Markets

WASHINGTON: T-Mobile said on Monday (Dec 2) it became the first to launch 5G wireless service across the United States, although it will be slower than some expect for the new generation of connectivity. The number three US carrier said its 5G network covers 200 million people and "goes through...

The U.S. government on Monday said it could slap additional duties of up to 100per cent on US$2.4 billion in French imports of Champagne, handbags, cheese and other products, after concluding that a new French digital services tax would harm U.S. tech companies.

WASHINGTON: US President Donald Trump on Monday (Dec 2) announced plans to reimpose tariffs on steel and aluminium from Brazil and Argentina, hitting back at what he called their "unfair" policies. The move appeared to surprise his Brazilian counterpart, Jair Bolsonaro, who considers himself an ...

U.S. President Donald Trump's surprise decision to slap metals tariffs on Brazil is a blow to President Jair Bolsonaro's aim of forging closer ties with Washington and could push Latin America's No. 1 economy closer to Trump's top trade foe - China.

Wells Fargo & Co said on Monday Scott Powell will become chief operating officer, the second external recruit to join the top ranks since Chief Executive Charles Scharf took over six weeks ago.

CNH Industrial truck unit Iveco on Monday joined the alternative propulsion party as it unveiled its first electric vehicle, which it will build in partnership with U.S. startup Nikola Motor Co.

THE way to forecast cashflow in a supply chain can be as uncertain as a coin toss, but technology solutions rolled out by Dutch bank ING from its innovation post in Singapore are showing that there is some science in this trillion-dollar market.

NEW YORK: Wall Street stocks tumbled on Monday (Dec 2) after President Donald Trump announced new tariff actions on Brazil and Argentina and US manufacturing showed further sign of weakness. Trump said he was reinstating tariffs on steel and aluminium from the South American countries due to a ...

SAN FRANCISCO: The Federal Bureau of Investigation considers any mobile app developed in Russia to be a "potential counterintelligence threat," it said on Monday, responding to a U.S. lawmaker's query about face-editing photo app FaceApp. The viral smartphone app saw a surge in popularity this ...

KUALA LUMPUR: Former Malaysian leader Najib Razak will take the stand to defend his conduct in the 1MDB scandal on Tuesday (Dec 3), as the first of several trials linked to the multi-billion-dollar fraud enters a crucial stage. Huge sums were stolen from sovereign wealth fund 1Malaysia Development ......