Tech stocks tumble as China retaliates in latest salvo of the trade war

Tech stocks tumble as China retaliates in latest salvo of the trade war

Shares of technology companies were hit hard as China retaliated against the U.S. in the latest salvo of the ongoing trade war between the two countries. The S&P 500 Index shed roughly $1.1 trillion of value while the Dow Jones Industrial Average and the …
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Vodafone NZ sale: Competition lawyer raises possible snag in $3.4b deal

Veteran regulatory lawyer Michael Wigley doubts the pending Infratil-Brookfield purchase of Vodafone’s NZ operation for $3.4 billion will encounter any Commerce Act issues. Vodafone has had its share of regulatory grief. It was the Commerce Commission’s …
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Bitcoin tops $8000 as it hits highest since July 2018

NEW YORK (Reuters) – Bitcoin surged to more than $8,000 late on Monday, its highest level since July last year, as the cryptocurrency’s rally gained further momentum. There is no real fundamental explanation as to why bitcoin, the original cryptocurrency, …
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Boeing Drops to 4-Month Low as China Tweet Hints at Lost Sales

Hu Xijin, editor-in-chief of the Global Times, which is published by the Communist Party's People's Daily, later told Bloomberg the tweet was his
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Metro Bank cuts ties with design firm owned by founder's wife

Metro Bank has severed links with the architecture firm owned by the wife of its chairman amid criticism over £25m worth of payments made by the lender to the business. The move came as the challenger bank, which clinched a £375m fundraising this week, …
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