September 6, 2019

U.S. launches antitrust probe into California automaker agreement

The U.S. Justice Department is investigating whether the decision of four automakers in July to reach a voluntary agreement with California to adopt state emissions standards […]
September 6, 2019

Big Tech companies like Facebook, Amazon to face antitrust probe by U.S. state attorneys general

A bipartisan group of state attorneys general will announce on Monday an investigation into large tech companies, like Facebook and Google, for potential violations of antitrust […]
September 6, 2019

Vuitton to hire more French handbag makers as Chinese sales boom

LVMH’s Louis Vuitton brand will hire another 1,500 manufacturing staff in France by 2022, as it expands production to meet strong demand in markets like China. […]
September 6, 2019

EPA, DOT say California actions on auto emissions appear to be ‘unlawful’

The top lawyers at the Environmental Protection Agency and Transportation Department told the California Air Resources Board Friday that the state’s actions in connection with a […]
September 6, 2019

Qualcomm-Samsung axis brings 5G to the masses as Huawei struggles

Qualcomm Inc promised on Friday to bring 5G mobile phones to the masses with a high-end modem and said its chips would also power mid-price devices […]
September 6, 2019

Facebook to face antitrust probe by state attorneys general

Several U.S. state attorneys general will investigate Facebook Inc on whether the social network stifled competition and put users at risk, days after reports that Google […]
September 6, 2019

Years of forex market calm sends currency funds to the wall

The Chinese yuan’s tumble is stirring hopes of a long-awaited volatility boost for forex markets but any rise will be too late for the currency funds […]
September 6, 2019

China reserves cut extends risk rally, U.S. jobs data falls flat

Stimulus from China capped a strong week for global share markets on Friday, as mixed U.S. jobs data kept bond buyers and dollar dealers on the […]
September 6, 2019

Stock futures gain ahead of U.S. jobs report

U.S. stock index futures edged higher on Friday ahead of a crucial jobs report and as China rolled out a stimulus plan to shore up its […]
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