Markets

Two fast-growing Chinese phone brands said on Tuesday that they will adopt Qualcomm Inc's newest 5G chip in their flagship devices early next year.

LONDON: European equities mostly retreated on Tuesday (Dec 3) after US President Donald Trump warned there was no deadline for doing a trade deal with China. The announcement added to trade uncertainty already stoked by the United States reimposing tariffs on Argentina and Brazil, threatening ...

A record number of U.S. consumers spent more online and in stores over the holiday weekend for everything from clothing to toys, the National Retail Federation said on Tuesday.

OTTAWA: Chinese tech giant Huawei, facing US criminal charges and economic sanctions, is planning to relocate its telecommunications research from the United States to Canada, founder Ren Zhengfei said in an interview published on Tuesday (Dec 3). Speaking with the Globe and Mail newspaper at ...

The U.S. Federal Reserve announced Wednesday it had terminated a 2015 enforcement action against Bank of America over its shortcomings in preventing traders from manipulating foreign exchange rates.

FRANKFURT: Public prosecutors on Tuesday raided the Wolfsburg headquarters of Volkswagen as part of the investigation into the car maker's diesel scandal. The prosecutor said that investigators aimed to confiscate documents, while Volkswagen said that it was fully cooperating with the authorities ...

The head of Fidelity Investment's US$2.8 trillion asset management division, Steve Neff, is retiring, the Financial Times reported https://on.ft.com/2PdATJA, citing a memo sent to the brokerage's employees on Tuesday.

Chinese smartphone maker Xiaomi Corp launched its online lending service in India on Tuesday, widening its offering of financial products in one of the world's biggest web services markets.

FWD Group, the insurance arm of Hong Kong's investment conglomerate Pacific Century Group, is pulling out of the employee benefits business in Singapore.

U.S. stock index futures slipped on Tuesday after President Donald Trump said a trade deal with China might have to wait until after the U.S. presidential election in November 2020, sparking fears of a delay in resolving the tariff dispute.