Articles by admin

Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.

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Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to license its 5G mobile technology to a U.S. firm, as it seeks to alleviate security concerns over its products.

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When Volkswagen’s Africa boss Thomas Schaefer set out to conquer the continent, he quickly realized he needed more than a flashy new product. He needed a new business model.

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A series of cyberattacks on Airbus in the past few months were conducted via the computer systems of the aerospace group’s suppliers and contractors, and security sources suspect a link to China, AFP news agency reported on Thursday.

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China’s Foreign Ministry deplored on Thursday sanctions imposed by the United States on Chinese entities and individuals it accuses of knowingly transferring oil from Iran in violation of Washington’s curbs on Tehran.

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The United States is imposing new sanctions on certain Chinese entities and people who it accuses of knowingly transferring oil from Iran in violation of Washington’s curbs on Tehran, U.S. Secretary of State Mike Pompeo said on Wednesday.

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Britain’s Civil Aviation Authority (CAA) said over 70 flights are scheduled for Thursday to bring back 16,000 people to the country following the collapse of Thomas Cook.

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Asian stocks pared gains on Thursday and safe-haven assets rose as optimism for a quick resolution to the U.S.-China trade war faded.

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The Swiss anti-trust authority has approved Sunrise Communications’ 6.3 billion Swiss franc ($6.36 billion) takeover of Liberty Global’s UPC business, setting up a showdown between the telecoms company and foes of the deal.

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The chairman of the Japan Automobile Manufacturers Association said on Thursday that trade discussions between the United States and Japan were going in the direction of avoiding auto tariffs and that it was good for both countries.

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SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup’s IPO, the Financial Times reported.

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A group of PG&E Corp noteholders said in a court filing on Wednesday that they are ready to invest $29.2 billion into the power producer as part of a reorganization plan that will pay off liabilities from wildfires that drove it to bankruptcy.

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Asian stocks rose on Thursday as hopes the United States and China may soon end their year-long trade war boosted demand for riskier assets while worries about a U.S. presidential impeachment bid ebbed.

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The U.S. Justice Department will open an antitrust investigation of Facebook Inc , a person familiar with the matter said on Wednesday, marking the fourth recent antitrust probe of the social media company.

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SoftBank Group Corp is planning to invest an additional $1 billion or more in WeWork, altering a warrant agreement struck before WeWork postponed its IPO plans, the Financial Times reported, citing people briefed on the matter.

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