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Huawei CFO's lawyers argue U.S. extradition case does not pass Canadian law

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that the U.S. extradition request against Meng is founded in sanctions violation.



5 years ago

United beats Wall Street expectations despite ongoing 737 MAX delays

United Airlines Holdings Inc on Tuesday beat Wall Street estimates for quarterly profit and held to its 2020 profit target, with a turnaround strategy overseen by its outgoing CEO underpinning growth even as the Boeing 737 MAX remains grounded.



5 years ago

Toyota recalls 3.4 million vehicles worldwide because air bags may not deploy in crashes

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic glitch that can result in air bags not deploying in crashes.



5 years ago

Honda recalling 2.7 million North American vehicles for new air bag inflator defect

Honda Motor Co said on Tuesday it will recall 2.7 million older U.S. vehicles in North America for potentially defective air bag inflators.



5 years ago

Trump to break bread with Apple's Cook and other CEOs: sources

U.S. President Donald Trump will attend a breakfast meeting on Wednesday with Apple Inc Chief Executive Tim Cook and other business leaders on the sidelines of the annual meeting of the World Economic Forum in Davos, Switzerland, according to sources familiar with the situation.



5 years ago

Netflix subscriber forecast misses Wall Street estimate as market leader faces Disney

Netflix Inc missed Wall Street subscriber forecasts for the first quarter Tuesday, amid pressure from lower-cost services from Walt Disney Co and Apple Inc in the streaming video wars.



5 years ago

Toyota to recall 3.4 million vehicles worldwide, air bags may not deploy in crashes

Toyota Motor Corp said on Tuesday it will recall 3.4 million vehicles worldwide because of an electronic defect that can result in air bags not deploying in crashes.



5 years ago

Oil falls again as amply global supply seen offsetting Libyan outage

Oil prices edged lower on Wednesday, extending the previous session's drops, as investors continue to shrug aside the impact of almost all of Libya's crude production being off-line amid plentiful supplies elsewhere.



5 years ago

Tesla crosses $100 billion stock market valuation in extended trading

Tesla Inc became the first $100 billion publicly listed U.S. carmaker in extended trading on Tuesday, in a sign of Wall Street's confidence in an all-electric future.



5 years ago

Asian stocks arrest slide but investors on edge over China virus

Asian share markets steadied on Wednesday as investors took stock of the spread of a new strain of coronavirus from China and weighed the possible consequences of a global pandemic.



5 years ago

Huawei CFO's lawyers argue U.S. extradition charges not a crime in Canada

Huawei Chief Financial Officer Meng Wanzhou returned to a Vancouver court on Tuesday, where her lawyers argued for a second straight day that Meng violated no Canadian laws and should not be extradited to the United States on charges she violated its sanctions.



5 years ago

Judge dismisses defunct startup Sidecar's 2018 lawsuit against Uber

Uber Technologies Inc on Tuesday prevailed in a lawsuit accusing it of driving a smaller rival out of business through predatory pricing and other anticompetitive practices.



5 years ago

Yen supported, yuan frail on coronavirus concerns

The yen was supported while the yuan was on the back foot on Wednesday as investors tried to assess the risk of the outbreak of a new coronavirus in China disrupting the country's economy and trade partners.



5 years ago

GM's Cruise unit unveils driverless vehicle for ride-sharing service

General Motors Co's self-driving car unit, Cruise, on Tuesday unveiled an electric vehicle with no steering wheel or pedals for use in its planned autonomous ride-sharing service, but did not say when it would go into production.



5 years ago

Yuan, Australian dollar struggle to wipe off coronavirus concerns

The yuan dipped and the Australian dollar hit a six-week low on Wednesday as investors feared the outbreak of a new coronavirus in China could create more headaches for the Chinese economy, which is already slowing because of the U.S.-China trade war.



5 years ago