futures rose on Monday on signs of easing trade tensions between the world’s two largest economies after President Donald Trump pledged to help China’s ZTE Corp “get back into business, fast” following a crippling U.S. ban….
Facebook suspends 200 apps over data misuse investigation
(Reuters) – Facebook Inc has so far suspended around 200 apps in the first stage of its review into apps that had access to large quantities of user data, in a response to a scandal around political consultancy Cambridge Analytica.
Tesla registers Shanghai electric car firm ahead of ownership rule change
SHANGHAI (Reuters) – Tesla Inc has registered a new electric car firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures.
Exclusive: Conoco moves to sell North Sea oilfields: sources
LONDON (Reuters) – U.S. oil major ConocoPhillips is preparing to sell its North Sea fields as the company focuses on shale operations in its home market, industry and banking sources said.
KLM CEO says unrealistic Dutch business could leave Air France
AMSTERDAM (Reuters) – The head of Air France-KLM’s Dutch subsidiary rejected as unrealistic suggestions that KLM could somehow abandon the partnership with Air France following a series of costly strikes at the French business.
HSBC says performs first trade finance deal using single blockchain system
HONG KONG (Reuters) – HSBC Holdings Plc said on Monday it has performed the world’s first trade finance transaction using a single blockchain platform, in a push to boost efficiency in the multi-trillion-dollar funding of international trade.
Credit raters put pressure on Deutsche Bank over new strategy
FRANKFURT (Reuters) – Deutsche Bank’s new chief executive Christian Sewing needs to come up with a convincing strategy swiftly to stave off the threat of costly credit downgrades, the leading rating agencies told Reuters.
World stocks head higher on hopes of thawing trade tensions
LONDON (Reuters) – Prospects of a thaw in U.S.-China trade tensions supported global stocks on Monday, as U.S. President Donald Trump pledged to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, whil…
Moscow may provide some support for Deripaska’s Rusal, GAZ
MOSCOW (Reuters) – Russia is considering providing support to tycoon Oleg Deripaska’s Rusal and GAZ , two companies hit by U.S. sanctions, but will not go as far as buying stakes in his firms, Finance Minister Anton Siluanov said on Monday.
Flights grounded as Brussels Airlines pilots begin strike
BRUSSELS (Reuters) – Pilots at Lufthansa subsidiary Brussels Airlines staged the first of two planned days of strikes over pay and conditions on Monday, grounding about 75 percent of the Belgian carrier’s flights.
