Honda Motor said on Wednesday it is recalling 137,000 new sport utility vehicles following reports of three injuries tied to sudden air bag deployments in the U.S.
LONDON, May 23- British chip designer ARM halted relations with Huawei to comply with a U.S. blockade of the company, potentially crippling the Chinese telecom company's ability to make new chips for its future smartphones. It also licenses graphics technology from the Cambridge- based company which is owned by Japan's SoftBank Group Corp..
China accounted for 40% to 60% of the global increase in trichlorofluoromethane, or CFC-11, emissions between 2014 and 2017, a study found.
In one incident, a U.S. State Department official told a South Korean counterpart that local telco LG Uplus Corp, which uses Huawei's equipment, should "not be allowed to serve in sensitive areas in South Korea", newspaper Chosun Ilbo reported.
*MSCI Asia ex- Japan +0.6%; China blue-chips drag. SHANGHAI, May 20- Asian shares steadied on Monday as investors caught their breath following another week of escalating U.S.- China trade tensions, with sentiment turning brighter after the United States said it would lift tariffs in North America. MSCI's broadest index of Asia-Pacific shares outside Japan...
PARIS, May 17- Global airlines body IATA expects increasing trade tensions and higher costs will mean a cut in 2019 industry profit forecasts. The International Air Transport Association trimmed its 2019 global airline industry profit forecast to $35.5 billion in December, from $38 billion, after it hit $32.3 billion in 2018.. Alexandre de Juniac, IATA...
HONG KONG/ BEIJING, May 16- The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment. The Trump administration has said it would add Huawei Technologies and 70 affiliates to its "...
HONG KONG/ BEIJING, May 16- The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens to rattle the global tech supply chain, linked closely to the $105 billion business of the world's top supplier of telecoms network equipment. The Trump administration has said it would add Huawei Technologies and 70 affiliates to its "...
*Oil, gas tankers travelling to Middle East on alert. SINGAPORE/ TOKYO, May 15- Asian shippers and refiners have put ships heading to the Middle East on alert and are expecting a possible rise in marine insurance premiums after recent attacks on Saudi oil tankers and pipeline facilities, industry sources said on Tuesday. "It's a headache for North Asian refiners who...
SEOUL/ BEIJING, May 15- Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with Asian firms LG Chem and Contemporary Amperex Technology Co Ltd, as it pushes its EV target of 50 percent of sales by 2025.. The agreements follow a series of pacts between Asia- based battery companies and global carmakers, who are planning a $300...
SEOUL/ BEIJING, May 15- Swedish carmaker Volvo said on Wednesday it had signed long-term battery supply deals with two Asian battery makers, LG Chem and Contemporary Amperex Technology Co Ltd, as it pushes its electrification strategy. Volvo, owned by China's Geely, is launching EV models under Volvo and its sub-brand Polestar as it takes on global peers...
South Korea in April imported 1.45 million tonnes of crude oil from Iran, or 353,223 barrels per day, compared to 1.24 million tonnes a year earlier, according to customs data. South Korea was granted six-month waivers from the United States in November to buy oil from Iran, mostly condensate, or an ultra-light form of crude oil. However, Washington said in April...
*U.S.- China trade talks continue this week. The trade dispute between the world's two biggest economies and a sharp drop in global equity markets has hit oil prices, outweighing geopolitical tensions and supply cuts that have lowered global supplies from Latin America, Africa and the Middle East. Brent settled 2 cents higher at $70.39 a barrel, rebounding from...
*U.S.- China trade talks continue this week. HOUSTON, May 9- Oil prices fell on Thursday as investors worried the United States and China could fail to reach a trade deal ahead of a Friday deadline, resulting in higher U.S. tariffs on Chinese imports that could hit economic growth and crimp crude demand. U.S. sanctions on Venezuela and Iran, and threats to oil supplies...
*U.S.- China trade talks continue this week. LONDON, May 9- Oil prices steadied on Thursday as an escalating trade battle between the United States and China counteracted upward pressure from a surprise decline in U.S. crude inventories. Brent crude oil futures were at $70.39 a barrel by 1030 GMT, up 2 cents from their previous settlement but still heading for...
*U.S.- China trade talks continue this week. LONDON, May 9- Oil prices fell on Thursday as an escalating trade battle between the United States and China outweighed upward pressure from a surprise decline in U.S. inventories of crude. "Concerns over the ongoing trade dispute between the United States and China weighed on markets," RBC's Al Stanton said in a note.
TOKYO/ SEOUL, May 9- Oil prices dropped on Thursday amid concerns over the escalating trade battle between the United States and China, despite a surprise fall in U.S. crude stockpiles. It is going to be all about whether the trade talks today can stop Friday's tariff-geddon, "said Jeffrey Halley, senior market analyst at OANDA in Singapore. President Donald Trump...
Defense Secretary Patrick Shanahan told a congressional hearing on Wednesday that North Korea launched "rockets and missiles", the first time the Pentagon has detailed what it believes Pyongyang fired. It came in the wake of talks with the United States and South Korea stalling in February, and raised alarms in both countries, which have been seeking to...
Defense Secretary Patrick Shanahan told a congressional hearing on Wednesday that North Korea launched "rockets and missiles", the first time the Pentagon has detailed what it believes Pyongyang fired. Saturday's drill was the first test of a ballistic missile by North Korea since it launched a long-range intercontinental ballistic missile in November...
Saturday's drill was the first test of a ballistic missile by North Korea since it launched a long-range intercontinental ballistic missile in November 2017. It came in the wake of talks with the United States and South Korea stalling in February, and raised alarms in both countries, which have been seeking to entice the North into abandoning its nuclear...
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