The Trump administration is set to issue a 90-day extension of a license on Monday allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL], two sources familiar with the deliberations said.
Jazeera Airways is not happy with Airbus production delays that have delayed delivery of aircraft to the airline and it has not plans to place an aircraft order at this week’s Dubai Airshow, its chief executive said.
Nov.17 — Hong Kong police move to clear protesters at a university in Kowloon after a weekend standoff and more violent clashes. Bloomberg’s Stephen Engle reports on “Bloomberg Markets: Asia.” …read more […]
Nov.17 — Hong Kong police move to clear protesters at a university in Kowloon after a weekend standoff and more violent clashes. Bloomberg’s Stephen Engle reports on “Bloomberg Markets: Asia.” …read more […]
(Bloomberg) — In a rare show of public support, Palantir Technologies Inc.’s co-founder and chairman Peter Thiel pitched the power of the data-mining company during a splashy Tokyo event marking its formal entry into Asia and a deal with Sompo Holdings Inc.With the $150 million deal, funded 50-50 by Palantir and Sompo, the duo are inaugurating Palantir Technologies Japan Co. The new company will target government and public sector customers, emphasizing health and cybersecurit initially. Like IBM Corp. and other providers, Palantir’s software pulls together a range of data provided by its customers, mining it for patterns and displaying connections …read more […]
China’s central bank unexpectedly trimmed a key interbank lending rate on Monday, the first easing in the liquidity tool in more than four years and a signal to markets that policymakers are ready to act to prop up slowing growth. The People’s Bank of China (PBOC) said on its website that it was lowering the seven-day reverse repurchase rate to 2.50% from 2.55%. The move cheered China’s bond market and comes just two weeks after the PBOC cut the borrowing cost on its medium-term lending facility (MLF) loans by the same margin. …read more […]
Nov.17 — Richard Harris, chief executive officer at Port Shelter Investment Management, discusses the U.S.-China trade talks and his outlook for the negotiations and the markets. He speaks on “Bloomberg Markets: Asia.” …read more […]
Nov.17 — Richard Harris, chief executive officer at Port Shelter Investment Management, discusses the U.S.-China trade talks and his outlook for the negotiations and the markets. He speaks on “Bloomberg Markets: Asia.” …read more […]
(Bloomberg Opinion) — Two- and-a-half years after the Indian central bank took the highly unusual step of directing banks to put 12 large corporate debtors into bankruptcy, the most closely watched of the “distressed dozen” cases has finally been resolved.With the Supreme Court in New Delhi clearing the decks for the sale of Essar Steel India Ltd., the Ruia family has accepted defeat. Control of the 10 million-tons-a-year integrated plant in western India will pass to ArcelorMittal, which will pay banks 420 billion rupees ($5.9 billion), or 90% of their claims.This final episode of a drawn-out legal saga, in which …read more […]
The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker. The Mach E has become within Ford a high-profile test for a restructuring that has been marred by profit warnings, costly quality problems and the troubled launch this year of another important vehicle, the Ford Explorer sport utility. …read more […]
(Bloomberg) — Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast.China lowered the cost it charges on short-term open-market operations for the first time since October 2015, a move aimed at shoring up confidence following a string of poor economic data.The People’s Bank of China cut the interest rate on its seven-day reverse repurchase agreements to 2.5% from 2.55% on Monday. The authorities also added 180 billion yuan ($26 billion) of cash into the financial system via open market operations, helping to alleviate liquidity concerns.The yield on …read more […]
Asian shares blipped higher on Monday after Beijing surprised markets by trimming a key interest rate for the first time since 2015, stirring speculation that more stimulus was on the way for the world’s second-largest economy. MSCI’s broadest index of Asia-Pacific shares outside Japan also moved 0.3% higher. Japan’s Nikkei added 0.38%, and was just short of its recent 13-month top. …read more […]
Nov.17 — Lindsey Ford, foreign policy fellow at the Brookings Institution, talks about the protests in Hong Kong. Police moved to clear protesters at a university in Kowloon after a weekend standoff, leading to dramatic scenes with smoke billowing from multiple fires at the campus as the work week kicked off. Ford speaks with Yvonne Man and Tom Mackenzie on “Bloomberg Markets: China Open.” …read more […]
Ford Motor Co has tried and failed to generate interest in utilitarian electric vehicles such as a battery-powered Focus compact car. Now, the company is using the high-performance image of its Mustang muscle cars to sell an electric SUV. Here are some details of the Mustang Mach E’s design and performance.
The Mustang Mach E electric sport utility vehicle Ford Motor Co unveiled in Los Angeles on Sunday is more than another car for the storied automaker.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
