BEIJING/WASHINGTON (Reuters) – The United States is studying how proposed tariff increases on roughly another $300 billion in Chinese imports will affect consumers and is at least a month away from enacting them, U.S. Treasury Secretary Steven Mnuchin said on Wednesday. Washington earlier this month hiked existing tariffs on $200 billion in Chinese goods, prompting […]
(Reuters) – Qualcomm Inc used unlawful, anticompetitive practices to license patents for modems used in mobile phones, a judge has ruled in a case brought by the U.S. trade regulator, ordering it to renegotiate major deals and change how it does business. Shares of the company, which have soared since it settled a major and […]
BRITISH Prime Minister Theresa May has urged Labour leader Jeremy Corbyn to compromise and back her Brexit deal after the proposals received a hostile response from critics on her own side. Mrs May’s deal, which opens up the possibility of a second referendum, was described as “dead on arrival”, with the prospect of a larger […]
Drinks group C&C has said that bulmers had an “excellent” year in Ireland, returning to volume growth 1.6pc and revenue growth 2.9pc in the 12 months to 28 February. The performance was helped by the good summer and the World Cup in the first half of the year. Meanwhile its craft brewery, Five Lamps, saw […]
LONDON (Reuters) – Huawei put uncertainty over the future of its devices business to one side on Tuesday with the launch of new Honor smartphones, in a confident display of the Chinese firm’s technology. The world’s second-biggest phone maker runs its devices on Google’s Android platform outside China, but the U.S. Commerce Department blocked Huawei […]
(Reuters) – Home Depot Inc on Tuesday blamed wet weather in February and a slump in lumber prices for its slowest growth in quarterly same-store sales in at least three years, while warning of a $1 billion impact from new tariffs on Chinese imports. Bad weather along with land and labor shortages have constrained builders’ […]
(Reuters) – The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight. San Diego-based startup TuSimple said its self-driving trucks will begin hauling mail between USPS facilities in Phoenix and Dallas to […]
Dublin-based UDG Heathcare has spent $106m (€95m) on two acquisitions in its Ashfield communications and advisory business. This comes as the group’s revenue grew 6pc in the six months to 31 March. Putnam Associates, a US-based strategic management healthcare consultancy, is being acquired for a total consideration of up to $88.6m (€79m). Meanwhile Incisive Health, […]
SINGAPORE – Validus Capital, a peer-to-peer lending platform for small and medium-sized enterprises (SMEs), has appointed Sonal Jain as chief data officer and Arvind Rao as chief technology officer, as it prepares for further expansion in South-east Asia. The firm also appointed Vincentius Ivan as head of technology and innovation at Batumbu, its Indonesian arm. […]
RYANAIR is in talks with Boeing regarding potential compensation after the grounding of 737 Max jets around the world, according to CEO Michael O’Leary. But he declined to say how much the carrier could seek from the aircraft maker. Please log in or register with Independent.ie for free access to this article. Log In New […]