March 5, 2020

U.S. lawmakers seek to step up pressure on UK to reverse Huawei 5G decision

Members of the U.S. Congress on Wednesday took another step to try to prod Britain to reverse its decision to allow China’s Huawei Technologies Co to […]
March 5, 2020

Asia shares follow Wall Street higher, but virus risk lurks

Asian shares were looking to rally for a fourth straight session on Thursday as U.S. markets swung sharply higher and another dose of central bank stimulus […]
March 5, 2020

Wall Street surges on Biden bounce

Wall Street roared back to life on Wednesday, with both the Dow and the S&P 500 surging more than 4%, after former Vice President Joe Biden’s […]
March 4, 2020

United Airlines cuts flights, freezes hiring on coronavirus-hit demand

United Airlines Holdings Inc is slashing its flying schedule and implementing a series of cost-cutting measures in some of the most drastic actions by a U.S. […]
March 4, 2020

Oil gives up gains even as OPEC works on big output cut

Crude oil prices ended lower, giving up early gains as major oil producers, including Saudi Arabia, struggled to bring Russia on board for deeper supply cuts […]
March 4, 2020

Huawei pleads not guilty to new U.S. criminal charges in 2018 case

China’s Huawei Technologies Co Ltd, the world’s largest telecommunications equipment maker, on Wednesday pleaded not guilty in a New York federal court to new charges in […]
March 4, 2020

Top French court deals blow to Uber by giving driver ’employee’ status

France’s top court has recognized the right of an Uber driver to be considered an employee, a ruling that could upend the U.S. firm’s business model […]
March 4, 2020

GM takes aim at Tesla with ‘Ultium’ batteries and fleet of electric vehicles

General Motors Co Chief Executive Mary Barra said Wednesday the Detroit automaker will invest $20 billion by 2025 in electric and automated vehicles as it races […]
March 4, 2020

Global stocks rally as Biden surge offsets coronavirus fears

The dollar and world equity markets rose on Wednesday as investors were cheered by a strong showing by Joe Biden in the U.S. Democratic presidential primaries, […]
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