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7 months ago

Canada dismisses China's warning of repercussions over Huawei ban

Canada's government on Friday dismissed China's warning of repercussions if Ottawa banned Huawei Technologies Co Ltd [HWT.UL] from supplying equipment to 5G networks, saying it would not compromise on security.

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7 months ago

Wall Street rises on trade optimism, upbeat manufacturing data

Wall Street's main indexes were on track for their fourth week of gains on Friday, led by technology and industrial stocks, amid hopes that a bitter trade war between the United States and China would finally come to an end.

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7 months ago

Murdoch seeks permission to merge UK's Times and Sunday Times

Rupert Murdoch's London-based newspapers The Times and Sunday Times have asked the British government for permission to share resources across both titles, a move that is barred under rules imposed when the media mogul bought both newspapers in 1981.

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7 months ago

Netflix shares slip as weak forecast dampens investor optimism

Shares of Netflix Inc fell more than 2 percent on Friday, as several investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.

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7 months ago

Fed's Williams says rate policy must be patient, data dependent

The U.S. Federal Reserve must be patient and guided by data when considering whether to raise interest rates, New York Fed President John Williams said on Friday, in remarks reinforcing the central bank's commitment to a wait-and-see approach.

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7 months ago

Daily bitcoin transactions on darknet markets doubled throughout 2018: report

Use of bitcoin as a form of payment doubled in 2018 on darknet market sites, where users can buy anything from illegal drugs to fake IDs, even though the price of the cryptocurrency crashed, according to a study by data firm Chainalysis.

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7 months ago

U.S. manufacturing output posts biggest gain in 10 months

U.S. manufacturing output increased by the most in 10 months in December, boosted by a surge in the production of motor vehicles and a range of other goods, which could allay fears of a sharp slowdown in factory activity.

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7 months ago

Wall Street set to open higher on trade optimism

Wall Street's main indexes were set to open higher on Friday, eyeing their fourth week of gains, on hopes that a bitter trade war between the United States and China would be resolved.

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7 months ago

Tiffany holiday sales fall as Chinese tourists spend less

Tiffany & Co tempered its yearly profit forecast on Friday after its holiday sales fell unexpectedly as Chinese tourists spent less globally and the U.S. luxury jeweler faced softer demand in Europe and at home.

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7 months ago

U.S. crude gains, slowing global economy challenge oil market in 2019: IEA

U.S. oil production growth combined with a slowing global economy will put oil prices under downward pressure in 2019, challenging OPEC's resolve to support the market with output cuts, the International Energy Agency said on Friday.

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