December 7, 2018

Oil surges 5 percent as OPEC agrees output cut

Oil prices jumped more than 5 percent on Friday as big Middle East producers in OPEC agreed to reduce output to drain global fuel inventories and […]
December 7, 2018

Huawei arrest stokes fears of China reprisals among America Inc executives

At a closed-door security meeting of U.S. companies in Singapore on Thursday, one topic was high on the agenda: the arrest of a top executive at […]
December 7, 2018

Huawei CFO to appear in Canada court as Chinese media slam arrest

A top executive of China’s Huawei Technologies Co Ltd who is under arrest in Canada is set to appear in a Vancouver court on Friday for […]
December 7, 2018

Once mighty Noble Group faces insolvency protection after re-listing ban

Noble Group said on Friday it will seek changes to its original debt restructuring plan, with the spotlight now moving toward what the once mighty commodity […]
December 7, 2018

Japan government to halt buying Huawei, ZTE equipment: sources

Japan plans to ban government purchases of equipment from China’s Huawei Technologies Co Ltd and ZTE Corp to beef up its defenses against intelligence leaks and […]
December 7, 2018

White House huddles with tech executives on future of jobs

The Trump administration, which has had strained relations with technology companies, met on Thursday with top tech executives to discuss ways to “ensure American dominance” of […]
December 7, 2018

U.S. employment report seen calming fears over economy

U.S. companies likely maintained a solid pace of hiring in November while increasing wages for workers, suggesting the economy remains strong enough for the Federal Reserve […]
December 7, 2018

Nissan ex-chairman Ghosn expected to be indicted on Monday: Nikkei

Tokyo prosecutors are expected to indict Nissan Motor’s ex-chairman Carlos Ghosn, former representative director Greg Kelly and the automaker itself on Monday, the Nikkei business daily […]
December 7, 2018

Asia shares struggle to rally, oil skids further

Asian shares fought to sustain the slimmest of recoveries on Friday amid speculation the Federal Reserve might be “one-and-done” with U.S. rate hikes, while oil fell […]
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