Finance

ARM Suspends Business with Huawei

An analyst speaking to the Beeb said that he thought the withdrawal of Arm co-operation would be an " insurmountable " blow to Huawei's business if it was susta...


Huawei denied Honorable use of Android

The company has been all but shut out of the US phone market due to longstanding security concerns. The suspension of business contacts between Huawei and Goog...


Huawei Gets Temporary Relief From Its U.S. Ban

On Monday, the Commerce Department granted Huawei a licence to buy USA goods until August 19 to maintain existing telecoms networks and provide software updates...


Trump rejects New York Times report on Deutsche Bank transactions

Deutsche That was Suggested by bank's anti-money laundering experts Transactions between entities Jared Kushner , his son-in-law, be reported on a USA servic...


Tata Motors profits fall 47% amid Jaguar Land Rover China slowdown

Tata said revenues were also affected by a one-off charge of 16.40 billion rupees it took a year ago due to accounting charges. The British premium vehicle m...


U.S. issues Huawei a temporary reprieve

Asked how long Huawei may face hard times, Ren said: "You may need to ask Trump about this question, not me". The trade war has already led to some conseque...


India's Modi shows confidence as opposition dismisses ominous exit polls

Modi is seen most likely to win but economists say the task before the new government is huge as growth slows and financial markets clamour for decisive and mea...


Ford layoffs 2019: Automaker cutting 7,000 white-collar jobs

Ford is eliminating 7,000 jobs, 10% of its staff worldwide, in an effort to cut the auto manufacturer's costs. In total, Ford is cutting roughly 2,300 jobs...


Yuan Rebounds on Reports of 'National Team' Support; Trade War in Focus

The MSCI, the Asia-Pacific broadest index reduced by 0.9%. Societe Generale estimated that should the current tariffs remain in place, the United States eco...


Intel, Qualcomm, Broadcom, and Xilinx All Move to Cut Off Huawei

If you imagined Samsung having a PR panic attack over the Galaxy Fold fiasco last month, you can probably imagine how Huawei is taking all the recent news that ...


Reasons Why the Sprint-T-Mobile Merger Looks Headed for Approval

Under the terms of the agreement, the companies also committed to not raise their rates for three years after the merger. T-Mobile and Sprint have additio...


This Is Why A McDonalds Was Forced To Stop Selling Milkshakes

Police requested that a McDonald's in Scotland stop selling milkshakes while Nigel Farage , the leader of Britain's Brexit Party, was in Edinburgh for a camp...


Restrictions may hurt growth only slightly, says Huawei chief

In remarks to the Japanese press and reported s. nikkei .com/2VMJSaT by Nikkei Asian Review , Ren reiterated that the Chinese telecom equipment maker has not...


Manchester Airport grounds flights due to issue with fuel supply

Passengers flying to Manchester have also been affected, with some being told at around 5pm that there were "issues" at the airport. Engineers said the issu...


Musk to review all of Tesla's expenses in new cost cutting plan

Tesla shares closed at the lowest level in nearly 2 1/2 years after Elon Musk called for a " hardcore " review of all the electric-car maker's expenses and...


Morehouse graduation speaker pledges to pay class of 2019 student debt

About 400 college graduates in Georgia will have their student loan debt paid off, thanks to a philanthropist. "My family is going to create a grant to elimin...


Tesla: N.Y. solar factory to make EV chargers, other products

Employment at the factory and Tesla's ability to meet its NY jobs target have been cause for much speculation as the company has weathered a bumpy year of lay...


Fatal Tesla Crash March 1 Is Latest to Involve Car's Autopilot

The National Transportation Safety Board has released a preliminary report into the third fatal accident involving Tesla's Autopilot technology. Preliminary v...


Trump lifts steel, aluminum tariffs on Canada, Mexico

Ron Wyden, a Democratic Senator from OR, said the tariffs had "caused real hardship, and I am glad that we can get back to the business of growing and making th...


Wreck injures 3 motorcycle officers in Trump motorcade

The unidentified officer suffered from an arm injury and also lost some teeth. The White House said the three motorcycle officers were being treated at a hosp...


Uber now offers 'conversation-free' premium trips

Now, users can take a nap, answer emails or listen to music without interruption from their driver. To this end, Quite Mode should give such groups an option to...


Bitcoin breaks past $8,000 to hit yet another 2019 price record

Optimism is now rife among traders, given the parabollic trajectory of price growth that has shed most forecasts into pieces over the past few weeks. Bitcoin ha...


Trump prepares more tariffs as China retaliates

Tech shares saw the S&P 500 advance by 0.4 percent. The Nasdaq Composite Index tumbled 3.4 per cent, the largest drop since Dec 4. "The reason we're seein...


Elon Musk faces trial over British diver 'pedo' tweet

A U.S. judge on Friday said Elon Musk must face a defamation lawsuit by a British diver who said he was falsely branded a paedophile and child rapist by the...


Saudi Tanker Attack Reveals Oil Market Weakness

Fujairah port is the only terminal in the UAE located on the Arabian Sea coast, bypassing the Strait of Hormuz, through which most Gulf oil exports pass, and wh...


Jury orders Bayer to pay $2 billion in third Roundup trial

It was the third consecutive US jury verdict against the company in litigation over the chemical, which Bayer acquired as part of its $63 billion purchase of ...


Escalating US-China Trade War Sends Stocks Plunging

Last Thursday morning the Dow skidded 580 points, only to regain almost 470 by close of trading on Friday. One of the unspoken taboos regarding this trade wa...


China to hike tariffs on $60 billion in USA goods

Beijing has already vowed to retaliate against Washington's Friday decision to impose 25 percent tariffs on $200 billion worth of Chinese goods. But three da...


Trump says talks with China to continue as trade war escalates

It's certainly possible in principle that the exporter - in this case Chinese enterprises - could "pay" by having to accept a lower price for good, so that the ...


Amazon's proposition to employees: Quit and we'll pay you to haul packages

The company said it now plans to fund startup costs, up to $10,000, as well as supplement three months of the former employee's last gross salary to get the de...


Supreme Court rules against Apple, allowing lawsuit targeting App Store to proceed

Apple v Pepper, as the case is called, dealt with the issue of whether Apple's 30 percent revenue cut is a charge that trickles down to consumers. Apple so...


Hamleys sold to Indian group

By purchasing Hamleys - a renowned 259-year-old British retailer whose flagship outlet on London's Regent Street is also a tourist attraction - Ambani may als...


United Kingdom economic growth picks up as stockpiling boosts manufacturing

The UK economy grew 0.5% in the first quarter, according to preliminary figures released by the Office for National Statistics on Friday. Manufacturers deli...


Air Canada plane, fuel truck collide at Pearson airport

The aircraft was taxiing to its gate, according to a spokeswoman for the Greater Toronto Airports Authority, which operates Pearson. A spokesman for Peel Re...


India's embattled Jet Airways gets two unsolicited bids

The lenders are offering 31.2-75 percent stake in the company on a fully diluted basis. Jet Airways ceased operations temporarily on April 17 because of acute...


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