Huawei CFO arrives at Vancouver court for hearing expected to disclose arrest details
Huawei Chief Financial Officer Meng Wanzhou arrived at a Canadian courtroom on Monday along with her lawyers to press for more details surrounding her arrest...
Ford recalls 322,000 cars over battery fire risk: kfz-Betrieb
Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany’s KBA federal...
U.S. court deals setback to FCC push to revamp media ownership rules
The Federal Communications Commission suffered a setback on Monday in a long-running legal battle when a federal appeals court struck down its latest effort to...
China buys about 10 cargoes of U.S. soybeans after trade talks
Chinese importers bought about 10 boatloads of U.S. soybeans on Monday following deputy-level trade talks in Washington last week that were overshadowed by the abrupt...
Ex-Wall Street banker Sean Stewart guilty in second insider trading trial
Former Wall Street investment banker Sean Stewart was found guilty on Monday of insider trading a second time for passing tips about healthcare industry mergers...
RIP Thomas Cook: holiday dreams washed away by tide of debt
Thomas Cook sold tens of millions of Britons a summer holiday to remember with the slogan “Don’t just book it, Thomas Cook it”....
Apple to make new Mac Pro PCs in U.S. after some tariff exemptions
Apple Inc said on Monday it will make new Mac Pro desktop computers at its Austin, Texas facility, following some relief on tariffs by the...
Woodford director says $4 billion fund freeze continues
The suspension of money manager Neil Woodford’s Equity Income fund until December remains in place, the fund’s authorized corporate director said on Monday at its...
NY Fed’s Williams says NY Fed actions had desired effect of reducing market strains
New York Federal Reserve President John Williams on Monday defended the bank’s handling of volatility in money markets last week, saying officials anticipated the liquidity...
Strains that sank Thomas Cook weigh on European airlines
The collapse of travel group Thomas Cook and a trio of subsidiary airlines, leaving 600,000 holidaymakers stranded, is unlikely to be the last failure among...