[ad_1] BENGALURU/BEIJING – Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to a market that promises better returns and growth.
Trump considering whether Apple should be exempt from China tariffs
[ad_1] AUSTIN, Texas (Reuters) – President Donald Trump said on Wednesday after touring a plant that assembles Apple Inc (AAPL.O) computers that he was considering whether to exempt the U.S. company from tariffs on imports
Fed holds off on permanent lending tool as policymakers mull details
[ad_1] NEW YORK (Reuters) – The Federal Reserve will hold off deciding whether to introduce a permanent lending facility aimed at staving off the money market ructions seen earlier this fall even as a growing
Huawei asks Canadian court to stay extradition process for CFO to United States
[ad_1] (Reuters) – Lawyers for Huawei Technologies Co Ltd asked a Canadian court to immediately stay proceedings seeking to extradite the company’s Chief Financial Officer Meng Wanzhou to the United States, a company spokesman said
GM sues Fiat Chrysler, alleging union bribes cost it billions
[ad_1] DETROIT (Reuters) – General Motors Co (GM.N) on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV (FCHA.MI) (FCAU.N), alleging that its rival bribed United Auto Workers (UAW) union officials over many years
U.S. lawmakers question Google about collection of health records
[ad_1] FILE PHOTO: People pass by an entrance to Google offices in New York, U.S., June 4, 2019. REUTERS/Brendan McDermid WASHINGTON (Reuters) – U.S. Presidential candidate Elizabeth Warren along with fellow Senators Richard Blumenthal and
‘Phase One’ U.S.-China trade deal may not be completed this year – trade sources
[ad_1] WASHINGTON (Reuters) – Completion of a “phase one” U.S.-China trade deal could slide into next year, trade experts and people close to the White House said, as Beijing presses for more extensive tariff rollbacks,
India grants telcos relief by deferring spectrum payments
[ad_1] NEW DELHI (Reuters) – India on Wednesday allowed telecom operators to defer payments due for airwaves bought via auction until the end of March 2022, giving some respite to firms after a court ruled
Wall Street drops on report trade deal may not be completed this year
[ad_1] (Reuters) – Wall Street’s main indexes fell about 1% on Wednesday after a report said a “phase one” trade deal between Washington and Beijing may not be completed this year. Street signs for Broad
GM sues FCA, alleging bribery, corruption of union bargaining process
[ad_1] DETROIT (Reuters) – General Motors Co on Wednesday filed a racketeering lawsuit against Fiat Chrysler Automobiles NV, alleging that its rival engaged in bribery over many years to corrupt the bargaining process with the