February 19, 2019

HSBC’s 2018 profit misses estimates; China weakness poses growth risks

HSBC Holdings Plc posted on Tuesday a 15.9 percent rise in 2018 profit, supported by business growth in its core markets of Asia and Britain, but […]
February 19, 2019

Honda to shut UK car plant in 2022 with the loss of 3,500 jobs

Japanese car maker Honda is set to announce it’s closing its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told […]
February 19, 2019

Brent oil eases from 2019 highs as markets await trade talks outcome

Brent crude oil prices eased away from 2019 highs on Tuesday on caution that economic growth may dent fuel demand this year, although supply cuts led […]
February 19, 2019

Asian shares hover near four-month high, buoyed by trade optimism

Asian shares hovered near a four-month peak on Tuesday, supported by hopes that Sino-U.S. trade talks were making positive progress and expectations of policy stimulus from […]
February 19, 2019

Huawei founder says Huawei CFO arrest was politically motivated: BBC

Huawei founder Ren Zhengfei said on Monday that the arrest of his daughter, Huawei Chief Financial Officer Meng Wanzhou, was politically motivated. Powered by WPeMatico
February 18, 2019

Auto industry lines up against possible U.S. tariffs

The U.S. auto industry urged President Donald Trump’s administration on Monday not to saddle imported cars and auto parts with steep tariffs, after the U.S. Commerce […]
February 18, 2019

EU’s Juncker expects Trump to refrain from imposing higher tariffs on cars

U.S. President Donald Trump has promised European Commission President Jean-Claude Juncker that he will not impose additional import tariffs on European cars for the time being, […]
February 18, 2019

Honda to close UK car plant with the loss of 3,500 jobs

Japanese carmaker Honda is set to announce the closure of its only British car plant in 2022 with the loss of 3,500 jobs, a lawmaker told […]
February 18, 2019

Honda plan to close UK plant is not due to Brexit: lawmaker

Japan’s Honda plans to shut its British car plant in Swindon by 2022 with the loss of 3,500 jobs but the decision is not related to […]
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