May 13, 2019

Six Chinese entities banned from exporting sensitive U.S. goods

The U.S. Commerce Department said on Monday it banned six Chinese technology entities, one Pakistani firm and five based in the United Arab Emirates from exporting […]
May 13, 2019

U.S.-Chinese tariffs seen cutting global growth by 0.15%: Societe Generale

The latest U.S. and Chinese round of planned tariffs on each other’s imports may reduce global economic growth by 0.15% and lower China’s gross domestic product […]
May 13, 2019

Exclusive: Amazon rolls out machines that pack orders and replace jobs

Amazon.com Inc is rolling out machines to automate a job held by thousands of its workers: boxing up customer orders. Powered by WPeMatico
May 13, 2019

U.S. Supreme Court allows App Store antitrust suit against Apple

The U.S. Supreme Court on Monday gave the go-ahead for a lawsuit by consumers accusing Apple Inc of monopolizing the market for iPhone software applications and […]
May 13, 2019

Selloff deepens on Wall Street as China plans to hit back with tariffs

Wall Street’s main indexes fell more than 2% on Monday after Beijing announced plans to retaliate with higher tariffs on U.S. goods, raising fears that another […]
May 13, 2019

Iran insists on ramping up oil sales to stay in nuclear pact: sources

Iran insists on exporting at least 1.5 million barrels per day (bpd) of oil, triple May’s expected levels under U.S. sanctions, as a condition for staying […]
May 13, 2019

Uber shares fall for second day after ill-fated IPO; Lyft follows

Uber Technologies Inc shares fell as much as 10% on Monday, doubling losses since its poorly-received Wall Street debut on Friday and raising more questions about […]
May 13, 2019

Renault diesel allegations upheld by court study: report

A French probe into alleged emissions cheating by Renault is a step closer to possible court action, Le Monde reported on Monday, after a technical report […]
May 13, 2019

Futures point to steep losses at open as trade tensions worsen

U.S. stock index futures pointed to sharp declines at the open on Monday, as a standoff between the United States and China over their prolonged trade […]
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