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Global stocks recover but disquiet over trade talks lingers

Global stocks recouped early losses as news reports raised hopes that the United States and China would settle some economic disputes, but investors were kept on edge by an earlier report that trade talks due to begin on Thursday could be cut short.



4 years ago

Apple pulls police-tracking app used in Hong Kong protests after consulting authorities

Apple Inc on Wednesday removed an app that protesters in Hong Kong have used to track police movements from its app store, saying it violated rules because it was used to ambush police.



4 years ago

Exclusive: China Everbright Group to restructure, pursue billion-dollar HK IPO - sources

State-owned financial conglomerate China Everbright Group aims to restructure its sprawling business and pursue a billion dollar IPO next year in Hong Kong, three people with direct knowledge of the matter told Reuters on Thursday.



4 years ago

Factbox: Nearly all goods traded by U.S. and China will have tariffs by December 15

U.S. and Chinese negotiators meet in Washington on Thursday and Friday to try, once again, to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods traded between the world's largest economies.



4 years ago

Top-level U.S.-China trade talks resume as irritants sour atmosphere

The United States' and China's top trade negotiators were set to meet on Thursday for the first time since late July to try to find a way out of a 15-month trade war as new irritants between the world's two largest economies threatened hopes for progress.



4 years ago

Factbox: Snakes and ladders - SoftBank Vision Fund's climbing, sliding valuations

The $100 billion Vision Fund of Japan's SoftBank Group Corp has in just over two years burnt through much of its capital investing in money-losing, late-stage tech startups in areas as varied as autonomous driving, healthcare and finance.



4 years ago

GM's third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground

General Motors Co's July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment.



4 years ago

Strengthening Renault-Nissan alliance is crucial: French minister

Strengthening the alliance between car makers Renault and Nissan is crucial, said French junior economy minister Agnes Pannier-Runacher on Thursday, amid signs of a possible management shake-up at Renault.



4 years ago

Altcoins: Ahead of Libra, XRP cryptocurrency gains toehold in commerce

Facebook's Libra may be grabbing all the headlines at the moment, yet a major cryptocurrency already exists that's gained a toehold in mainstream commerce.



4 years ago

Tire maker Michelin to close French site that has 619 staff

French tire maker Michelin said on Thursday it would close down a site in the town of La Roche-sur-Yon, which has 619 staff, as the auto industry grapples with tough market conditions.



4 years ago

China urges U.S. to halt pressure on Chinese companies, including Huawei

China has urged the United States to stop unreasonable pressure on Chinese companies, including Huawei Technologies, foreign ministry spokesman Geng Shuang said at a daily press briefing on Thursday.



4 years ago

Oil prices dip on wilting hopes for U.S.-China trade deal

Oil prices eased on Thursday on the expectations that the resumption of U.S.-China talks will not end the trade war between the world's two largest oil consumers, exacerbating anxiety over the global economy and fuel demand.



4 years ago

LVMH's strong third-quarter numbers lift European luxury good stocks

Shares in LVMH rose on Thursday, lifting up other European luxury goods stocks, after the Louis Vuitton owner posted higher-than-expected third quarter sales.



4 years ago

Pompeo says China's treatment of Muslims 'enormous human rights violation'

U.S. Secretary of State Mike Pompeo said on Wednesday that China's treatment of Muslims, including the Uighurs, in western China was an "enormous human rights violation" and Washington will continue to raise the issue.



4 years ago

Houston Rockets Nike merchandise disappears from China stores

Houston Rockets sneakers and other merchandise were pulled from several Nike stores in major Chinese cities amid the furor surrounding a tweet from the team's general manager in support of anti-government protests in Hong Kong.



4 years ago