May 2, 2019

Government to answer urgent question on Huawei leak: Labour Party

A British government minister will be called to parliament on Thursday to answer a question on the findings of an inquiry into the disclosure of confidential […]
May 2, 2019

Blackstone sues RCS owner directly over disputed headquarters sale

U.S. private equity firm Blackstone Group has launched legal action against the chairman and controlling shareholder of Italian publisher RCS Mediagroup over a disputed property sale, […]
May 2, 2019

Asian shares flatline after Fed’s neutral message

Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains […]
May 2, 2019

Facebook settlement with U.S. may include privacy oversight: Politico

Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and […]
May 2, 2019

PG&E seeks U.S. court approval for $105 million fund to help wildfire victims

PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. […]
May 1, 2019

U.S. Fed says no strong case for hiking or cutting rates

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains […]
May 1, 2019

Traders see fading prospects for Fed rate cut

Traders of U.S. short-term interest rate futures trimmed bets the Federal Reserve would cut rates before the end of the year after Fed Chairman Jerome Powell […]
May 1, 2019

Fitbit quarterly results beat Street as it sold more wearable devices

Wearable device maker Fitbit Inc reported better-than expected first-quarter results on Wednesday, benefiting from higher sales of its smartwatches and wearable devices that track daily activities. […]
May 1, 2019

Qualcomm current-quarter revenue forecast falls short, shares drop

Qualcomm Inc on Wednesday forecast current-quarter revenue largely below Wall Street targets, excluding a settlement payment from Apple Inc, sending its shares down 3 percent in […]
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