Month: December 2019

Saudi Aramco has received orders worth 189.04 billion riyals (£39.28 billion) for the institutional tranche of its planned initial public offering (IPO), its financial advisers said in a joint statement … Read More

U.S. President Donald Trump is willing to wield tariffs and access to the U.S. market as he continues to push for trade deals with China as well as France and … Read More

Amazon.com Inc on Tuesday said it was extending its cloud to 5G networks in partnership with Verizon Communications Inc , so developers can run latency-sensitive programs on mobile and connected … Read More

Amazon.com Inc said on Tuesday it had designed a more powerful data center processor chip, as it looks to pose a serious challenge to the domination of market leaders Intel … Read More

Wall Street set course for its third consecutive sell-off on Tuesday as investor optimism over a potential near-term respite from the U.S.-China trade war evaporated following commentary from President Donald … Read More

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.   – Reuters: Money News

The presidents of South America’s Mercosur trade bloc meet on Wednesday under the cloud of tariffs restored by U.S. President Donald Trump on steel and aluminium imports from its two … Read More

The head of French jet engine maker Safran has voiced caution over the ability of aerospace supply chains to ramp up quickly after the return to service of the Boeing … Read More

Wall Street’s main indexes hovered near one-month lows on Tuesday, as comments from President Donald Trump and Commerce Secretary Wilbur Ross stoked fears of a significant delay in resolving a … Read More

British exotic sports car maker McLaren Automotive will bank on expanded sales in Asia and a new generation of hybrid cars as it steers toward a potential public offering, the … Read More