U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on worries intensifying Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.
German chipmaker Infineon Technologies AG is nearing a deal to buy Cypress Semiconductor Corp, valuing the U.S. chipmaker at almost $10 billion, Bloomberg reported https://www.bloomberg.com/news/articles/2019-06-03/infineon-is-said-to-near-deal-to-acquire-cypress-semiconductor on Sunday.
U.S. stock futures, Asian share markets and oil prices slipped to multi-month lows on Monday on mounting worries growing Sino-U.S. tensions and Washington's new tariff threats against Mexico could tip the global economy into a recession.
Alphabet Inc's Google said on Sunday it had resolved the network congestion in the eastern United States that affected services in Google Cloud, G Suite and YouTube.
Oil prices fell more than 1% on Monday, extending losses of over 3% from Friday, when crude markets racked up their biggest monthly losses in six months amid stalling demand and as trade wars fanned fears of a global economic slowdown.
The U.S. Transportation Department is expected to provide tentative approval to a bid by American Airlines Group Inc and Qantas Airways Ltd to operate a joint venture, two people briefed on the matter said on Sunday.
The Institute of Electrical and Electronics Engineers (IEEE) on Monday said employees of Huawei Technologies and its subsidiaries would be allowed to participate in a peer review process for its research papers, lifting previous curbs.
Former partners and rivals of Jet Airways Ltd are launching replacement routes and looking for new codeshare partners as they scramble to fill a lucrative gap left by the collapse of the India's once-largest international airline.
LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.
LVMH's Sephora beauty chain said it will close all its U.S. stores, distribution centers and corporate offices on Wednesday to conduct diversity training for employees, a move that follows a racial incident involving a Grammy-nominated singer.
Mexico's Economy Minister Graciela Marquez said on Monday that the tariffs U.S. President Donald Trump has threatened to place on Mexican exports would impact all 50 U.S. states and harm value chains, consumers and trade-related jobs in both nations.
Volkswagen AG Chief Executive Herbert Diess met on Monday with the top U.S. trade official, a week before new tariffs are set to hit imported Mexican vehicles, two people briefed on the matter said.
Apple Inc executives introduced app developers to hardware and software improvements at its Worldwide Developer's Conference 2019 on Monday. Here are some highlights:
Apple Inc on Monday launched a "Sign In With Apple" function to rival Facebook and Google web login accounts, drawing a contrast with rivals by stressing protection of users' information.
U.S. Commerce Secretary Wilbur Ross said he told Mexican Economy Secretary Graciela Marquez in a meeting on Monday that Mexico must do more to help the United States address illegal immigration.