December 13, 2018

Oil prices rise as Sino-U.S. trade tensions show signs of easing

Oil prices rose on Thursday, buoyed by a drawdown in U.S. crude stockpiles and indications that China is taking concrete steps to put a trade war […]
December 13, 2018

SoftBank to shun Huawei in favor of Ericsson, Nokia equipment: Nikkei

SoftBank Group Corp plans to replace 4G network equipment from China’s Huawei Technologies Co Ltd with hardware from Nokia and Ericsson, Nikkei reported on Thursday, without […]
December 13, 2018

Asian shares, sterling up on pause in Brexit, trade fears

Asian shares and the pound moved higher on Thursday as investors breathed a sigh of relief after British Prime Minister Theresa May survived a no-confidence vote, […]
December 13, 2018

Hyundai Motor Group to provide suppliers with $1.5 billion in funding

South Korea’s Hyundai Motor Co plans to provide funding worth 1.7 trillion won ($1.5 billion) to stabilize management of its suppliers, the company said in a […]
December 12, 2018

Canada warns U.S. not to politicize extradition cases

Canadian Foreign Minister Chrystia Freeland on Wednesday warned the United States not to politicize extradition cases, a day after President Donald Trump said he could intervene […]
December 12, 2018

China’s Tencent Music debut strikes a chord with investors

Shares of China-based music streaming company Tencent Music Entertainment Group rose in their U.S. debut on Wednesday, as investors shrugged off volatile markets to grab a […]
December 12, 2018

Under Armour forecasts 2019 revenue growth below estimates

Under Armour Inc on Wednesday forecast 2019 revenue growth and profit below analysts’ estimates, citing relatively flat results for North America, sending its share down about […]
December 12, 2018

With stock riding tailwind, United Airlines CEO doubles down on growth strategy

With many rival airlines scaling back plans to add travel routes and seats in a bid to protect margins, Oscar Munoz is taking United Airlines in […]
December 12, 2018

Trade talk lifts stocks, sterling rises on May bets

A gauge of global stock markets rallied along with U.S. Treasury yields on Wednesday as optimism abounded for a trade thaw between the U.S. and China […]
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