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Market News
Chips are down: Huawei U.S. blacklisting knocks semiconductor stocks
Top / Flop
Monday, 20 May
U.S., China bicker over 'extravagant expectations' on trade deal
1h ago - BEIJING/WASHINGTON (Reuters) - China accused the United States on Monday of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as U.S. action against China's technology giant Huawei began hitting the global tech sector.
Stock futures drop on concerns over spiraling fallout of Huawei crackdown
36m ago - (Reuters) - U.S. stock index futures fell on Monday, as fears over the impact on major technology companies from Washington's crackdown on China's Huawei Technologies added to concerns over worsening trade dispute between the world's two biggest economies.
FCC, Sprint, T-Mobile to announce agreement on deal
26m ago - WASHINGTON (Reuters) - Sprint Corp and T-Mobile US Inc on Monday will announce a series of changes to their $26 billion deal, while U.S. regulators are expected to announce agreement on the conditions necessary to approve the merger, sources said.
Exclusive: Western buyers freeze Russian payments over dirty oil outage
1h ago - MOSCOW (Reuters) - Total and ENI have stopped payments to the Russian firms who sold them contaminated oil and said they will only pay when compensation is agreed, trading sources said, upping the stakes in what they say is the worst disruption to Russian oil supply.
Deutsche Bank staff flagged Trump, Kushner transactions for watchdog: NYTimes
1h ago - WASHINGTON (Reuters) - Anti-money laundering specialists at Deutsche Bank AG recommended in 2016 and 2017 that multiple transactions involving entities controlled by U.S. President Donald Trump and his son-in-law, Jared Kushner, be reported to a federal financial-crimes watchdog, the New York Times reported on Sunday.
Stock markets slide as worries about Huawei fallout mount
1h ago - LONDON (Reuters) - Stock markets weakened on Monday as concerns mounted about an escalating fallout from a U.S. crackdown on China's Huawei Technologies.
THE DAILY MACRO BRIEF: Customs duties, Trade Agreement, Brexit, Record consumer confidence...
22m ago - The United States gives the EU six months to find a compromise before raising its tariffs on cars. Ottawa, Washington and Mexico City agree to lift tariffs on steel and aluminum. In the United States, consumer confidence is back to 2004 levels. Negotiations between May and Corbyn ended in failure. GDP growth in Japan was a pleasant surprise.
British ministers say the City of London will survive in a post-Brexit world
42m ago - LONDON (Reuters) - Britain’s vast finance industry will emerge largely unscathed from Brexit and retain its position as one of the world’s top financial centres, ministers in Prime Minister Theresa May's government said on Monday.
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