Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Huawei is developing its own operating system for smartphones and laptops, but the company says it would only be used in "extenuating circumstances."Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Stocks in Asia were mostly higher on Monday amid rising tensions between the U.S. and China.Asia Marketsread more
Current geopolitical tensions are making it harder and harder for oil-producing nations to make decisions that will help stabilize crude prices, Russian Energy Minister...Oilread more
Russian Energy Minister Alexander Novak said there were different options available for OPEC and its oil-producing allies in the second half of 2019, including a possible...Oilread more
The Australian Electoral Commission (AEC) on Monday said Morrison's coalition has won 75 seats in Australia's parliament, one seat short of a 76-seat majority.Electionsread more
U.S. President Donald Trump said his tariffs on Chinese goods are causing companies to move production out of China to Vietnam and other countries in Asia, and added that any...World Politicsread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
French bank Credit Agricole's first quarter net profits fell, as two one-off events offset profitability increases in all its main business lines.
First quarter net profits declined 11% to 763 million euros ($855 million), down from 856 million euros in the same period a year ago, when the bank had booked a capital gain worth 86 million euros on the acquisitions of three banks in Italy.
Credit Agricole also said it had to contribute about 40 million euros more to the European fund protecting bank deposits in the first quarter of 2019 than in the same period a year ago.
Analysts polled by Infront Data for Reuters expected a 789 million euro net profit for the first quarter.
Credit Agricole said profitability at all its main business lines increased, including at its corporate and investment banking arm, which posted a 5.2% net profit increase.
Credit Agricole is due to announce new financial targets on June 6. The bank had surpassed the goals the management had set for 2019 a year ahead of schedule.