June 11, 2019

Ten U.S. states sue to stop Sprint-T-Mobile deal, saying consumers will be hurt

Ten states led by New York and California have filed a lawsuit to stop T-Mobile US Inc’s $26 billion purchase of Sprint Corp, warning that consumer […]
June 11, 2019

Prosecutors investigate VW works council boss in pay inquiry

German prosecutors said on Tuesday they were investigating the chairman of Volkswagen’s powerful works council as part of a inquiry into whether some of its members […]
June 11, 2019

Wall Street rally loses steam as industrials drag

Wall Street’s main indexes gave up gains to trade slightly lower on Tuesday, as declines in industrial companies dampened early optimism over easing trade tensions and […]
June 11, 2019

World shares rally again on Trump tariff relief, Fed hopes

World shares rallied on Tuesday to hold near one-month highs, with German carmakers outperforming and Wall Street looking to extend gains after the United States stepped […]
June 11, 2019

Foxconn has enough capacity outside China to meet Apple’s U.S. demand

Foxconn, the world’s top contract electronics assembler, said it had enough capacity outside China to meet Apple’s demand in the American market if the need should […]
June 11, 2019

Exclusive: Top Japanese chip gear firm to honor U.S. blacklist of Chinese firms – executive

Japan’s Tokyo Electron, the world’s No.3 supplier of semiconductor manufacturing equipment, will not supply to Chinese clients blacklisted by Washington, a senior company executive told Reuters. […]
June 11, 2019

Italy to scrap incentives for Whirlpool plant in Naples

The Italian government will move on Tuesday to scrap incentives for U.S.-listed appliance maker Whirlpool Corp following the company’s decision to close its factory in Naples, […]
June 11, 2019

Exclusive: U.S. state attorneys general plan lawsuit to stop Sprint and T-Mobile merger

At least 10 state attorneys general plan to jointly file a lawsuit as soon as Tuesday to stop the $26 billion merger of Sprint and T-Mobile, […]
June 11, 2019

Trump defends tariff strategy as China says it’s ‘not afraid of a trade war’

U.S. President Donald Trump on Tuesday defended the use of tariffs as part of his trade strategy while China vowed a tough response if the United […]
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