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NEW YORK (Reuters) – U.S. stocks slid on Monday as the White House’s restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Traders work on the floor at the New York Stock […]

NEW YORK (Reuters) – U.S. stocks slid on Monday as the White House’s restrictions on Chinese telecom equipment company Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China. Traders work on the floor at the New York Stock […]

(Reuters) – U.S. footwear companies, including Nike Inc and Under Armour, on Monday urged U.S. President Donald Trump to remove footwear from the proposed tariffs list on goods imported from China. FILE PHOTO: The logo of Dow Jones Industrial Average stock market index listed company Nike (NKE) is seen in Los Angeles, California, United States, […]

FILE PHOTO: Ola Kaellenius, a board member of Daimler AG presents the new Mercedes GLC F-CELL during the Frankfurt Motor Show (IAA) in Frankfurt, Germany September 12, 2017. REUTERS/Kai Pfaffenbach/File Photo FRANKFURT (Reuters) – Incoming Daimler boss Ola Kaellenius is working on a cost cut program to reach profit margin targets which are threatened by […]

WASHINGTON (Reuters) – T-Mobile US Inc’s $26 billion acquisition of rival Sprint Corp won the support of the head of the Federal Communications Commission on Monday, in a big step toward the deal’s approval. A sign for a T-Mobile store is seen in Manhattan, New York, U.S., April 30, 2018. REUTERS/Shannon Stapleton FCC Chairman Ajit […]

LONDON (Reuters) – British companies are likely to cancel projects that they have put on hold because of Brexit uncertainty if the country leaves the European Union without a deal to smooth the shock, Bank of England Deputy Governor Ben Broadbent said on Monday. FILE PHOTO: The Canary Wharf financial district is seen at dusk […]

SAN FRANCISCO (Reuters) – Tesla’s stock and bonds tumbled on Monday as investors worried about the automaker’s cash burn and problems with an Autopilot system that CEO Elon Musk has held out as key to the electric car maker’s future. FILE PHOTO: People visit a Tesla booth during the media day for the Shanghai auto […]

(Reuters) – U.S. stocks dropped on Monday, as Washington’s restrictions on China’s Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world’s two largest economies. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. REUTERS/Brendan […]

FILE PHOTO: St. Louis Federal Reserve Bank President James Bullard speaks at a public lecture in Singapore October 8, 2018. REUTERS/Edgar Su/File Photo FRANKFURT (Reuters) – Trade tensions with China need to linger for an extended period to cause real damage to the United States economy, St. Louis Fed President James Bullard said in remarks […]

(Reuters Health) – Almost half of the people who followed Juul Labs Inc on Twitter last year were not old enough to legally purchase e-cigarettes in the United States, according to a study published on Monday. A sign advertising Juul brand vaping products is seen outside a shop in Manhattan in New York City, New […]

FILE PHOTO: The Canary Wharf financial district is seen at dusk in London, Britain, March 26, 2019. REUTERS/Marika Kochiashvili/File Photo LONDON (Reuters) – British companies are likely to cancel projects that they have put on hold because of uncertainty about Brexit if the country leaves the European Union without a deal to smooth the shock, […]

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan in this file photograph taken August 25, 2009. REUTERS/Jeff Kowalsky/Files DETROIT (Reuters) – General Motors Co said on Monday most of its global models will be capable of over-the-air software upgrades by 2023, as the automaker rolls out new […]

(Reuters) – U.S. stocks fell on Monday, as Washington’s crackdown on China’s Huawei Technologies stoked fears about a hit to the broader technology sector and ratcheted up trade tensions between the world’s two largest economies. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. REUTERS/Brendan […]

LONDON (Reuters) – Apple Face ID parts supplier Lumentum Holdings Inc followed Google on Monday in clamping down on the business it does with Huawei Technologies, after U.S. President Donald Trump imposed a ban on the Chinese firm on national security grounds. A 3-D printed Android logo is seen in front of a displayed Huawei […]

NEW YORK (Reuters) – Global equity markets fell on Monday as a U.S. crackdown on China’s Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before this week’s Federal Reserve meeting. A specialist trader works at his post on […]

The logo of Mazars, an international, integrated organisation, that is specialised in audit, accounting, tax and advisory services is seen on a building in the financial district of la Defense near Paris, France, May 14, 2018. REUTERS/Charles Platiau LONDON (Reuters) – Goldman Sachs International has appointed Mazars to audit its London-based European operations in a […]

(Reuters) – U.S. stocks fell on Monday, as a crackdown on China’s Huawei Technologies raised concerns of a bigger impact on chipmakers and added to fears of an escalation in trade war between the two nations. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 20, 2019. […]

DETROIT (Reuters) – Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part of its larger restructuring in a move that will save the No. 2 automaker $600 million annually. FILE PHOTO: FILE PHOTO – The Ford logo […]