Business & Finance News
Bidders for German 5G rollout contracts must guarantee the network will be free of foreign state influence, Chancellor Angela Merkel’s Christian Democrats agreed on Saturday, stopping short of singling out China’s Huawei.
The United States is the biggest source of global instability, the Chinese foreign ministry reported China’s top diplomat as saying on Saturday.
Britain’s opposition Labour Party will hold a rally outside an Amazon depot on Saturday as it highlights its promise to target multinational firms it accuses of dodging taxes and cheating workers should it win next month’s election.
With Saudi Aramco yet to name any major foreign investors in its upcoming share sale, Malaysia’s state energy company Petronas [PETR.UL] decided to take a pass on Friday.
Amazon.com Inc on Friday filed a lawsuit in the U.S. Court of Federal Claims contesting the Pentagon’s award of an up to $10 billion cloud computing contract to Microsoft Corp.
An email sent by a Transport Canada official urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects “working-level discussions” and were not reviewed by the Canadian regulator, the agency said on Friday.
Mexican President Andres Manuel Lopez Obrador on Friday urged U.S. lawmakers not to allow politics to hold up the approval of the United States-Mexico-Canada Agreement (USMCA) trade deal.
Mexico’s Economy Minister Graciela Marquez said Friday that U.S. representatives should not be concerned that Mexico can implement its labor reform as the United States still has to approve a trade deal.
WeWork named four men to executive roles on Friday and outlined a six-point path to profitability, though the money-losing flexible office space operator said it will not be cash flow positive until 2023, according to a media report.
Goldman Sachs Group Inc said on Friday it has launched an internal campaign to promote awareness about pronouns and how employees self-identify.
An email sent by an official at Transport Canada urging Boeing to remove an anti-stall system involved in two 737 MAX crashes reflects “working-level discussions” and were not reviewed by the Canadian regulator, the agency said on Friday.
New quarterly data from the biggest U.S. banks suggest that some will need to back away from short-term lending markets by year-end to avoid triggering requirements that they hold more capital.
Wall Street advanced on Friday as both Washington and Beijing made positive comments on the potential for a trade deal between the world’s two biggest economies and upbeat domestic economic data helped to ease investor worries.
The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President Donald Trump helped defuse tensions over the prolonged U.S.-Sino trade war.
U.S. President Donald Trump was vague on Friday about whether he would sign or veto legislation to back protesters in Hong Kong as he tries to strike a trade deal with China, and boasted that he alone had prevented Beijing from crushing the demonstrations with a million soldiers.
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