Business & Finance News
Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, Beijing said on Thursday, in a further sign of potential de-escalation in the bitter and protracted trade war between the world’s two largest economies.
When Apple Inc introduced its triple-camera iPhone this week, marketing chief Phil Schiller waxed on about the device’s ability to create the perfect photograph by weaving it together with eight separate exposures captured before the main shot, a feat of “computational photography mad science.”
Investors are chewing out Kraft Heinz Co for failing to lay out a full strategy for how it plans to compete in the roughly $3 billion-a-year plant-based protein market.
World stocks climbed to their highest in six weeks on Thursday as the European Central Bank prepared to offer new stimulus measures and the United States and China made mutual concessions in their trade dispute, improving demand for riskier bets.
Huawei Technologies’ device business, comprising mainly smartphones, made a 11 billion yuan ($1.55 billion) profit in the first half of this year – as much as it earned in all of 2018 – a rare regulatory filing showed.
British American Tobacco plans to lay off 4% of its workforce, including a fifth of senior managers, as recently-promoted chief executive Jack Bowles grapples with challenges to the group’s legacy products and health fears over vaping.
At a dusty drilling site east of San Antonio, shale producer EOG Resources Inc recently completed its latest well using a new technology developed by a small services firm that promises to slash the cost of each by $200,000.
China said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a potential de-escalation in a bitter trade war between the two countries.
The European Central Bank is set to unveil fresh stimulus measures on Thursday to prop up the ailing euro zone economy, but its exact moves are far from certain and a decision that underwhelms markets risks pushing up borrowing costs.
When Hong Kong Exchange chief executive Charles Li described his company’s surprise offer for the London Stock Exchange this week as a “a corporate tale of Romeo and Juliet,” listeners outside Asia may have been surprised by the colorful analogy.
Iraq’s and Nigeria’s oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets.
China’s Commerce Ministry said on Thursday that Chinese companies have started to inquire about prices for U.S. agricultural goods purchases, in a further sign of a thaw emerging in a bitter trade war between the two countries.
Hong Kong stock exchange shares fell more than 3% on Thursday as investors raised concerns about the political and regulatory risks involved in its $39 billion approach to take over London Stock Exchange (LSE) .
Waymo is exploring deploying its self-driving technology in the trucking industry, CEO John Krafcik said on Thursday, as it works with industry partners to seize a commercial opportunity from a looming shortage of human drivers.
Mexico’s $5 billion rescue package to pay down debt at Pemex [PEMX.UL] is a one-of-a-kind transaction that should give the struggling state oil company breathing space to focus on output and costs, Deputy Finance Minister Gabriel Yorio said.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
