U.S. President Donald Trump on Friday extended a ban until 2032 on offshore oil drilling off the coast of North Carolina, weeks after a similar extension affecting drilling in the waters off Florida, Georgia and South Carolina.
About 3,500 U.S. companies, including Tesla Inc , Ford Motor Co , Target Corp , Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than US$300 billion in Chinese-made goods.
Three people have been found dead after a fire at a facility belonging to Chinese tech giant Huawei Technologies in the southern city of Dongguan on Friday, local authorities said.
With COVID-19 deaths in the U.S. topping 200,000 this week following a rise in new daily cases last week for the first time in eight weeks, the role of the economy in the looming presidential election could take on heightened importance - but it is not clear how.
Tim Summers argues that Hong Kong’s future is increasingly integrated with that of China as a whole, but this does not spell the long-prophesied “end of Hong Kong”.
Delta Air Lines said on Friday it is bringing forward a series of aircraft retirements, leading to a charge of up to US$2.5 billion in the third quarter.
American Airlines said on Friday it has secured a US$5.5 billion government loan and could tap up to US$2 billion more in October depending on how the U.S. Treasury allocates extra funds under a US$25 billion loan package for airlines.
Wall Street's main indexes rose on Friday, led by technology-related stocks, but were still set for their longest weekly losing streak in a year as fears about the coronavirus' impact on the economy weighed on investor sentiment.
About 3,500 U.S. companies, including Tesla Inc , Ford Motor Co , Target Corp , Walgreen Co and Home Depot have sued the Trump administration in the last two weeks over the imposition of tariffs on more than US$300 billion in Chinese-made goods.
A single dose of Johnson & Johnson's experimental COVID-19 vaccine produced a strong immune response against the novel coronavirus in an early-to-mid stage clinical trial, according to interim results published on Friday.
