May 16, 2019

U.S. Commerce Department publishes Huawei export blacklist order

The U.S. Commerce Department on Thursday formally placed Huawei Technologies Co Ltd and 68 affiliates in more than two dozen countries on its so-called “Entity List” […]
May 16, 2019

Global stocks gain after earnings, deal news, data; U.S. yields move up

World stock markets were buoyed by deal-making news and solid earnings from Dow components Cisco and Walmart on Thursday while strong economic data pushed U.S. bond […]
May 16, 2019

With inflation elusive, two Fed policymakers lay out a welcome mat

Worried that current low inflation expectations will sap the U.S. central bank’s ability to combat a future downturn, two Federal Reserve officials on Thursday made an […]
May 16, 2019

Boeing says has completed software update for 737 MAX jets

Boeing Co said on Thursday it had completed a software update for its 737 MAX jets, which have been grounded worldwide since March after they were […]
May 16, 2019

Fed needs to let inflation rise above 2%, Kashkari says

Low U.S. inflation expectations are sapping the Federal Reserve’s ability to respond to a future downturn, Minneapolis Fed President Neel Kashkari said Thursday, calling for the […]
May 16, 2019

Fed should wait for faster wage growth before raising rates: Kashkari

The Federal Reserve should allow labor markets to strengthen further and only raise interest rates if wages start to rise so fast that they signal suddenly […]
May 16, 2019

Huawei’s $105 billion business at stake after U.S. broadside

The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to […]
May 16, 2019

Lloyds defends CEO pay after investor anger at annual investor meeting

Lloyds Banking Group has defended the 6.3 million pound ($8.06 million) pay package awarded to chief executive Antonio Horta-Osorio, after criticism from politicians and investor trade […]
May 16, 2019

EU fines Barclays, Citi, JP Morgan, MUFG and RBS $1.2 billion for FX rigging

Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion euros ($1.2 billion) by the European Union on Thursday for […]
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