The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters.
Tesla Inc said on Monday it has started delivering its Shanghai-made Model Y sports utility vehicles to customers in China.
When the pandemic hit, Larry Gadea, CEO of the San Francisco-based office-services startup Envoy, saw a chance to pivot.
Former Hong Kong lawmaker Ted Hui has renewed his criticism of HSBC for freezing his local bank accounts even after the global bank's chief executive, Noel Quinn, wrote to him to explain the circumstances of the change.
Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources familiar with the matter told Reuters.
Asian shares pared early losses on Monday as data confirmed China's economy had bounced back last quarter as factory output jumped, helping partially offset recent disappointing news on U.S. consumer spending.
Oil prices on Monday fell further from 11-month highs touched last week, ending a rally that started at end-October on production cuts and strong Chinese demand, with the market's outlook questioned as coronavirus infections rise.
| S&P » | 3,768.25 | -0.72% |
| Dow » | 30,814.26 | -0.57% |
| FTSE 100 » | 6,727.61 | -0.12% |
| Nikkei 225 » | 28,242.21 | -0.97% |
| US 10YR |
+1.087
|
+0.000 |
| DE 10YR |
-0.552
|
-0.010 |
| JP 10YR |
+0.048
|
-0.001 |
| USD / EUR » | 0.8278 | +0.04% |
| USD / GBP » | 0.7385 | +0.37% |
| USD / JPY » | 103.7300 | -0.08% |