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China warns U.S. it will defend own trade interests

BEIJING The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told U.S. Treasury Secretary Steven Mnuchin in a telephone call on Saturday, Chinese state media reported.

Recent Business News

Qualcomm re-elects board of directors with tepid support

SAN DIEGO Qualcomm Inc re-elected its board of directors on Friday with weak support from shareholders, who grilled the U.S. chipmaker over its strategy following its successful defense against a $117-billion hostile bid from Broadcom Ltd .

Mar 23 2018

Goldman Sachs CEO Blankfein sees 9 percent pay hike in 2017

Goldman Sachs Group Inc Chief Executive Lloyd Blankfein saw his overall compensation rise 9 percent, despite the investment bank's lackluster performance in 2017.

Mar 23 2018

GSK pulls out of $20 billion race for Pfizer consumer assets

LONDON GlaxoSmithKline has quit the race to buy Pfizer's consumer healthcare business, endangering an auction the U.S. drugmaker hoped would bring in as much as $20 billion. | Video

Mar 23 2018

Boeing set to win American wide-body jet order: sources

PARIS/NEW YORK Boeing Co is close to winning a keenly fought contest to supply 787 Dreamliner jets to American Airlines , beating European competition from the Airbus A330neo, three people familiar with the matter said.

Mar 23 2018

Spotify says about two million users blocked ads without paying

Spotify Technology SA said on Friday it uncovered 2 million users of its free service who had blocked advertising without paying, highlighting a potential revenue risk for the soon-to-be public company. | Video

Mar 23 2018

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