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China's Huawei sees little impact on sales from U.S. broadside

1 hour ago DieselGasoil Comments Off on China's Huawei sees little impact on sales from U.S. broadside
SHENZHEN/HONG KONG (Reuters) – The U.S. campaign against China’s Huawei is having little impact on the company’s sales and it is unlikely many countries will follow the United States in banning Huawei from building next-generation mobile networks, its rotating Chairman Eric Xu said. FILE PHOTO: Eric Xu, CEO of Huawei, addresses media at Cebit, the Read More

Mexican president demands apology from Spanish King, Pope Francis for 16th century conquests

3 hours ago DieselGasoil Comments Off on Mexican president demands apology from Spanish King, Pope Francis for 16th century conquests
Mexican President Andrés Manuel López Obrador has formally requested an apology from both Spanish King Felipe VI and Pope Francis for the Spanish conquest some 500 years ago. The letter cited massacres that took place during the Spanish conquests of the indigenous peoples of Mexico throughout the 16th century. He also referenced the imposition of Read More

Recession obsession keeps the mood subdued

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LONDON (Reuters) – Calm returned to global markets on Tuesday as a steadier day for Europe and Asia’s bourses and a tick higher in benchmark bond yields helped ease nerves after a jarring few days dominated by recession worries. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

Indonesia says low-carbon plan could spur annual GDP growth

5 hours ago DieselGasoil Comments Off on Indonesia says low-carbon plan could spur annual GDP growth
JAKARTA (Reuters) – Indonesia plans to adopt a more sustainable economic development plan from 2020 that could deliver annual GDP growth of 5.6 to 6 percent over the next 25 years, its planning minister said on Tuesday. FILE PHOTO: Heavy traffic is seen on a main toll road as many people leave the city ahead Read More

Father of Sandy Hook shooting victim takes his own life

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By Sharon Marris, news reporter The father of a child killed in the mass shooting at Sandy Hook Elementary School has died in an apparent suicide, police have said. Jeremy Richman’s body was found outside his office on Monday morning in Newtown, Connecticut. The 49-year-old’s daughter Avielle Richman was one of 26 victims in a Read More

SoftBank and Toyota want driverless cars to change the world

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Meet ‘crazy’ tech tycoon Masayoshi Son SoftBank and Toyota want to change the world of transportation through autonomous vehicles and other technologies. The high-profile Japanese companies are forming a joint venture called Monet to develop businesses that will use driverless-car technology to offer new services, such as mobile convenience stores and delivery vehicles in which Read More

Asian shares edge up as U.S. bond yields come off late-2017 lows

10 hours ago DieselGasoil Comments Off on Asian shares edge up as U.S. bond yields come off late-2017 lows
TOKYO (Reuters) – Asian shares bounced back on Tuesday after two days of losses as U.S. 10-year Treasury yields edged higher, but the outlook remained murky as investors weighed the odds of whether the U.S. economy is in danger of slipping into recession. FILE PHOTO: A man is seen in front of an electronic board Read More

StanChart CEO says fears of Chinese growth slowdown, trade war are receding

11 hours ago DieselGasoil Comments Off on StanChart CEO says fears of Chinese growth slowdown, trade war are receding
Standard Chartered PLC Group Chief Executive Bill Winters attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter HONG KONG (Reuters) – Standard Chartered PLC Chief Executive Bill Winters said on Tuesday fears over a growth slowdown in China’s economy and the impact of the U.S.-China trade tensions are “receding a bit”. Read More

Samsung Electronics expects quarter one earnings to miss market forecasts

13 hours ago DieselGasoil Comments Off on Samsung Electronics expects quarter one earnings to miss market forecasts
FILE PHOTO – Attendees at Samsung Electronics Co LtdÕs Unpacked event test out the company’s new devices in in San Francisco, California, U.S., February 20, 2019 REUTERS/Stephen Nellis SEOUL (Reuters) – Samsung Electronics said on Tuesday that it expects its first quarter earnings to fall short of market expectations as declines in its memory chip Read More

Apple News+, at $10 a month, could deliver more content than multiple subscriptions

14 hours ago DieselGasoil Comments Off on Apple News+, at $10 a month, could deliver more content than multiple subscriptions
(Reuters) – Apple Inc’s Apple News+ service will offer content from 300 popular magazines and newspapers for just $10 a month. Unless you are wedded to print, it may be time to consider dumping your subscriptions. Roger Rosner, Vice President of Applications for Apple, speaks during an Apple special event at the Steve Jobs Theater Read More