The Australian operation of Chinese telecommunications equipment maker Huawei Technologies Co Ltd said it would continue to cut staff numbers and investment in the country amid strained relations between Beijing and Canberra.
U.S. President Donald Trump on Monday said he was rebuffed when he asked officials to adjust the exchange rate of the dollar to counteract what he described as repeated currency manipulation by China of its yuan.
The US economy will only recover from the coronavirus downturn when people feel safe to resume their normal activities, Federal Reserve Chair Jerome Powell said in remarks released Monday ahead of congressional testimony.
Airbus has unveiled three visual concepts for "zero emission" airplanes to be powered by hydrogen.
The local tourism vouchers are a smart policy innovation to lift the tourism industry without propping up zombies. And Singaporeans get a vote too.
Brand survival in the pandemic is part luck, but there are some lessons to be learnt, says the Financial Times’ Rana Foroohar.
The U.S. aviation regulator should require new cockpit procedures for Boeing Co's 737 MAX to help pilots disable an erroneous stall alert that could be a serious distraction during mid-flight emergencies, the world's largest pilot union said on Monday.
Two key Republican senators on Monday introduced legislation that would authorize US$28 billion in payroll assistance to avoid thousands of airline industry layoffs set to begin Oct. 1.
A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying to back out of its US$16 billion deal to acquire the U.S. jeweler.
Advocates of legislation to beef up the U.S. fight against money laundering made a fresh push on Monday to get Congress to act, after new revelations that some leading global banks have been processing payments linked to alleged illicit funds.
