Exclusive: U.S. considers tightening grip on China ties to corporate America
NEW YORK (Reuters) – The U.S. government may start scrutinizing informal partnerships between American and Chinese companies in the field of artificial intelligence, threatening practices that have long been considered garden variety development work f…
Asian shares claw higher after U.S. tech shares bounce
SINGAPORE (Reuters) – Asian shares rose on Friday after U.S. equities were buoyed by a rebound in technology stocks, while markets in Seoul were underpinned by optimism as leaders of North and South Korea held their first summit in over a decade.
Weak consumer spending seen restraining U.S. growth in first quarter
WASHINGTON (Reuters) – The U.S. economy likely slowed in the first quarter as growth in consumer spending braked sharply, but the setback is expected to be temporary against the backdrop of a tightening labor market and large fiscal stimulus.
Southwest Airlines orders 40 Boeing 737 MAX jets worth $4.68 billion
(Reuters) – U.S. carrier Southwest Airlines has ordered 40 Boeing Co 737 MAX 8 jets worth $4.68 billion at list price to help modernise its fleet, the airline said.
Amazon delivers dazzling profits, as well as $20 Prime hike and NFL games
(Reuters) – Amazon.com Inc more than doubled its profit on Thursday and predicted strong spring results as the world’s biggest online retailer raised the price for U.S. Prime subscribers, added U.S. football games and touted its cloud services for bus…
Conoco sues to enforce $2 billion award that Venezuela scorns
CARACAS (Reuters) – Venezuela on Thursday scorned a $2.04 billion award to ConocoPhillips over a decade-old nationalization as the U.S. oil producer filed suit in a federal court to enforce the decision.
Under pressure from Elliott, Hyundai Motor to cancel $890 million in shares
SEOUL (Reuters) – Hyundai Motor said on Friday it plans to cancel 960 billion won ($890 million) worth of treasury shares, its first share cancellation in 14 years, to boost shareholder returns.
Asian shares edge higher after U.S. tech shares bounce
SINGAPORE (Reuters) – Asian shares edged higher on Friday, after U.S. equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rat…
Asian shares rise as U.S. earnings bolster Wall Street
SINGAPORE (Reuters) – Asian shares edged higher on Friday, after U.S. equities were buoyed by solid quarterly earnings and a rebound in technology stocks, while the euro languished near three-month lows after the European Central Bank kept interest rat…
China’s top court rules for Dior in IP case, raps trademark office
SHANGHAI (Reuters) – China’s top court has ruled in favor of French fashion house Christian Dior , overturning rulings by lower courts and rapping the local trademark office for rejecting an application by the firm to register a perfume bottle trademar…
