The Chinese government’s top diplomat, State Councillor Wang Yi, said on Friday that China supports Huawei Technologies’ bid for legal redress in the United States, adding that Beijing would resolutely protect the rights of Chinese people and firms.
Asian stocks shuddered lower on Friday after the European Central Bank slashed its growth forecasts and surprised everyone with a new of policy stimulus, leaving investors fearing the worst for the global economy.
Asian stocks shuddered lower on Friday after the European Central Bank slashed its growth forecasts and launched an emergency round of policy stimulus, leaving investors fearing the worst for the global economy.
Deutsche Bank and Commerzbank’s chief executives have resumed talks over a potential merger of Germany’s two biggest lenders, Focus magazine reported on Friday, citing people familiar with the matter.
Asian stocks were headed for harm on Friday after the European Central Bank slashed its growth forecasts and launched an emergency round of policy stimulus, leaving investors fearing the worst for the global economy.
Germany does not want to ban Chinese telecoms equipment maker Huawei Technologies from building its 5G networks, Economy Minister Peter Altmaier said on Thursday, adding that Berlin would tighten security criteria for all vendors instead.
SpaceX Chief Executive Elon Musk’s security clearance is being reviewed by the Pentagon after the billionaire smoked marijuana on a California comedian’s podcast in September, a U.S. official said on Thursday.
Tesla Inc said on Thursday it signed an agreement with lenders in China for a 12-month facility of up to 3.5 billion yuan ($521 million) for the electric carmaker’s Gigafactory in Shanghai.
The U.S. Federal Communications Commission said on Thursday it has halted the informal 180-day “shot clock” on the review of the merger of wireless providers Sprint Corp and T-Mobile US Inc to give the public three additional weeks to comment on the $26 billion tie-up.
Wall Street’s main indexes fell for a fourth consecutive session on Thursday, after Europe’s central bank said it would defer interest rate hikes and offered banks a new round of cheap loans, raising fresh concerns about global economic growth.
A gauge of global stock markets stumbled on Thursday while the U.S. dollar rose, as the European Central Bank postponed interest rate hikes to 2020 and launched a new round of cheap loans to banks in an effort to spark the euro zone economy.
The U.S. Securities and Exchange Commission is investigating whether the multi-tiered pricing system used by stock exchanges favors large brokers at the expense of small ones, according to a person familiar with the matter.
The U.S. State Department declined to comment on Thursday on a lawsuit against the United State by Chinese telecommunications equipment maker Huawei Technologies, and said Washington advocates for secure networks that are free from undue foreign government influence.
Two U.S. House Democrats asked the White House and Justice Department to turn over documents that could show whether Republican President Donald Trump sought to intervene in the regulatory review of AT&T Inc’s $85 billion acquisition of Time Warner Inc.
American Airlines Group Inc grounded 14 Boeing 737-800 airplanes on Thursday after complaints by pilots that overhead bins on some recently-retrofitted aircraft interiors were not closing, an American official said.
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