Global shares slide on fear trade spat is now a tech cold war
NEW YORK (Reuters) – World shares skidded further on Thursday and oil prices slid more than 5% as investors worried the China-U.S. trade spat was turning into a technology cold…
Trump administration announces $16 billion farm aid plan to offset trade war losses
WASHINGTON (Reuters) – The Trump administration on Thursday unveiled a $16 billion farm aid package to offset losses from a 10-month trade war with China and said payment rates to…
U.S., China exchange barbs over Huawei as trade tensions flare
WASHINGTON/BEIJING (Reuters) – The United States and China had a heated exchange on Thursday, with U.S. Secretary of State Mike Pompeo accusing Chinese telecom giant Huawei Technologies of lying about…
China says U.S. needs to fix ‘wrong actions’ as Huawei ban rattles supply chains
BEIJING (Reuters) – China said the United States needs to correct its “wrong actions” in order for trade talks to continue after it blacklisted Huawei, a blow that has rippled…
Fed’s patience on interest rates to last ‘for some time’
WASHINGTON (Reuters) – U.S. Federal Reserve officials at their last meeting agreed that their current patient approach to setting monetary policy could remain in place “for some time,” a further…
Amazon shareholders reject facial recognition ban as concern grows in U.S. Congress
(Reuters) – Amazon.com Inc said shareholders rejected proposals to curb and audit its facial recognition service on Wednesday, just as members of Congress indicated there was bipartisan support to one…
FAA chief has no timetable for Boeing 737 MAX approval
FORT WORTH, Texas/MONTREAL (Reuters) – The acting head of the Federal Aviation Administration said on Wednesday he does not have a specific timetable to approve Boeing Co’s 737 MAX for…
Wall St. rises as Huawei reprieve boosts tech shares
NEW YORK (Reuters) – Shares of technology companies helped lift Wall Street on Tuesday after the United States temporarily eased curbs on China’s Huawei Technologies Co Ltd, alleviating investor concerns…
Huawei accuses U.S. of bullying, says working with Google to respond to ban
Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the Huawei European Cybersecurity Center in Brussels, Belgium, May 21, 2019.…
China ready for further U.S. trade talks, ambassador says
WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for…