International News
UK unions urge investors to press Amazon on staff working conditions
UK trade unions are lobbying investors to pressure Amazon into improving the working conditions for its warehouse staff who must endure targets that can even lead to physical injury.
Tesla shares falls to two-and-a-half year low after target price cut
Tesla shares fell Monday after an analyst Wedbush analyst Dan Ives cut the price target on the stock to $230 from $275.
Ford plans to cut 7,000 jobs amid global sales slowdown
Ford plans to eliminate around 10% of its global workforce or 7,000 jobs as it tries to keep up with changes in the auto industry amid a slump in global sales.
US open: Stocks head south following Washington's blacklisting of Huawei
US equities opened lower on Monday, with market participants concerned about the potential repercussions of the White House's crackdown on Chinese telecommunications giant Huawei.
Sprint surges as FCC chairman recommends approval of T-Mobile merger
Shares in Sprint Corp surged on Monday after US Federal Communications Commission chairman Ajit Pai said he would recommend approval of its $26. 5bn merger with T-Mobile.
Lumentum cuts outlook as it becomes latest company to halt Huawei shipments
Lumentum has ceased shipments to Huawei, the Chinese telecoms giant, forcing the US technology company to slash its quarterly outlook.
US pre-open: Futures point to losses at the bell after White House blacklists Huawei
Wall Street futures pointed to losses at the bell on Monday, with market participants concerned about the potential repercussions of the White House's crackdown on Chinese telecommunications giant Huawei.
Dish serves up $800m deal with EchoStar
American satellite TV broadcaster DISH Network has acquired a swathe of assets from EchoStar in a deal worth $800m.
Asia report: Markets mixed as investors struggle for direction in trade war
Markets in Asia were mixed as investors sifted through a tsunami of geopolitical developments, amid concerns for Huawei’s consumer operations as its license for the official version of the Android operating system was revoked by Google.
Trump threatens to 'end Iran' as tensions escalate
Trump warned Iran to stop threatening the US and not to contemplate instigating a conflict or it would “end” the Islamic Republic.
Google to curtail Huawei's Android access after US blacklisting
Google has restricted mobile phone giant Huawei from some features of its Android operating system following the Trump administration's blacklisting of the Chinese outfit.
Ryanair posts smallest annual profit in four years, says it has "zero" 2H visibility
Ryanair, Europe' largest airline, posted its weakest annual profit for four years at the start of the week and warned that overcapacity, Brexit and delays in taking deliveries of the Boeing 737 MAX might weigh on earnings further still this year.