May 31, 2019

Hard for Xi, Trump to make progress on trade: former China central bank chief

China’s President Xi Jinping and U.S. President Donald Trump are likely to find it “difficult” to make major progress toward ending their countries’ trade war when […]
May 31, 2019

Shares shaken, bonds surge as Trump stirs recession risk

U.S. stock futures slid and sovereign bonds surged on Friday as investors feared President Donald Trump’s shock move to slap tariffs on Mexico risked tipping the […]
May 31, 2019

Ex-China central bank chief says no major trade breakthrough seen at China-U.S. meeting

Former Chinese central bank governor Dai Xianglong said on Friday he expected no major breakthrough over trade at an anticipated meeting between Chinese and U.S. leaders […]
May 30, 2019

Exclusive: Amazon interested in buying Boost from T-Mobile, Sprint – sources

Amazon.com Inc is interested in buying prepaid cellphone wireless service Boost Mobile from U.S. carriers T-Mobile US Inc and Sprint Corp, two sources familiar with the […]
May 30, 2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending […]
May 30, 2019

Inflatable angry emoji looms over Facebook annual meeting as users vent frustrations

Protesters carrying an inflatable angry emoji greeted Facebook Inc shareholders as they gathered for the company’s annual meeting on Thursday, the latest sign of its struggle […]
May 30, 2019

Dell revenue misses as China softness hits server business

Dell Technologies Inc reported lower-than-expected revenue in the first quarter as its server business declined for the first time in 10 quarters amid economic conditions weighing […]
May 30, 2019

Major Hollywood studios may reconsider Georgia business over abortion law

The producer of the hit television series “The Walking Dead” and other major Hollywood film and TV studios said on Thursday they would reconsider locating productions […]
May 30, 2019

Gap cuts profit forecast after ‘extremely challenging’ quarter; shares slump 11%

Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store sales in at least three years at its Gap brand, underscoring its […]
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