July 23, 2019

Huawei head says group can sign ‘no backdoor’ deal with any country: Italy paper

Huawei Technologies, the Chinese technology and telecoms group under pressure from the United States, is ready to sign a “no backdoor” agreement with any country, its […]
July 23, 2019

ECB, Fed rate cut hopes lift global stocks, sterling sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime […]
July 23, 2019

Oil rises on Mideast tensions, glum demand outlook caps gains

Oil prices edged up on Tuesday on concerns about possible supply disruptions in the Middle East, but a weaker demand outlook kept a lid on gains, […]
July 23, 2019

Warren Buffett’s charity lunch with cryptocurrency entrepreneur postponed

Cryptocurrency entrepreneur Justin Sun has postponed his $4.57 million charity lunch with Warren Buffett due to ill health, according to a tweet from Sun’s TRON Foundation. […]
July 23, 2019

Power traders tackle renewables puzzle in Danish ‘Silicon Valley’

Far from the sprawling financial hubs of London or Frankfurt, high-tech traders in the Danish university city of Aarhus are driving rapid change in European power […]
July 23, 2019

Huawei’s U.S. research arm slashes jobs as trade ban bites

China’s Huawei Technologies laid off more than two-thirds of the 850-strong workforce at its Futurewei Technologies research arm in the United States, after being blacklisted by […]
July 23, 2019

UBS posts surprise second quarter profit boost

UBS on Tuesday beat forecasts with a $1.4 billion net profit for its second quarter of 2019, as gains in its advisory business softened an investment […]
July 23, 2019

Oil inches up amid Middle East tensions; frail demand outlook caps gains

Oil prices edged higher on Tuesday amid lingering concerns about possible supply disruptions in the Middle East, but an overall weaker demand outlook kept a lid […]
July 23, 2019

Hopes of ECB, Fed rate cuts boost global stocks, British pound sags

Expectations that the European Central Bank and Federal Reserve will cut interest rates boosted stocks globally, while the pound sagged on worries that likely new prime […]
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