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Updated: 1 hour 23 min ago

U.S. says March 1 'hard deadline' for trade deal with China

7 hours 55 min ago
U.S. Trade Representative Robert Lighthizer said on Sunday he considers March 1 "a hard deadline" to reach a deal on trade with China, and that new tariffs will be imposed otherwise.
Categories: Business News

China says U.S. should withdraw arrest warrant for Huawei executive

10 hours 35 min ago
China's foreign ministry called in the U.S. ambassador on Sunday to lodge a "strong protest" over the arrest in Canada of Huawei Technologies Co Ltd's [HWT.UL] chief financial officer, and said the United States should withdraw its arrest warrant.
Categories: Business News

Volkswagen denies allegations chairman knew early about emissions cheating: report

14 hours 9 sec ago
Volkswagen has denied allegations that Chairman Hans Dieter Poetsch knew about the carmaker's emissions test cheating almost three months before U.S. authorities made it public in September 2015.
Categories: Business News

Nissan seeks to block Ghosn's access to apartment in Rio

17 hours 41 min ago
Nissan said it was seeking to block former chairman Carlos Ghosn's access to an apartment in Rio de Janeiro, citing a risk that the executive, arrested and removed from his role for financial misconduct, may remove or destroy evidence.
Categories: Business News

China urges Canada to free Huawei CFO or face consequences

19 hours 12 min ago
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd's [HWT.UL] chief financial officer, calling the case "extremely nasty".
Categories: Business News

Exclusive: Odebrecht Peru agrees to plea deal with Peruvian authorities over bribery scandal - sources

Sat, 12/08/2018 - 17:46
Brazilian builder Odebrecht’s Peruvian unit has signed a deal with Peruvian authorities to pay a multimillion dollar fine that will allow it to continue operating in the country in return for providing evidence about officials it bribed, three sources related to the matter told Reuters on Saturday.
Categories: Business News

Red-hot U.S. jobs market drives some to seek cooler options

Sat, 12/08/2018 - 11:05
When Sean Luangrath joined Pocatello, Idaho-based Inergy Solar a few years ago, the plan was to move the portable solar battery maker to his home base of Salt Lake City so he could build it with easy access to Silicon Slopes' tech talent and venture capital.
Categories: Business News

Julius Baer in talks with Santander over Venezuela business: sources

Sat, 12/08/2018 - 09:59
Swiss private bank Julius Baer is in talks about transferring its Venezuelan book of business to Spain's Banco Santander as Baer reorganizes operations in Latin America, sources close to the situation have told Reuters.
Categories: Business News

China calls on Canada to free Huawei CFO or face consequences

Sat, 12/08/2018 - 09:06
China warned Canada on Saturday that there would be severe consequences if it did not immediately release Huawei Technologies Co Ltd's [HWT.UL] chief financial officer, calling the case "extremely nasty".
Categories: Business News

BMW names Vukotich as new head of autonomous driving development

Sat, 12/08/2018 - 08:29
Germany luxury carmaker BMW said on Saturday Alejandro Vukotich will be the new head of its driver assistance and autonomous driving development department from January 2019.
Categories: Business News

Licking their wounds, fund managers prep for rally in '19

Sat, 12/08/2018 - 08:27
With bond and equity markets from the United States to emerging markets all on pace to lose money this year, investors have not seen this much red on their screens since 1972, the last time no asset class returned at least 5 percent.
Categories: Business News

China's November export, import growth shrinks, showing weak demand

Sat, 12/08/2018 - 05:10
China reported far weaker than expected November exports and imports, showing slower global and domestic demand and raising the possibility authorities will take more measures to keep the country's growth rate from slipping too much.
Categories: Business News

Uber makes confidential filing for long-awaited IPO

Fri, 12/07/2018 - 23:34
Uber Technologies Inc has filed paperwork for an initial public offering, according to three people with knowledge of the matter, taking a step closer to a key milestone for one of the most closely watched and controversial companies in Silicon Valley.
Categories: Business News

U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned

Fri, 12/07/2018 - 22:29
Huawei Technologies Co Ltd's chief financial officer faces U.S. accusations that she covered up her company's links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.
Categories: Business News

Uber confidentially files for IPO: WSJ

Fri, 12/07/2018 - 20:33
Uber Technologies Inc filed paperwork confidentially this week for its initial public offering next year, the Wall Street Journal reported on Friday, citing people familiar with the matter.
Categories: Business News

U.S. accuses Huawei CFO of Iran sanctions cover-up; hearing adjourned to Monday

Fri, 12/07/2018 - 19:54
Huawei Technologies Co Ltd's chief financial officer faces U.S. accusations that she covered up her company's links to a firm that tried to sell equipment to Iran despite sanctions, a Canadian prosecutor said on Friday, arguing against giving her bail while she awaits extradition.
Categories: Business News

Airbus wins December deliveries some breathing room after busy November

Fri, 12/07/2018 - 19:25
Airbus has left itself a slightly less challenging task on deliveries for the final weeks of the year than 2017's record surge in December, but only after trimming the target with its most recent results, company data showed on Friday.
Categories: Business News

Canadian court bail hearing for Huawei CFO adjourned until Monday

Fri, 12/07/2018 - 19:21
A bail hearing for the chief financial officer of China's Huawei Technologies Co Ltd was adjourned until Monday, after
Categories: Business News

Facebook to buy back additional $9 billion of shares

Fri, 12/07/2018 - 17:56
Facebook Inc will buy back an additional $9 billion of its shares, as it looks to pacify investors following a slump in its stock.
Categories: Business News

U.S. seeks extradition of Huawei CFO over Iran links, court hears

Fri, 12/07/2018 - 17:50
U.S. prosecutors want to extradite a top executive of China's Huawei Technologies Co Ltd [HWT.UL] to face accusations she covered up links to a company that sold equipment to Iran despite U.S. sanctions, a Vancouver court heard on Friday.
Categories: Business News

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