August 23, 2019

Tesla in advanced talks with LG Chem on battery supply in China: source

U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea’s LG Chem Ltd to source batteries for vehicles to be made in its […]
August 23, 2019

Huawei says U.S. curbs to cut smartphone unit’s revenue by over $10 billion

Chinese technology giant Huawei said on Friday the impact of U.S. trade restrictions on its business will be less than what it initially feared, though the […]
August 23, 2019

Swedish regulator delays Swedbank money-laundering probe report

The Swedish Financial Supervisory Authority (FSA) will publish the conclusions of its probe into alleged money laundering in the Baltics by the beginning of next year, […]
August 23, 2019

Deutsche Bank to transfer up to 800 to BNP in prime brokerage deal: source

A deal in the works for BNP Paribas to assume the prime brokerage operations of Deutsche Bank will involve the transfer of up to 800 people, […]
August 23, 2019

UBS taps BoE adviser van Steenis for sustainable finance, IR roles

UBS Group has hired Huw van Steenis, a former senior adviser to Bank of England Governor Mark Carney, to head investor relations and a new sustainable […]
August 23, 2019

Hong Kong unions urge Cathay Pacific to end ‘white terror’

The Hong Kong Federation of Trade Unions on Friday called on Cathay Pacific to put an end to what it described as “white terror”, following the […]
August 23, 2019

Seeking clarity from Fed’s Powell? Good luck with that

When Federal Reserve Chair Jerome Powell speaks in Jackson Hole, Wyoming, on Friday, traders will comb through his remarks for clues on whether the U.S. central […]
August 23, 2019

Walmart, Tesla look to address issues surrounding solar systems

Walmart Inc and Tesla Inc are looking to address all issues surrounding the solar installations at Walmart stores, the companies said late on Thursday, two days […]
August 23, 2019

Asian stocks struggle ahead of Powell’s speech; yuan at fresh 11-1/2 year low

Asian shares struggled to make headway on Friday as uncertainty over how much further the U.S. Federal Reserve would cut interest rates added to investors’ worries […]
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