ArcelorMittal makes deeper cuts to steel production in Europe
ArcelorMittal, the world’s largest steelmaker, cut steel production in its main market, Europe, for the second time this month, blaming weak demand and high imports.
ArcelorMittal, the world’s largest steelmaker, cut steel production in its main market, Europe, for the second time this month, blaming weak demand and high imports.
Nissan Motor Co’s premium brand Infiniti is relocating its headquarters back to Japan from Hong Kong, its home since 2012, to create “more operational efficiencies” with its parent company, according to a document seen by Reuters on Wednesday.
The International Air Transport Association (IATA) will organize a summit with airlines, regulators and manufacturers in 5 to 7 weeks to discuss what is needed for the Boeing Co 737 MAX to return to service, the airline group’s head said on Wednesday.
Asian shares fell on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between the United States and China showing no signs of easing.
U.S. stocks will build on this year’s already strong gains over the rest of 2019 despite growing U.S.-China trade tensions that represent the biggest threat to the market, according to a Reuters poll of strategists.
China is ready to use rare earths to strike back in a trade war with the United States, Chinese newspapers warned on Wednesday in strongly worded commentaries on a move that would escalate tensions between the world’s two largest economies.
Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC) and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.
Taiwan-based chip supplier MediaTek Inc on Wednesday released a new 5G chip for fast, high-end smartphones that aims to take on much larger rival Qualcomm Inc.
China’s Huawei Technologies Co Ltd has filed a motion for summary judgment in its lawsuit against the U.S. government, in the telecoms equipment maker’s latest bid to fight sanctions from Washington that threaten to push it out of global markets.
Mexican authorities raided the home of the former chief executive officer of state oil firm Pemex, Emilio Lozoya, on Tuesday night when he was not home, his lawyer Javier Coello said in an interview with Milenio Television.
Asian shares sank on Wednesday and bonds rallied as investor sentiment soured over growing worries about world growth with trade tensions between Washington and Beijing showing no signs of easing.
Less than a week after Huawei Technologies was blacklisted by the United States, more than a hundred South Korean politicians and business leaders toured the Chinese tech giant’s headquarters and its lavish new campus outside Shenzhen.
China’s Communist Party newspaper warned the United States on Wednesday that the country was ready to use rare earths to strike back in their bitter trade war, saying in an extremely strongly worded commentary “don’t say we didn’t warn you”.
China’s Huawei Technologies Co Ltd has filed a motion for summary judgment in its lawsuit against the U.S. government, according to a court filing in the United States, in the telecoms equipment maker’s latest attempt to fight sanctions from Washington that threaten to push it out of global markets.
Qualcomm Inc on Tuesday asked a federal judge not to enforce her decision that it illegally squeezed out rivals in the smartphone chips market as it plans to file an appeal that could take more than a year to wind through the courts.
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