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The U.S. is underestimating Huawei, says founder

The U.S. government has temporarily eased trade restrictions imposed last week on China‚Äôs Huawei, a move aimed at minimizing disruption for its customers but dismissed by its founder who said the tech firm had prepared for U.S. action......»»

Category: videoSource: REUTERS8 min. ago Related News

Tesla stock worth just $10 in worst case: Morgan Stanley

Further falls in Tesla Inc's share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric car producer to just $10......»»

Category: topSource: REUTERS38 min. ago Related News

Kremlin criticizes new U.S. pledge to sanction Nord Stream 2 pipeline

The Kremlin said on Tuesday that U.S. sanctions on Russia's Nord Stream 2 pipeline to Germany would be an act of unfair competition that would be seen as unacceptable in Moscow and some European capitals......»»

Category: topSource: REUTERS38 min. ago Related News

Fingerprints and finances: next Wells Fargo CEO will be under regulatory microscope

From submitting their fingerprints to giving up their tax records, Wells Fargo & Co's next chief executive will go through a vetting process that could rival that of top U.S. government officials......»»

Category: topSource: REUTERS38 min. ago Related News

Self-driving trucks begin mail delivery test for U.S. Postal Service

The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight......»»

Category: topSource: REUTERS38 min. ago Related News

Home Depot misses quarterly same-store sales estimates

Home Depot Inc missed Wall Street estimates for quarterly same-store sales on Tuesday, hurt by poor weather in February and a steep fall in lumber prices......»»

Category: topSource: REUTERS38 min. ago Related News

Sanctions bill on Nord Stream 2 coming soon: U.S. energy secretary

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant future"......»»

Category: topSource: REUTERS1 hr. 7 min. ago Related News

Global stocks gain as U.S. eases Huawei restrictions

Stocks markets gained on Tuesday, with chipmakers and stocks exposed to Asia among the best performers, after Washington temporarily eased trade restrictions imposed last week on China's Huawei......»»

Category: topSource: REUTERS1 hr. 7 min. ago Related News

U.S., China need to reverse course in trade row to help economy: OECD

Economic growth in China and the United States could be 0.2-0.3% lower on average by 2021 and 2022 if the two countries do not row back on tit-for-tat tariffs in their dispute that has dampened the global economic outlook, the OECD said on Tuesday......»»

Category: topSource: REUTERS1 hr. 7 min. ago Related News

Big Deutsche Bank investors demand a succession plan for chairman: sources

Some major investors in Deutsche Bank are demanding a succession plan for Chairman Paul Achleitner, two people with knowledge of the matter said on Tuesday, amid discontent with the bank's turnaround......»»

Category: topSource: REUTERS1 hr. 7 min. ago Related News

Airbus pledges boxers" counter-punch to new Boeing mid-jet

Airbus held out the prospect of a clash over prices to counter any decision by Boeing to launch a new aircraft in the middle of the jet market, by promising a "left hook, right hook" counter-punch with two of its existing models......»»

Category: topSource: REUTERS1 hr. 7 min. ago Related News

Toyota strikes delicate U.S.-China balance

Toyota last month announced two deals in China that were small in size but large in strategic planning, as internal documents seen by Reuters show the automaker made careful strategic moves to keep the U.S. on side in the midst of trade tensions......»»

Category: videoSource: REUTERS1 hr. 22 min. ago Related News

Airbus" programs chief: trade tensions could impact customers

Airbus' programs chief said trade tensions could impact customers, although the sales chief at the European planemaker said its market remained "quite positive" and less dependent upon economic cycles than before......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

Japan auto lobby dismayed Trump declares some imports security threat

Japan's automakers' lobby said on Tuesday it was dismayed by President Donald Trump's declaration that some imported vehicles and parts posed a threat to U.S. national security, as the industry braces for a possible rise in U.S. tariffs......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

China Eastern asks Boeing for compensation over 737 MAX grounding

China Eastern Airlines has formally requested compensation from Boeing Co for the grounding of its 14 737 MAX aircraft and has delayed deliveries of future planes, the company said on Tuesday......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

Hundreds of foreign companies attend North Korea trade fair despite sanctions

An international trade fair in North Korea this week may be the largest such event on record, analysts said on Tuesday, with hundreds of Chinese and other foreign vendors taking part despite sanctions pressure......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

China rebuffs Trump claim U.S. tariffs are making firms leave

Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump's claim that his tariffs are causing companies to move production away from the world's second largest economy......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

U.S. energy secretary - sanctions bill on Nord Stream 2 coming soon

United States Energy Secretary Rick Perry said on Tuesday that a sanctions bill putting onerous restrictions on companies involved in the Nord Stream 2 project would come in the "not too distant future"......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

Big Deutsche Bank investors demand a succession plan for chairman - sources

Some major investors in Deutsche Bank are demanding a succession plan for Chairman Paul Achleitner, two people with knowledge of the matter said on Tuesday, amid discontent with the bank's turnaround......»»

Category: topSource: REUTERS1 hr. 52 min. ago Related News

A bubble looms over China"s heartland

China's policymakers struggle to grapple with a property market, the world's largest, that is crucial for growth yet prone to bubbles springing up in unlikely places. Ryan Brooks reports......»»

Category: videoSource: REUTERS2 hr. 22 min. ago Related News