June 15, 2020

Exclusive: U.S. to allow companies to work with Huawei on 5G standards – sources

The United States will amend its prohibitions on U.S. companies doing business with China’s Huawei to allow them to work together in standards setting for next-generation […]
June 15, 2020

Oil prices rise on optimism around OPEC+ output pact

Oil prices rose on Monday as signs fuel demand was recovering while OPEC+ members were complying with a production cut deal outweighed fears that new coronavirus […]
June 15, 2020

BP wipes up to $17.5 billion from assets with bleaker oil outlook

BP will write off up to $17.5 billion from the value of its assets after cutting its long-term oil and gas price forecasts, betting the COVID-19 […]
June 15, 2020

LSE offers no concessions to avert deeper EU probe of Refinitiv deal: sources

The London Stock Exchange will not offer concessions to EU antitrust regulators reviewing its $27 billion bid for data and analytics company Refinitiv, two people familiar […]
June 15, 2020

Italy says closely watching LSE/Refinitiv deal due to implications for Milan bourse

Italian Economy Minister Roberto Gualtieri said on Monday the government is closely watching the merger between the London Stock Exchange (LSE) and Refinitiv, and its implications […]
June 15, 2020

HSBC gets veiled rebuke from UK government over Hong Kong

Britain’s Foreign Secretary Dominic Raab voiced a thinly veiled criticism of HSBC on Monday after the bank backed China’s national security law for Hong Kong, contradicting […]
June 15, 2020

U.S. economy will start to rebound in second half of 2020, Fed’s Kaplan says

The U.S. economy will experience a “significant, historic” contraction in the second quarter before it starts to rebound, and unemployment will remain elevated at the end […]
June 15, 2020

U.S. Supreme Court clears way for pipeline to cross Appalachian Trail

Ruling against environmentalists, the U.S. Supreme Court on Monday decided that the federal government has the authority to allow a proposed $7.5 billion natural gas pipeline […]
June 15, 2020

Amazon says CEO Bezos willing to testify before U.S. Congress

Amazon.com Inc said on Monday its founder and Chief Executive Jeff Bezos is willing to testify to a congressional panel investigating potential violations of U.S. antitrust […]
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