Business

WASHINGTON (Reuters) – U.S. President Donald Trump pledged on Sunday to help ZTE Corp “get back into business, fast” after a U.S. ban crippled the Chinese technology company, offering a job-saving concession to Beijing ahead of high-stakes trade talks this week. “Too many jobs in China lost. Commerce Department has been instructed to get it
0 Comments
WASHINGTON (Reuters) – U.S. President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp “get back into business, fast,” a concession to Beijing ahead of high-stakes trade talks that will take place this week. FILE PHOTO: A ZTE smart phone is pictured
0 Comments
LONDON (Reuters) – Jim Ratcliffe, the founder and boss of chemical giant Ineos, is the richest man in the United Kingdom, according to the Sunday Times Rich List, first among a record 145 billionaires living in the country. Jim Ratcliffe, CEO of British petrochemicals company INEOS, poses for a portrait with the Canary Wharf financial
0 Comments
FRANKFURT (Reuters) – Bayer’s potential synergies from buying U.S. rival Monsanto will be lower than $1.5 billion because of anti-trust divestments, the German company’s Chief Financial Officer told Germany’s Boersen-Zeitung. Johannes Dietsch, CFO of German drugmaker Bayer AG, is addressing the media during the annual results news conference in Leverkusen, Germany February 22, 2017. REUTERS/Wolfgang
0 Comments
(Reuters) – AT&T Inc (T.N) on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive said it was a “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration. AT&T paid Essential Consultants LLC, a firm set up by Cohen, a total
0 Comments
LONDON (Reuters) – World shares rose on Friday as investor appetite for risky assets got a boost from soft U.S. inflation numbers, helping soothe worries that the Federal Reserve might step up the pace of its rate hikes. The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, March
0 Comments
(Reuters) – U.S. stocks rose sharply on Thursday, with the benchmark S&P 500 topping a key technical level for the second straight day, after tepid inflation data eased worries of faster interest rate hikes this year. FILE PHOTO: People walk on Wall Street in front of the New York Stock Exchange (NYSE) in New York,
0 Comments
LONDON (Reuters) – BT (BT.L) will cut 13,000 managerial and back-office jobs and move to a smaller London base in the latest attempt by the boss of Britain’s biggest telecoms group to rebuild from an accounting scandal and downturn in trading. FILE PHOTO: The logo for the British Telecom group is seen outside of offices
0 Comments