May 22, 2020

U.S. strikes at a Huawei prize: chip juggernaut HiSilicon

The latest U.S. government action against China’s Huawei takes direct aim the company’s HiSilicon chip division–a business that in a few short years has become central […]
May 22, 2020

GM gradually restarts in Mexico as Lear Corp readies for return

General Motors Co said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. […]
May 22, 2020

Hong Kong leads Asian shares lower as Beijing readies new security law

Hong Kong shares tumbled on Friday after Beijing moved to impose a new security law on the city after last year’s pro-democracy unrest, risking fresh protests […]
May 22, 2020

Trump visits Ford plant in politically crucial Michigan, leaves mask off for cameras

President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid tensions with its […]
May 22, 2020

Judgment on key aspect of Huawei CFO’s extradition trial in Canada due next Wednesday

A decision on a key legal aspect of the trial over whether Huawei Technologies Chief Financial Officer Meng Wanzhou can be extradited to the United States […]
May 21, 2020

Wall Street finishes down as U.S.-China tensions heighten trade deal worries

Wall Street ended lower on Thursday, a day after hitting two-month highs, on a fresh wave of China-U.S. tensions that raised doubts about the trade deal […]
May 21, 2020

Nvidia forecasts second-quarter revenue above estimates

Nvidia Corp on Thursday forecast second-quarter revenue above analysts’ estimates, as demand surges for its chips used in data centers that power the shift to working […]
May 21, 2020

Hewlett Packard to cut costs by $1 billion, reduces CEO pay by 25% on pandemic woes

Hewlett Packard Enterprise on Thursday unveiled a plan to cut costs by at least $1 billion by 2022 and said it would reduce the base salary […]
May 21, 2020

Trump visits Michigan Ford plant amid political tensions, does not wear mask

President Donald Trump traveled on Thursday to the crucial U.S. election battleground state of Michigan to visit a Ford Motor Co plant amid hostility with its […]
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