May 21, 2019

Factbox: Investments by automakers in the U.S. and China since Trump came to power

Major automakers have announced a slew of investments in the United States since President Donald Trump took office in January 2017 and exerted pressure on the […]
May 21, 2019

U.S. eases restrictions on Huawei; founder says U.S. underestimates Chinese firm

The U.S. government has temporarily eased trade restrictions imposed last week on China’s Huawei, a move aimed at minimizing disruption for its customers but dismissed by […]
May 21, 2019

U.S. airline group sees record summer travel, despite 737 MAX grounding

U.S. summer air travel will hit a new record this year despite the grounding of Boeing’s 737 MAX aircraft after two fatal crashes, a group representing […]
May 21, 2019

Asian shares near four-month lows on Huawei fallout fears

Asian shares wobbled near four-month lows on Tuesday on mounting worries the White House’s black-listing of Chinese telecom giant Huawei Technologies could further inflame already tense […]
May 21, 2019

U.S. eases restrictions on China’s Huawei to keep networks, phones operating

The U.S. government on Monday temporarily eased some trade restrictions imposed last week on China’s Huawei, a move that sought to minimize disruption for the telecom […]
May 21, 2019

Huawei founder says U.S. government is underestimating company: state media

The U.S. government’s temporary easing of trade restrictions on Huawei Technologies bears little meaning on the company as the Chinese firm has made preparations, Huawei’s founder […]
May 21, 2019

Oil rises on escalating U.S.-Iran tensions; trade war concerns weigh

Oil prices edged up on Tuesday on escalating tensions between the United States and Iran and on signs that producer club OPEC will continue withholding supply […]
May 20, 2019

American Airlines asks court to block disruptive ‘slowdown’ by mechanics unions

American Airlines Group Inc has filed a lawsuit against two unions representing its mechanics, asking the court to halt what it called an illegal slowdown that […]
May 20, 2019

Legg Mason names Trian’s Peltz, Garden to board

Legg Mason Inc said on Monday it had appointed Trian Fund Management LP’s Nelson Peltz and Ed Garden as directors, raising the size of its board […]
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