May 21, 2019

Nokia CEO admits to delays in rolling out 5G

Nokia Chief Executive Rajeev Suri said on Tuesday that the company had been a little slow in getting 5G technology up and running, citing merging its […]
May 21, 2019

Turkish Airlines chairman expects Boeing 737 compensation, to meet Friday

Turkish Airlines expects compensation from Boeing Co for losses over the grounding of 12 737 Max aircraft, the chairman of Turkey’s flagship carrier was quoted as […]
May 21, 2019

Futures bounce as U.S. eases restrictions on Huawei

U.S. stock index futures rose on Tuesday after the United States temporarily eased restrictions on China’s Huawei Technologies, allaying investor concerns over a further escalation in […]
May 21, 2019

Global stocks gain as U.S. eases Huawei restrictions

Stock markets gained on Tuesday, with chipmakers and companies exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on […]
May 21, 2019

Bayer hires law firm to probe Monsanto data collection

Bayer on Tuesday hired law firm Sidley Austin to investigate a Europe-wide data collection scheme run by its Monsanto unit, which targeted journalists, politicians and other […]
May 21, 2019

J.C. Penney posts worse-than-expected drop in same-store sales, shares drop

J.C. Penney Co Inc reported a steeper-than-expected fall in quarterly comparable-store sales on Tuesday, taking a hit from not selling major appliances and in-store furniture, sending […]
May 21, 2019

Home Depot same-store sales misses on wet weather, lumber prices

Home Depot Inc reported its slowest growth in quarterly same-store sales in at least three years on Tuesday, missing Wall Street estimates, as the home improvement […]
May 21, 2019

Trump’s Huawei ban raises hopes for Chinese chip suppliers

Washington’s blacklisting of technology giant Huawei has taken a toll on U.S. semiconductor shares, but China-listed firms have rallied as investors bet they can gain from […]
May 21, 2019

U.S. eases curbs on Huawei; founder says clampdown underestimates Chinese firm

The United States has temporarily eased trade restrictions on China’s Huawei to minimize disruption for its customers, a move the founder of the world’s largest telecoms […]
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