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Business News

China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms

June 27, 2019 admin Comments Off on China urges U.S. to lift sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately remove sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries’ leaders are due to meet for talks on trade.

…read more […]

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Business News

Singapore Airlines, Malaysia Airlines to explore wide-ranging partnership

June 27, 2019 admin Comments Off on Singapore Airlines, Malaysia Airlines to explore wide-ranging partnership

Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.

…read more […]

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Business News

Vivendi’s shares fall as concerns mount of hitches to UMG stake sale

June 27, 2019 admin Comments Off on Vivendi’s shares fall as concerns mount of hitches to UMG stake sale

Vivendi’s shares fell on Thursday, which traders attributed to a media report of a possible hitches to its planned sale of a stake in its Universal Music Group division.

…read more […]

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Business News

Bayer lifted by new plan to tackle glyphosate lawsuits, Elliott approval

June 27, 2019 admin Comments Off on Bayer lifted by new plan to tackle glyphosate lawsuits, Elliott approval

Bayer shares jumped on Thursday after it revealed plans aimed at resolving multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has taken a sizeable stake in the chemicals company.

…read more […]

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Oil slips below $66 ahead of G20, OPEC meeting

June 27, 2019 admin Comments Off on Oil slips below $66 ahead of G20, OPEC meeting

Oil slid below $66 a barrel on Thursday, pressured by concerns over whether the G20 summit will produce a breakthrough on trade and perceptions that supply is ample despite the prospect of continued OPEC curbs.

…read more […]

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China’s Xi to present Trump with terms for settling trade fight: WSJ, citing Chinese officials

June 27, 2019 admin Comments Off on China’s Xi to present Trump with terms for settling trade fight: WSJ, citing Chinese officials

Chinese President Xi Jinping plans to present U.S. President Donald Trump with a set of terms the United States should meet before Beijing is ready to settle their trade dispute, the Wall Street Journal reported on Thursday.

…read more […]

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Business News

Singapore Airlines, Malaysia Airlines to explore wide-ranging strategic partnership

June 27, 2019 admin Comments Off on Singapore Airlines, Malaysia Airlines to explore wide-ranging strategic partnership

Singapore Airlines and Malaysia Airlines have signed a preliminary agreement to explore a wide-ranging strategic partnership that could include more codeshares as well as cargo and aircraft maintenance, the companies said on Thursday.

…read more […]

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Business News

Nissan’s Saikawa gets lowest approval among directors endorsed at AGM: filing

June 27, 2019 admin Comments Off on Nissan’s Saikawa gets lowest approval among directors endorsed at AGM: filing

Nissan Motor Co Chief Executive Hiroto Saikawa had the lowest approval among the 11 directors endorsed by shareholders at its annual general meeting (AGM) this week, gaining only 78% of the votes, a filing showed on Thursday.

…read more […]

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Bitcoin slides 12%, ending recent surge

June 27, 2019 admin Comments Off on Bitcoin slides 12%, ending recent surge

Bitcoin’s price skidded 12% lower on Thursday to around $11,383 after hitting an 18-month high of nearly $14,000 earlier this week.

…read more […]

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Business News

China urges U.S. to cancel sanctions on Huawei as Trump-Xi meeting looms

June 27, 2019 admin Comments Off on China urges U.S. to cancel sanctions on Huawei as Trump-Xi meeting looms

The United States should immediately cancel sanctions on Chinese telecoms equipment maker Huawei, a commerce ministry spokesman said on Thursday, days before the two countries’ leaders are due to meet for talks on trade.

…read more […]

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Business News

ADNOC closes $4 billion pipeline deal with KKR and BlackRock

June 27, 2019 admin Comments Off on ADNOC closes $4 billion pipeline deal with KKR and BlackRock

Abu Dhabi National Oil Company (ADNOC) said on Thursday it had completed a deal for BlackRock and KKR to buy a 40% stake in ADNOC Oil Pipelines for $4 billion.

…read more […]

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Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX

June 27, 2019 admin Comments Off on Airlines body IATA urges regulators to co-ordinate on re-entry to service of Boeing 737 MAX

Global airlines on Thursday urged regulators to coordinate on technical requirements and timelines for the safe re-entry to service of the Boeing 737 MAX, which was grounded in March after two fatal accidents.

…read more […]

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Business News

Sino-U.S. trade truce hopes rekindle risk appetite

June 27, 2019 admin Comments Off on Sino-U.S. trade truce hopes rekindle risk appetite

Risk appetite returned to world markets on Thursday following a media report the United States and China have tentatively agreed to a truce ahead of a highly-anticipated weekend meeting of the two nations’ leaders in Tokyo.

…read more […]

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Business News

Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

June 27, 2019 admin Comments Off on Bayer buoyed by new approach to glyphosate lawsuits, Elliott stake

Bayer shares jumped on Thursday after the chemicals group beefed up plans to tackle multi-billion dollar lawsuits linked to glyphosate, a move welcomed by activist shareholder Elliott, which has revealed a sizeable stake in the company.

…read more […]

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Business News

China opposes U.S. abuse of export control, urges cooperation

June 27, 2019 admin Comments Off on China opposes U.S. abuse of export control, urges cooperation

China opposes U.S. abuse of export controls and urges the United States to return to a track of cooperation, a commerce ministry spokesman said on Thursday, days before the two countries’ leaders are set to meet for talks on trade issues.

…read more […]

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Carbonium Core (NASDAQ: TOMZ) Targets $1.5 Billion Annual Revenue Opportunity—Could It Become the MP Materials of Nuclear-Grade Graphite? The AI revolution is creating an unprecedented surge in electricity demand—and Carbonium […]

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