Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.
Goldman Sachs economists said on Sunday they are skeptical of "insurance" U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth due to global trade tensions.
Companies listed in Britain will be able to sell shares in China on Monday with the launch of a long-awaited London-Shanghai Stock Connect project that finance minister Philip Hammond called a chance to deepen "global connectivity".
Boeing Co engineers are reducing the scope and duration of certain costly physical tests used to certify the planemaker's new aircraft, according to industry sources and regulatory officials.
Target Corp on Sunday said it was unable to process select card payments at some stores for nearly 90 minutes due to a vendor-related issue – the second consecutive outage faced by the retailer in a week.
Huawei Technologies Co Ltd is preparing for a 40% to 60% decline in international smartphone shipments, Bloomberg reported on Sunday.
Wall Street bank Goldman Sachs Group Inc is combining its private-investing arms, with the resulting new division to have about $140 billion in assets, the Wall Street Journal reported on Sunday, citing people familiar with the matter.
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