Deutsche Bank axes whole teams in Asia-Pacific as 18,000 global job cuts begin

Deutsche Bank AG (DBKGn.DE) eliminated whole teams at its Asian operations on Monday, as the German…

U.S. asks federal court to throw out Huawei lawsuit

The U.S. government recorded a movement on Wednesday requesting the expulsion of a claim by Chinese…

Boeing sees fix for latest 737 MAX software flaw in September

(Reuters) Boeing Co (BA.N) will take until at least September to fix a newly identified problem…

Fed pushes back on aggressive U.S. rate cut views

Central bank authorities on Tuesday pushed back on market desires and presidential weight for the national…

WarnerMedia names Ann Sarnoff as CEO of Warner Bros

WarnerMedia on Monday said it designated Ann Sarnoff as the CEO of Warner Bros, the principal…

FedEx apologizes for returning Huawei phone, reigniting Chinese ire

FedEx Corp has apologized for restoring a bundle which the sender said contained a Huawei cell…

US blacklists 5 Chinese groups working in supercomputing

The United States is boycotting five Chinese associations engaged with supercomputing with military-related applications, refering to…

LG Electronics, regulators oppose Qualcomm’s effort to put antitrust ruling on hold

Cell phone producer LG Electronics Inc on Tuesday restricted Qualcomm Inc’s endeavors to put a general…

Swedish gearmaker Ericsson increases 5G forecasts

Sweden’s Ericsson has raised its forecast for 5G subscriptions by 27 percent to 1.9 billion by…

Gap cuts profit forecast after ‘extremely challenging’ quarter; shares slump 11%

(Reuters) – Gap Inc cut its 2019 profit forecast and posted the biggest drop in same-store…