Month: March 2019

Japan’s Softbank Group Corp said on Thursday it had launched a new $5 billion innovation fund to invest in technology companies in Latin America.

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Rent the Runway will partner with Williams-Sonoma Inc’s West Elm brand to allow subscribers to rent home decor, the clothing rental company said on Thursday.

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Deutsche Post DHL Group on Thursday forecast profit growth for this year that lagged analysts’ expectations, but played down concerns over global trade, saying more complex supply chains could in the near term benefit its business.

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METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he spends most days in his favorite cafe in the southern town of Metlaoui.

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World stocks were stuck in their worst run of the year and bonds were on the rise on Thursday, as investors waited for confirmation that the European Central Bank will start shoveling cheap cash at the euro zone again.

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Deutsche Post DHL Group said it expected slower profit growth this year than analysts predicted but did not see a major impact on global trade from geopolitical tensions.

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Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, ratcheting up its fight back against a government bent on closing it out of global markets.

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Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, ratcheting up its fight back against a government bent on closing it out of global markets.

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Chinese telecoms equipment maker Huawei Technologies sued the U.S. government on Thursday saying a law limiting its U.S. business was unconstitutional, racheting up its fight back against a government bent on closing it out of global markets.

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On the southernmost edge of the Asian landmass and on the shores of the busy shipping lanes of the Singapore Strait, Malaysia’s Petronas is starting up a state-of-the art petroleum processing hub, called RAPID.

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German fashion house Hugo Boss said it expected its operating profit to rise faster than sales in 2019, predicting strong momentum in its online business and Asia.

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Asian shares eased on Thursday, with caution prevailing as investors awaited some kind of resolution to Sino-U.S. trade negotiations, while the euro remained under pressure ahead of the European Central Bank meeting.

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Chinese telecoms equipment maker Huawei Technologies Co Ltd on Thursday confirmed it is suing the U.S. government over a section of a defense bill passed into law last year that restricted its business in the United States.

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Chinese telecoms equipment maker Huawei Technologies Co Ltd on Thursday confirmed it is suing the U.S. government over a section of a defense bill passed into law last year that restricted its business in the United States.

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Chinese telecommunications giant Huawei Technologies Co Ltd filed a lawsuit against the United States late Wednesday, alleging that it acted illegally by enacting a law that forbids the government from doing business with companies that use Huawei equipment as a “substantial or essential component” of their system.

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