U.S. stock index futures slipped on Tuesday after President Donald Trump said a trade deal with China might have to wait until after the U.S. presidential election in November 2020, sparking fears of a delay in resolving the tariff dispute.
U.S. stock index futures slipped on Tuesday after President Donald Trump said a trade deal with China might have to wait until after the U.S. presidential election in November 2020, sparking fears of a delay in resolving the tariff dispute. “I have no deadline, no. In some ways I think it’s better to wait until after the election with China,” Trump told reporters in London where he was due to attend a meeting of NATO leaders. Technology stocks including Apple Inc as well as chipmakers and industrial stocks, which are trade-sensitive, fell in premarket trading. …read more […]
Oil prices steadied around $61 a barrel on Tuesday as rising expectations of deeper output cuts from OPEC and its allies were countered by a potential delay to a U.S.-China trade agreement until after the next U.S. presidential election.
Three pharmacy chains, including Walgreens Boots Alliance, have filed a lawsuit against drugmakers Bausch Health Inc, Assertio Therapeutics and Lupin Ltd, seeking damages for overcharging for Bausch’s diabetes drug Glumetza. The lawsuit, filed on Monday, alleges that Assertio and Lupin struck a deal with units of Bausch to delay the entry of their generic versions of Glumetza and allowed the companies to “maintain a monopoly” in the sale of the branded drug and its generic copies. …read more […]
Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S. President Donald Trump again.
Terry Gou, the billionaire founder of Apple supplier Foxconn, said on Tuesday he would discuss investment and the China-U.S. trade war while in the United States, adding that he may get to meet U.S. President Donald Trump again. Gou, Taiwan’s richest person with a net worth of $7.6 billion according to Forbes, stepped down as chief of Foxconn this year, handing over the running of the company to an operations committee. Gou, who is attending the White House Christmas party as part of his 10-day trip, met Trump in Washington in May to discuss the Taiwanese company’s planned …read more […]
Elon Musk is known for his eccentric, sometimes controversial use of Twitter. Now, Tesla Inc’s chief executive may have to pay for using Twitter to brand someone a pedophile.
British cave explorer Vernon Unsworth is suing Tesla Chief Executive Elon Musk for defamation over three tweets on July 15, 2018, including one in which Musk allegedly branded him a pedophile, calling him “pedo guy.”
Elon Musk is known for his eccentric, sometimes controversial use of Twitter. Now, Tesla Inc’s chief executive may have to pay for using Twitter to brand someone a pedophile. Musk is expected on Tuesday to go on trial for allegedly defaming Vernon Unsworth, a British cave explorer who gained international renown for playing a lead role in the rescue of 12 boys and their soccer coach from the Tham Luang Nang Non cave in Thailand in July 2018. …read more […]
The Trump administration considered banning China’s Huawei from the U.S. financial system earlier this year as part of a host of policy options to thwart the blacklisted telecoms equipment giant, according to three people familiar with the matter.
France and the European Union are ready to retaliate if U.S. President Donald Trump acts on a threat to impose duties of up to 100% on $2.4 billion in imports of champagne, handbags and other French products, the French government said on Tuesday.
Vietnamese startup Bamboo Airways said on Tuesday it will take delivery of a Boeing 787-9 Dreamliner this month, its first wide-body aircraft, and aims to start direct flights to the United States by early 2021.
Vietnamese startup Bamboo Airways said on Tuesday it will take delivery of a Boeing 787-9 Dreamliner this month, its first wide-body aircraft, and aims to start direct flights to the United States by early 2021. The plane will be the first that Bamboo owns, Vice Chairman Dang Tat Thang said, adding that the airline currently operates 20 leased Airbus aircraft. “The new wide-body aircraft will enable us to launch our direct flights to the United States, in late 2020 or early 2021,” Thang told a press conference. …read more […]
Drawing a distinction with other Democratic candidates, Mayor Pete Buttigieg released a health plan on Tuesday that pushes toward universal health coverage by focusing more on the social determinants of health. …read more […]
U.S. President Donald Trump said on Tuesday he had no deadline for reaching a trade agreement with China and it might be better to wait until after the U.S. presidential election in November 2020.
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