Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution...Asia Marketsread more
Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
Saudi Arabia on Saturday suspended any dialogue with Qatar, accusing it of "distorting facts," just after a report of a phone call between the leaders of both countries suggested a breakthrough in the Gulf dispute.
Saudi Arabia's Crown Prince Mohammed bin Salman spoke by the telephone with Qatar's Emir Sheikh Tamim bin Hamad al-Thani on Friday when they discussed the Gulf dispute, state media from both countries reported earlier.
Saudi Arabia, the UAE, Egypt and Bahrain cut diplomatic and trade links with Qatar on June 5, suspending air and shipping routes with the world's biggest exporter of liquefied natural gas, which also is home to the region's biggest U.S. military base.
"During the call, the Emir of Qatar expressed his desire to sit at the dialogue table and discuss the demands of the four countries to ensure the interests of all," Saudi state news agency SPA reported.
"The details will be announced later after the Kingdom of Saudi Arabia concludes an understanding with the United Arab Emirates, the Kingdom of Bahrain and the Arab Republic of
Egypt, " SPA said.
The phone call was the first publicly reported contact between the two leaders since the start of the crisis.
Trump on Thursday said he would be willing to step in and mediate the worst dispute in decades among the U.S.-allied Arab states and Qatar, and said he thinks a deal could come quickly.
Both Qatar's Emir and the Saudi Crown Prince "stressed the need to resolve the crisis by sitting down to the dialogue table to ensure the unity and stability of the GCC countries," QNA reported.
Sheikh Tamim welcomed the proposal of Prince Mohammed during the call "to assign two envoys to resolve controversial issues in a way that does not affect the sovereignty of the states," QNA said.
Saudi Arabia later issued a second statement citing an unnamed official at the ministry of the foreign affairs denying the QNA report.
"What was published on the Qatar News Agency is a continuation of the distortion of the Qatari authority of the facts," SPA reported citing the Saudi official. "The Kingdom of Saudi Arabia announces the suspension of any dialogue or communication with the authority in Qatar until a clear statement is issued clarifying its position in public. "