Wall Street's main indexes were set to open lower on Friday after the Trump administration's move to block semiconductor shipments to China's Huawei Technologies ratcheted up fears of trade hostilities between Washington and Beijing.
The Trump administration on Friday moved to block shipments of semiconductors to Huawei Technologies from global chipmakers, in an action ramping up tensions with China.
U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.
The Belgian government said on Friday it was committed to reaching a deal with Lufthansa to save its Belgian subsidiary Brussels Airlines if the future of the national carrier was guaranteed.
Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14 day quarantine for travellers, according to a source at the airline.
World stocks edged up on Friday and oil prices rallied more than 2%, lifting sentiment after a week pressured by deteriorating U.S.-China relations.
Ethiopian Airlines expects a settlement with planemaker Boeing over the 737 MAX plane crash in March last year by end of June, CEO Tewolde Gebremariam told Reuters on Friday.
U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.
U.S. stocks futures extended declines slightly on Friday after data showed retail sales plunged much more than expected in April, underscoring the deep economic slump caused by the coronavirus pandemic.
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The Finanser | Chris Skinner | May 15, 2020 The chasm between start-ups and incumbents is massively exposed by coronavirus. I realised this early on, when I saw that FinTech firms who were born on the internet were far more ready for working from home than traditional banks who depend on branches, buildings, office and
The U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser Larry Kudlow said on Friday.
U.S. retail sales endured a second straight month of record declines in April as the novel coronavirus pandemic kept Americans at home, putting the economy on track for its biggest contraction in the second quarter since the Great Depression.
A slump in technology stocks knocked Wall Street's main indexes lower on Friday, as signs of deteriorating trade relations between the United States and China added to economic worries due to the novel coronavirus pandemic.
Virgin Atlantic will not be able to resume passenger flights until August at the earliest if Britain introduces a 14-day quarantine for travellers, according to a source at the airline.