Business

(Reuters) – More than 100 public health and anti-tobacco organizations are calling on Facebook Inc, Instagram, Twitter and Snap Inc to take “swift action” to curb advertising of tobacco products on their platforms. FILE PHOTO; Ayame Tachibana, a 27 year old Japanese model who is marketing a new cigarette alternative from Philip Morris International, shows
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FILE PHOTO: A Lowe’s home improvement store is seen in Alexandria, Virginia August 17, 2009. REUTERS/Jim Young/File Photo (Reuters) – Home improvement chain Lowe’s Cos Inc cut its full-year profit forecast on Wednesday, as higher costs dented margins in the first quarter. Lowe’s now expects 2019 earnings of $5.54 to $5.74 per share, down from
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FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil, Aug. 14, 2018. REUTERS/Paulo Whitaker/File Photo BEIJING (Reuters) – China’s three biggest airlines have requested compensation from U.S. planemaker Boeing Co for losses incurred by the grounding and delayed deliveries
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TOKYO/SINGAPORE (Reuters) – Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced. FILE PHOTO: Storage tanks are seen at Ecopetrol’s Castilla oil rig platform, in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez/File Photo However, analysts said oil markets
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TOKYO (Reuters) – Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about trade frictions between the world’s two largest economies. FILE PHOTO: Pedestrians walk past a stock quotation board displaying stock prices outside a brokerage, in Tokyo
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SHANGHAI (Reuters) – Shenzhen-listed shares in Chinese video surveillance firm Hikvision Digital Technology Co Ltd opened 10% lower on Wednesday after reports that the U.S. may blacklist the firm. The New York Times reported Tuesday that the Trump administration is considering limits to Hikvision’s ability to buy American technology. Reporting by Andrew Galbraith; Editing by
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WASHINGTON (Reuters) – Chinese Ambassador to the United States Cui Tiankai said on Tuesday that Beijing was ready to resume trade talks with Washington, but blamed the U.S. side for frequently “changing its mind” on tentative deals to end U.S.-China trade disputes. FILE PHOTO: China’s ambassador to the United States Cui Tiankai responds to reporters
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BEIJING (Reuters) – Foreign investors remained enthusiastic about China, the foreign ministry said on Tuesday, following U.S. President Donald Trump’s claim that his tariffs are causing companies to move production away from the world’s second largest economy. A labourer works outside a logistics center near Tianjin Port, in northern China, May 16, 2019. REUTERS/Jason Lee
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Abraham Liu, Huawei Chief Representative to the EU Institutions and Vice-President European Region speaks at a news conference at the Huawei European Cybersecurity Center in Brussels, Belgium, May 21, 2019. REUTERS/Francois Lenoir BRUSSELS (Reuters) – Chinese telecoms equipment maker Huawei called itself the victim of U.S. “bullying” on Tuesday and said it was working with
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