May 16, 2019

Nestle in talks with EQT, ADIA for $10 billion skin health deal

Nestle SA has entered exclusive negotiations to sell its skin health business to a consortium led by private equity firm EQT Partners and ADIA in a […]
May 15, 2019

U.S. blacklists China’s Huawei as trade dispute clouds global outlook

The Trump administration hit Chinese telecoms giant Huawei with severe sanctions on Wednesday, adding a new incendiary element to the U.S.-China trade dispute just as Treasury […]
May 15, 2019

Cisco beats earnings target, says has cushioned supply chain from tariffs

Cisco Systems Inc reported better-than-expected quarterly earnings on Wednesday and gave an upbeat sales forecast for the current period, saying that minimal sales exposure to China […]
May 15, 2019

Mexico says close to U.S. metals tariff deal, waiting for Canada

Mexico is close to resolving its dispute with the United States over steel and aluminum tariffs without quotas but is waiting for Canada to reach a […]
May 15, 2019

Not right time for Mexico to target new U.S. products in steel dispute: official

Progress being made between Washington and Mexico City toward repealing U.S. tariffs on steel means it is not the right time for Mexico to target new […]
May 15, 2019

Trump order clears way for barring Huawei from U.S. telecommunications networks

President Donald Trump on Wednesday signed an executive order declaring a national emergency and barring U.S. companies from using telecommunications equipment made by firms posing a […]
May 15, 2019

China’s Huawei, 70 affiliates placed on U.S. trade blacklist

The U.S. Commerce Department said on Wednesday it is adding Huawei Technologies Co Ltd and 70 affiliates to its so-called “Entity List” – a move that […]
May 15, 2019

Big U.S. hedge funds regain ardor for FAANGs in first quarter: filings

Some of the biggest, highest-profile U.S. hedge fund investors and money managers fell back in love with FAANGs in the first quarter, according to regulatory filings […]
May 15, 2019

Buffett’s Berkshire reveals $861 million Amazon stake

Warren Buffett’s Berkshire Hathaway Inc said it owned $860.6 million of Amazon.com Inc shares at the end of March, after the billionaire admitted to underestimating the […]
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