Asian stocks give up gains as U.S.-China optimism fades
Asian stocks pared gains on Thursday and safe-haven assets rose as optimism for a quick resolution to the U.S.-China trade war faded.
Asian stocks pared gains on Thursday and safe-haven assets rose as optimism for a quick resolution to the U.S.-China trade war faded.
China's Foreign Ministry deplored on Thursday sanctions imposed by the United States on Chinese entities and individuals it accuses of knowingly transferring oil from Iran in violation of Washington's curbs on Tehran.
Britain's Civil Aviation Authority (CAA) said over 70 flights are scheduled for Thursday to bring back 16,000 people to the country following the collapse of Thomas Cook.
Huawei Technologies Co Ltd founder and CEO Ren Zhengfei said on Thursday the company is willing to license its 5G mobile technology to a U.S. firm, as it seeks to alleviate security concerns over its products.
When Volkswagen's Africa boss Thomas Schaefer set out to conquer the continent, he quickly realized he needed more than a flashy new product. He needed a new business model.
A series of cyberattacks on Airbus in the past few months were conducted via the computer systems of the aerospace group's suppliers and contractors, and security sources suspect a link to China, AFP news agency reported on Thursday.
China on Thursday criticized the United States for imposing new
Positive noises from China on U.S. trade talks lifted European stocks on Thursday and snuffed out a modest rally in safe-haven assets that had dominated in Asia.
Norway does not plan to block China's Huawei Technologies[HWT.UL] from building the country's 5G telecoms network, cabinet minister Nikolai Astrup told Reuters.
Huawei Technologies Co Ltd's [HWT.UL] founder and CEO Ren Zhengfei said on Thursday the company is already producing 5G base stations that are free of U.S. components and plans to more than double production next year.
The Texas attorney general's office has hired three consultants for a multi-state probe it is leading into Alphabet Inc's Google, including an economist who worked with some of the firm's major rivals and a lawyer who is a Microsoft veteran.
China, having let the yuan cross the once sacred red line of 7 per dollar, will allow its currency to fall further and may even risk U.S. anger by using it as a bargaining chip in already thorny trade talks, market participants believe.
Some steelworkers who cheered U.S. President Donald Trump's tariffs on foreign steel last year are now being laid off, an unintended consequence of his America First policy as United States Steel Corp reacts to sagging demand from automakers reeling from higher steel prices.
German carmaker Volkswagen is nearing a decision on building a new plant in Turkey, a board member told reporters in Berlin on Thursday.
A series of cyber attacks on Airbus in the past few months were conducted via the computer systems of its suppliers and contractors and security sources suspect a link to China, AFP news agency reported on Thursday.