Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The latest downward revision comes from Loup Ventures co-founder Gene Munster, who says Tesla will likely fall short of delivery expectations.Investingread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
Appaloosa's David Tepper has discussed returning the hedge fund's capital to investors and converting it to a family office.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
President Donald Trump was expected to formally announce the aid plan later in the day at the White House.Politicsread more
U.S. tariffs on Chinese goods are hurting an unintended target as the trade war with China rages, an International Monetary Fund study finds.Marketsread more
Papa John's founder John Schnatter has been selling his shares in the company but remains its largest shareholder.Restaurantsread more
U.S. President Barack Obama and Indian Prime Minister Narendra Modi on Tuesday welcomed the start of preparatory work for six nuclear reactors in India, a key step in closing the first deal stemming from a US-India civil nuclear accord struck more than a decade ago.
A joint U.S.-India statement said India and the U.S. Export-Import Bank were working to complete a financing package for the project, and that the Nuclear Power Corporation of India and Toshiba's Westinghouse Electric had confirmed engineering and site design work would begin immediately.
It said the companies would work toward finalizing the contract by June 2017. That is a year later than Westinghouse Chief Executive Daniel Roderick said he hoped for in an interview with Reuters in late March.
Asked about the delay, a Westinghouse spokeswoman, Courtney Boone, said: "the negotiations continue."
Westinghouse has been negotiating the project since 2005.
A longstanding obstacle has been the need to bring Indian liability rules into line with international norms, which require the costs of any accident to be channeled to the operator rather than the maker of a nuclear power station.
Asked if Westinghouse was satisfied with the provisions on liability, Boone said great progress had been made, but Westinghouse would "continue to monitor and support the efforts of the Indian government to provide a solution."
She said the Indian government could begin site work, but Westinghouse could only do so once an "enabling work agreement" was in place, which it hoped for in the "very near term."
The senior U.S. State Department official for South Asia, Assistant Secretary of State for South and Central Asian Affairs Nisha Desai Biswal, said last month that India had addressed concerns over liability to the satisfaction of the U.S. government and it was now up to individual companies to determine whether they were comfortable to do business with India.
John Morton, senior director for energy and climate at the White House, told reporters Tuesday's announcement "represented a clearer and more definite statement about both countries' commitments" that the reactor project would move forward.
Follow CNBC International on and Facebook.