‘Lemon’ or not, Trump stuck with Phase 1 China trade deal for now
U.S. President Donald Trump has little choice but to stick with his Phase 1 China trade deal for now despite his anger at Beijing over...
Major Aston Martin shareholder cuts stake in British carmaker
A top Aston Martin shareholder cut its stake in the British carmaker by nearly 5%, a regulatory filing showed on Monday....
U.S. manufacturing activity off 11-year low; construction spending falls
U.S. manufacturing activity eased off an 11-year low in May, the strongest sign yet that the worst of the economic downturn was behind as businesses...
Wall St. flat as recovery hopes offset U.S. protests, China tensions
U.S. stocks struggled for direction on Monday as investors weighed prospects of a post-pandemic economic recovery against protests across the country over race and an...
Zynga to buy Turkish mobile game-maker Peak for $1.8 billion
Zynga Inc said on Monday it would buy Turkish mobile-game maker Peak for $1.8 billion, in a move that will boost the company’s daily active...
Oil drops as U.S.-China tension escalates
Oil futures edged lower on Monday as rising U.S.-China tensions weighed on market sentiment, but reports that OPEC and Russia were close to a deal...
Facebook’s Zuckerberg faces employee backlash over Trump protest comments
Facebook employees critical of CEO Mark Zuckerberg’s decision not to act on President Donald Trump’s inflammatory comments about U.S. protests went public on Twitter, praising...
Lufthansa supervisory board rubber stamps $10 billion state bailout
Lufthansa’s supervisory board has approved a 9 billion euro ($10 billion) government bailout that will force the German airline to give some of its prized...
Global remittances could fall by $100 billion in 2020, says Citi
Slower economic growth expectations prompted Citi on Monday to slash its forecasts for global remittances, saying this raised the risk to credit ratings of smaller...
Nissan sees cost of quitting Barcelona at up to $1.7 billion, source says
Nissan Motor Co has estimated the closure of its plants in Barcelona could cost up to around 1.5 billion euros ($1.7 billion), a union source...