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Canada says officials did not act improperly when arresting Huawei CFO

There is no evidence Canadian border officials or police acted improperly when Huawei Chief Financial Officer Meng Wanzhou was detained and arrested at Vancouver's airport nearly 10 months ago, the Attorney General of Canada said in a filing released on Monday.



4 years ago

Wall Street ends flat as mixed economic data signals caution

U.S. stocks barely budged on Monday, with slight gains in shares of Apple offset by mixed economic data that added to caution over the prolonged U.S.-China trade war.



4 years ago

U.S. Fed policymakers say lower rates are helping

The Federal Reserve has delivered a boost to the economy this year not only with interest-rate cuts but also because it shifted away from its earlier view that it would need to raise rates in 2019, two Fed policymakers said on Monday.



4 years ago

U.S.-China trade talks to resume next week after farm trip canceled: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday that U.S.-China trade talks will resume next week in Washington, adding that the Trump administration requested that Chinese officials cancel a visit to U.S. farming regions.



4 years ago

Trump's tweets threaten Fed's independence, push rate expectations lower: study

Interest rate futures traders believe the U.S. Federal Reserve will bow to President Donald Trump's persistent tweets pressuring the central bank to lower interest rates, and this poses a "significant" risk to Fed independence, according to research released on Monday.



4 years ago

Tesla's Musk pushed for SolarCity deal despite major cash crunch: lawsuit

Tesla Inc Chief Executive Elon Musk urged investors to approve the 2016 purchase of SolarCity at a big premium to its market value despite knowing the solar installer faced a cash crunch and publicly stating he had recused himself from involvement in the deal, according to court documents unsealed on Monday.



4 years ago

UBS, Banco do Brasil to create investment banking venture in South America

Switzerland's UBS Group AG and state-controlled Banco do Brasil SA signed a preliminary agreement on Monday to create a joint venture in investment banking in South America, the Brazilian bank said in a securities filing.



4 years ago

FAA chief invites Boeing 737 MAX feedback from divided world regulators

The U.S. Federal Aviation Administration invited continued feedback from global regulators at a Boeing 737 MAX briefing on Monday about the steps needed to return the grounded passenger jet to flight after two fatal crashes.



4 years ago

Trump questions Mnuchin over request Chinese delay U.S. farm trip

U.S. President Donald Trump on Monday questioned a decision by his top trade negotiators to ask Chinese officials to delay a planned trip to U.S. farming regions after trade talks last week, saying he wanted China to buy more American farm products.



4 years ago

Fox Corp's Rupert Murdoch gets paid $42.2 million in 2019

Fox Corp Chairman Rupert Murdoch was paid $42.2 million in fiscal 2019, lower than last year, following the media company's sale of its film and TV assets to Walt Disney Co .



4 years ago

U.S.-China trade talks will resume in two weeks: Mnuchin

U.S. Treasury Secretary Steven Mnuchin said on Monday that he and U.S. Trade Representative Robert Lighthizer would meet with Chinese Vice Premier Liu He for trade talks in two weeks.



4 years ago

U.S.-Japan trade deal hits snag as Tokyo seeks assurances on car tariffs

A U.S.-Japan trade deal hit a last-minute snag as Japanese officials sought assurances that the Trump administration will not impose national security tariffs on Japanese-built cars and auto parts, people familiar with the talks said on Monday.



4 years ago

Facebook to buy brain science start-up CTRL-labs

Facebook Inc said on Monday it bought New York-based CTRL-labs, a start-up that is exploring ways for people to communicate with computers using brain signals, in a deal that CNBC said was valued at $1 billion.



4 years ago

Fed policymakers say lower rates are helping

The Federal Reserve has delivered a boost to the economy this year not only with interest-rate cuts but also because it shifted away from its earlier view that it would need to raise rates in 2019, two Fed policymakers said on Monday.



4 years ago

AB InBev Asia unit raises $5 billion in world's second-largest 2019 IPO: sources

Anheuser-Busch InBev NV (AB InBev) raised about $5 billion after pricing the Hong Kong IPO of its Asia-Pacific business at the bottom of an indicative range, two people with direct knowledge of the matter told Reuters.



4 years ago