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U.S. gave Britain new evidence of 'madness' of using Huawei in 5G network: report

U.S. government officials presented the British government with new evidence on Monday about the risks of including Huawei [HWT.UL] equipment in future 5G mobile networks, branding it "madness", the Guardian newspaper reported.



5 years ago

U.S. rejects Avenatti claim that 'document dump' justifies Nike trial delay

U.S. prosecutors on Monday rejected Michael Avenatti's claim that they overwhelmed him with large amounts of material for the Jan. 21 trial accusing the celebrity lawyer of trying to extort Nike Inc , and that the material should be excluded or the trial delayed by 30 days.



5 years ago

U.S. Treasury removes designation of China as currency manipulator

The U.S. Treasury Department on Monday said China should no longer be designated as a currency manipulator in a long-delayed semi-annual currency report, reversing an August finding that had roiled financial markets.



5 years ago

Visa to buy fintech startup Plaid in $5.3 billion deal

Visa Inc has agreed to buy privately held financial technology startup Plaid Inc in a $5.3 billion deal, the payments processor said on Monday.



5 years ago

Renault chairman says alliance with Nissan 'robust': L'Echo

The alliance between the French carmaker Renault and its Japanese partner Nissan Motor is "solid, robust, everything but dead," the chairman of Renault, Jean-Philippe Senard, told Belgian newspaper L'Echo.



5 years ago

Visa to acquire Plaid, the fintech powering Venmo and other banking apps, in $5.3 billion deal

Payments giant Visa is buying Silicon Valley start-up Plaid in a $5.3 billion deal, the companies announced Monday.

5 years ago

U.S. Treasury drops China currency manipulator label ahead of trade deal signing

The U.S. Treasury Department on Monday dropped its designation of China as a currency manipulator days before top officials of the world's two largest economies were due to sign a preliminary trade agreement to ease an 18-month-old tariff war.



5 years ago

Visa to pay $5.3 billion to buy fintech startup Plaid

Visa Inc said on Monday it agreed to buy privately held software startup Plaid Inc in a $5.3 billion deal that will boost the payments giant's access to the booming financial technology space.



5 years ago

Asian stocks rally to record high ahead of trade deal; yen slips

Asian share markets rose on Tuesday and safe-haven assets slid as signs of goodwill between China and the United States supported optimism for global growth, with the world's two biggest economies preparing to formalize a trade-war truce.



5 years ago

Yen slips, yuan ascends after Washington drops China FX manipulator label

The yen plumbed an eight-month low while the yuan climbed to its highest level since July on Tuesday, after the U.S. Treasury Department reversed its decision in August to designate China as a currency manipulator.



5 years ago

Apple rejects claims it did not provide assistance in Pensacola shooting probe

Apple Inc on Monday said it rejects "the characterization that Apple has not provided substantive assistance" in the investigation into a shooting in Pensacola, Florida, last month.



5 years ago

Canadian court denies media request to broadcast Huawei CFO hearing

A Canadian court on Monday denied a media consortium's request to broadcast a portion of hearing seeking to extradite Huawei Technologies Chief Financial Officer Meng Wanzhou to the United States.



5 years ago

Saudi Aramco raises IPO to record $29.4 billion through greenshoe option

State-owned oil company Saudi Aramco said on Sunday it has exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion.



5 years ago

Saudi Aramco raises IPO to record $29.4 billion by over-allotment of shares

State-owned oil company Saudi Aramco said on Sunday it had exercised its "greenshoe option" to sell an additional 450 million shares, raising the size of its initial public offering (IPO) to a record $29.4 billion.



5 years ago

How to protect your windfall if you snag Powerball's $296 million jackpot

If you match all six winning numbers in Wednesday night's Powerball drawing, there are some steps you should take to protect your sudden wealth, experts say.

5 years ago