February 21, 2019

SK Hynix plans to spend $107 billion building four memory chip plants

South Korea’s SK Hynix Inc on Thursday said it would spend $107 billion building four factories, as the memory chip maker seeks to maintain its competitiveness […]
February 21, 2019

Johnson & Johnson receives federal subpoenas related to baby powder litigation

Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged […]
February 21, 2019

Exclusive: U.S., China sketch outlines of deal to end trade war – sources

The United States and China have started to outline commitments in principle on the stickiest issues in their trade dispute, marking the most significant progress yet […]
February 21, 2019

Factbox: U.S., China drafting memorandums for possible trade deal

Top U.S. and Chinese trade officials are working this week to hash out language on six broad agreements that aim to resolve the most contentious issues […]
February 21, 2019

Standard Chartered sets aside $900 million to cover U.S., British fines

Standard Chartered PLC (StanChart) has set aside $900 million to cover fines resulting from investigations by regulators in Britain and the United States, it said on […]
February 21, 2019

Asia shares steady after Fed minutes, Aussie rallies

Asian shares held near 4-1/2-month highs on Thursday after U.S. Federal Reserve minutes affirmed it would be “patient” on interest rate rises and risk assets got […]
February 21, 2019

Oil near 2019 highs amid OPEC cuts, sanctions on Iran and Venezuela

Oil prices hovered just below 2019 highs on Thursday, bolstered by OPEC-led supply cuts and U.S. sanctions on Venezuela and Iran. Powered by WPeMatico
February 20, 2019

Southwest shares drop as mechanics dispute escalates

Southwest Airlines Co’s shares fell more than 5 percent on Wednesday after the low-cost U.S. carrier said it was investigating whether a conflict with its mechanics […]
February 20, 2019

Samsung announces folding phone with 5G at nearly $2,000

Samsung Electronics Co Ltd on Wednesday unveiled a nearly $2,000 folding smartphone in a bid to top the technology of Apple Inc and Chinese rivals and […]
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