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International fund managers turn to financials, tech as trade worries rise

NEW YORK The rising tensions over global trade policy are prompting some top-performing international fund managers to look for the companies that can emerge as winners.

Recent Business News

AT&T CEO says ready to invest, WarnerMedia rebranding unveiled

AT&T Inc is committed to spend as much as needed on the media business of newly acquired Time Warner Inc, Chief Executive Randall Stephenson told CNBC on Friday, with a plan to invest $21 billion to $22 billion in the combined company.

Entertainment, Tech Jun 15 2018

Foxconn announces North American headquarters in Wisconsin

SHANGHAI Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city's downtown area.

Jun 16 2018

Theranos founder Holmes, former president indicted for fraud

Theranos Inc founder Elizabeth Holmes and the embattled blood-testing company's former president were indicted on charges that they engaged in schemes to defraud investors, doctors and patients, the U.S. Justice Department announced on Friday. | Video

Jun 16 2018

The bigger Cryptocurrencies get, the worse they perform: BIS

LONDON Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.

12:17pm EDT

China's BYD recalls cars with Takata airbag inflators: state media

BEIJING Chinese electric vehicle maker BYD Co Ltd has announced a recall of over 10,000 cars equipped with accident-prone Takata airbag inflators, state news agency Xinhua reported on Sunday.

10:23am EDT

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