August 24, 2018

Siemens denies report that it may cut 20,000 jobs

German engineering giant Siemens denied on Friday a report by German monthly Manager Magazin that said it could cut 20,000 jobs as part of its “Vision […]
August 24, 2018

Alibaba’s revenue jumps but investments to prolong margin squeeze

Alibaba Group Holding Ltd , China’s biggest e-commerce firm, warned on Thursday investments in its delivery business would keep pressuring profits even as it reported its […]
August 24, 2018

China’s Huawei slams Australia 5G mobile network ban as ‘politically motivated’

Australia has banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment for a 5G mobile network citing national security risks, a move the Chinese telecoms gear […]
August 24, 2018

Exclusive: China’s Unipec to resume U.S. oil purchases after tariff policy change – sources

China’s Unipec will resume purchases of U.S. crude oil in October after a two-month halt due to the trade dispute between the world’s two largest economies, […]
August 24, 2018

Asia slips after U.S.-China trade talks end without progress

Asian stocks fell on Friday after U.S.-China trade talks ended without progress and market focus shifted to a speech by the Federal Reserve chairman for fresh […]
August 24, 2018

Waymo sets up subsidiary in Shanghai as Google plans China push

Alphabet Inc’s self-driving unit Waymo has set up a subsidiary in Shanghai, according to a business registration filing, the latest sign that the U.S. internet giant […]
August 24, 2018

Asia slips after U.S.-China trade talks end without progress, Powell eyed

Asian stocks fell on Friday after U.S.-China trade talks ended without progress, with the markets braced for a speech by Federal Reserve Chairman Jerome Powell for […]
August 24, 2018

SEC to review decision rejecting bitcoin ETFs

The U.S. Securities and Exchange Commission said on Thursday it will review a decision by its staff to block nine bitcoin-based exchange-traded funds from coming to […]
August 24, 2018

U.S.-China trade talks end with no breakthrough as tariffs kick in

U.S. and Chinese officials ended two days of talks on Thursday with no major breakthrough as their trade war escalated with activation of another round of […]
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