Huawei CEO Ren Zhengfei laid out plans to bring more efficiencies to the organization. This included simplifying the reporting structure, cutting down on surplus staff, axing...Technologyread more
The bond market has entered a financial twilight zone, and at this point, there doesn't seem to be a smooth way out.Market Insiderread more
China has used both monetary and fiscal measures to lift economic activity as its trade war with the U.S. looks set to intensify in the coming months.China Economyread more
President Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing a possible sale of...World Politicsread more
"I think (rate cuts) will help, but whether they're going to be sufficient to counter the negative trade pressures and global growth slowdown and impact is debatable," one...Central Banksread more
Chinese overseas investment growth will likely slow or even decline in the next few years as risks around the world increase, according to new research by Moody's Investors...China Economyread more
The two countries want to smash the civil aerospace duopoly enjoyed by Airbus and Boeing.Aerospace & Defenseread more
Alibaba held a board meeting before its latest quarterly earnings release last week, during which the board decided to postpone the Hong Kong listing, Reuters reported.Technologyread more
Federal Reserve Chairman Jerome Powell is set to deliver his annual speech on Friday at the Jackson Hole, Wyoming symposium, where he's expected to provide more clarity on the...Asia Marketsread more
U.S. and Asian investors poured $3.7 billion into U.K. tech start-ups in the first seven months of 2019, research shows.Technologyread more
After Elon Musk touts Tesla solar on Twitter, Walmart sues the electric vehicle and clean energy company over store rooftop panels that ignited.Technologyread more
European shares closed higher on Friday, despite investors' caution ahead of the U.S. Federal Reserve meeting next week. The pan-European FTSE Eurofirst 300 close provisionally 0.2 percent higher at 1,250.08 points.
European and Asian equity markets were pressured as investors booked profits after the recent market run-up, and as caution set in that the Fed may announce a tapering of its $85-billion-a-month asset-purchase program next Wednesday.
Meanwhile, worries over Syria lingered as U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov held open talks on disarming Syria's chemical weapons programs. In remarks after Thursday's meeting, Kerry said pledges of Syria's regime to give up its chemical arms were "simply not enough."
(Read more: Gold price: 'Last hurrah' may be on its way)
Social media messaging site Twitter remained in the spotlight after it filed confidentially for an initial public offering (IPO) of stock. Goldman Sachs is the lead underwriter, sources told CNBC. Shares of social media companies like Facebook and LinkedIn ticked slightly higher after Twitter disclosed it had filed.
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