June 17, 2019

Oil prices fall 1% as economic worries outweigh tanker tensions

Oil prices fell more than 1% on Monday after more poor Chinese economic figures fanned fears of lower worldwide oil demand. Powered by WPeMatico
June 17, 2019

Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers

This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because […]
June 17, 2019

Insurance costs rocket for U.S. IPOs as twitchy investors take to courts

Companies going public in the United States face insurance costs that have increased as much as 200% in the last three years to cover their executives […]
June 17, 2019

U.S. chipmakers quietly lobby to ease Huawei ban

Huawei’s American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even […]
June 17, 2019

Huawei says U.S. ban hurting more than expected, to wipe $30 billion off revenue

China’s Huawei Technologies Co Ltd has taken a harder-than-expected hit from a U.S. ban, the company’s founder and CEO Ren Zhengfei said, and slashed revenue expectations […]
June 17, 2019

Pfizer to buy cancer drug developer Array for $10.64 billion

Pfizer Inc said on Monday it would acquire Array Biopharma Inc for $10.64 billion in cash, giving it access to the target’s approved drugs for skin […]
June 17, 2019

Asian shares wobble amid trade, geopolitical tensions; focus on Fed meeting

Asian shares wobbled near one-week lows on Monday as investors turned cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East […]
June 17, 2019

Boeing says engine issues the key factor to be resolved on 777X

Boeing said on Monday engine issues were the key factor to be resolved in the development of its new 777X aircraft, but that the plane was […]
June 17, 2019

Airbus to launch new A321 with nearly 200 orders -sources

Airbus will launch a long-range version of its A321neo jet at the Paris Airshow on Monday, aiming to carve out new routes for airlines with smaller […]
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