Equity markets across Europe and Asia rose on Monday after U.S. President Donald Trump said he would hold off on hiking tariffs on Chinese imports, buoying hopes of a resolution to a trade war between the world’s two biggest economies.
Munich prosecutors fined BMW 8.5 million euros ($9.65 million) for administrative lapses after the German luxury carmaker installed the wrong engine management software into 7,965 vehicles, leading to higher emissions.
Japan’s Sony, which has fallen way behind its South Korean and Chinese rivals in the smartphone sales race, aims to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Russia-based private equity group Baring Vostok appealed on Monday for President Vladimir Putin to take a criminal investigation into its U.S. founder Michael Calvey and other executives under his personal control.
China’s Huawei Technologies is prepared to defend itself in court in the Czech Republic if it is unable to resolve a security warning from the country’s cyber watchdog in an open way, its country manager was quoted as saying on Monday.
Berkshire Hathaway Inc reported quarterly adjusted earnings of $2.32 per share. The mean expectation of 4 analysts for the quarter that ended in December was for earnings of $1.85 per share.
Sony, the Japanese company that has fallen way behind its Korean and Chinese rivals in the smartphone sales race, is aiming to capitalize on its movie pedigree with new devices featuring 21:9 ratio screens, the dimensions used to film blockbusters.
Europe risks falling behind other regions in rolling out 5G mobile services because of onerous regulation and weak investment, not due to concerns about the security of networks, Ericsson CEO Borje Ekholm said.
“U.S. EASES CURBS ON EXPORTS TO CHINA” read a Reuters headline on March 1, 1989, when Washington lifted long-standing restrictions on technology shipments to China.
A Missouri Supreme Court ruling on talc lawsuits could reduce the liability and number of large trials Johnson & Johnson faces over allegations its talc products, including baby powder, cause cancer.
Intel Corp on Monday announced new chips and partnerships that it hopes will persuade its investors that the billions of dollars in research and development that it has poured into 5G networking technology will pay off.
A surge in Shanghai shares led Asia higher on Monday after U.S. President Donald Trump confirmed he would delay a planned hike in tariffs on Chinese imports as talks between the two sides made “substantial progress”.
President Donald Trump said on Sunday he would delay an increase in U.S. tariffs on Chinese goods thanks to “productive” trade talks and that he and Chinese President Xi Jinping would meet to seal a deal if progress continued.
Asian shares scaled a 5-month peak on Monday after U.S. President Donald Trump confirmed he would delay a planned increase on Chinese imports as talks between the two sides were making “substantial progress”.
U.S. President Donald Trump said on Sunday that he wants to make a trade deal with Beijing that will be great for both the United States and China and that there could be “very big news over the next week or two” if all goes well in negotiations.
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