June 5, 2019

BMW and Jaguar Land Rover to jointly develop electric car components

BMW and Jaguar Land Rover on Wednesday said they will jointly develop electric motors, transmissions and power electronics, unveiling yet another industry alliance designed to lower […]
June 5, 2019

Global stocks gain in Fed’s cheery slipstream, dollar subdued

Global stocks gained for a third straight day on Wednesday, bolstered by investors’ growing hopes that the Federal Reserve might cut interest rates this year to […]
June 5, 2019

Chinese importers to apply for tariff waivers on U.S. goods

Chinese importers are preparing applications for waivers on import tariffs levied on more than 700 U.S. goods in the Sino-U.S trade war, after the finance ministry […]
June 5, 2019

Samsung Electronics says to cut production volume at China mobile phone plant

Samsung Electronics Co Ltd said on Wednesday it has decided to cut the volume of mobile phone production at its plant in the Chinese city of […]
June 4, 2019

Salesforce forecasts full-year results above expectations, shares rise

Salesforce.com Inc beat analysts’ estimates for quarterly revenue and profit on Tuesday and forecast full-year results above expectations, as customers looking to rein in costs boosted […]
June 4, 2019

Apple CEO Cook says he doesn’t see China targeting Apple in U.S.-China trade dispute

Apple Inc Chief Executive Officer Tim Cook said China has not targeted the company as a result of the U.S.-China trade dispute and he does not […]
June 4, 2019

Trump defies own party to push ahead with Mexican tariff threat

Defying increasing criticism from within his own party, U.S. President Donald Trump said on Tuesday he would likely go ahead with new tariffs on imports from […]
June 4, 2019

GameStop halts dividend as console sales slow; shares fall 26%

GameStop Corp shares plunged 26% on Tuesday after the video games retailer halted its quarterly dividend and reported a 13.3% fall in first-quarter revenue that missed […]
June 4, 2019

U.S. denies GM tariff relief request for China-made Buick SUV

The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility […]
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