Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers.
SoftBank’s Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financial Times reported, citing people directly involved in the deal.
China’s commerce ministry said on Thursday it would keep levying anti-dumping tax on tetrachloroethylene imported from the European Union and United States until May 30, 2020, while it reviews domestic requests to extend the duties.
Huawei Technologies unveiled an open lab for next-generation 5G wireless network in South Korea on Thursday, but kept the launch low-key given its recent blacklisting by the United States, a key security ally of the Asian nation.
Exxon Mobil Corp shareholders on Wednesday rejected a proposal to split the chief executive officer and board chairman roles that some had promoted to protest a decision to strike an unrelated climate change resolution from the ballot.
Asian stocks tracked Wall Street losses on Thursday as latest exchanges between Beijing and Washington signaled the heightened risk of a prolonged trade war, stoking investors’ concerns about the impact on global economic growth.
China’s Vice Foreign Minster Zhang Hanhui said on Thursday deliberately provoking trade disputes amounted to “naked economic terrorism”, as Beijing continued to dial up its rhetoric amid the festering trade war with the United States.
China’s Vice Foreign Minster Zhang Hanhui said on Thursday deliberately provoking trade disputes amounted to “naked economic terrorism”, as Beijing continued to dial up its rhetoric amid the festering trade war with the United States.
Walt Disney Co Chief Executive Bob Iger told Reuters on Wednesday it would be “very difficult” for the media company to keep filming in Georgia if a new abortion law takes effect because many people will not want to work in the U.S. state.
U.S. companies are years away from challenging Chinese dominance of rare earth minerals due to a lack of domestic processing facilities, ensuring the Asian nation will maintain its near-monopoly on refining and powerful leverage in trade talks.
PVH Corp cut its annual profit forecast by 10 cents a share on Wednesday as the Calvin Klein and Tommy Hilfiger brands owner grapples with tariffs and slowing retail growth, exacerbated by weak spending from overseas shoppers in the face of a strong U.S. dollar, sending its shares down 12% after hours.
Intellicheck (NYSE: IDN), Interview with CEO Bryan Lewis discussing the company’s ID verifications solutions which are SaaS based, and now being adopted by financial institutions, retailers, government and law enforcement agencies. […]
Asian stocks tracked Wall Street losses on Thursday as rhetoric from Beijing and Washington over trade matters kept alive investor concerns about the tariff war’s impact on global economic growth.
U.S. Vice President Mike Pence and Canadian Prime Minister Justin Trudeau will discuss their countries’ joint dispute with China over Huawei during a meeting in Ottawa on Thursday, a senior U.S. administration official said.
China’s war of words with the United States over their escalating trade dispute will reach a crescendo of sorts when a broadcaster from Chinese state television debates a Fox Business host in prime time on the U.S. cable network.
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