Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be “one-and-done” with U.S. rate hikes, while oil fell anew as producers bickered over the details of an output cut.
Fiat Chrysler Automobiles plans to build Jeep Grand Cherokee SUVs in a mothballed Detroit plant in 2020, four people familiar with the plans told Reuters on Thursday.
The United States is trying to “stifle” Chinese technology company Huawei and curb its global expansion with the arrest of a top executive, Chinese state media said on Friday.
Japan plans to ban government purchases of equipment from China’s Huawei Technologies Co Ltd and ZTE Corp to beef up its defenses against intelligence leaks and cyber attacks, sources told Reuters.
Oil prices fell on Friday, pulled down by OPEC’s decision to delay a final decision on output cuts, awaiting support from non-OPEC heavyweight Russia.
The arrest in Canada of Meng Wanzhou, a top executive at China’s Huawei Technologies Co Ltd and daughter of the founder and CEO, jolted the global business community on Thursday and raised fears that a truce in the U.S.-China trade war could come to a swift end.
President Donald Trump did not know about plans to arrest a top executive at Chinese telecoms giant Huawei in Canada, two U.S. officials said on Thursday, in an apparent attempt to stop the incident from impeding crucial trade talks with Beijing.
Bombardier Inc said on Thursday it expects to deliver 150 to 155 business aircraft next year, helping the Canadian maker of planes and trains meet an $18 billion revenue target for 2019.
Online cosmetics retailer Birchbox made its debut inside several Walgreens Boots Alliance Inc stores across the United States on Thursday, one of many e-commerce companies expanding its physical presence to better connect with shoppers and drive sales.
Asian share markets tried to find their footing on Friday as speculation the Federal Reserve might be “one-and-done” with U.S. rate hikes helped salve some wounds after a punishing week.
Chevron Corp plans to spend $20 billion next year on oil and natural gas projects, the second-largest U.S. oil producer said on Thursday in a statement, its first increase in four years.
Noble Group’s $3.5 billion debt rescue plan was thrown into doubt on Thursday when Singapore authorities said they would block the re-listing of shares in what was once Asia’s top commodity trader.
Broadcom Inc on Thursday reported quarterly revenue and profit above analysts’ estimates, driven by strong demand for its enterprise storage and networking products from data centers, sending its shares up 5 percent in extended trading.
The Trump administration, which has had strained relations with technology companies, met on Thursday with top tech executives to discuss ways to “ensure American dominance” of innovation and the future of high tech jobs.
Tesla Inc will pay a 50-50 mix of stock and cash to holders of its bonds due in March, if they elect to convert the debt, Bloomberg reported on Thursday, citing a copy of the settlement notice.
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