Pentagon expected to back additional Huawei restrictions - source

The Pentagon is likely to back new U.S. restrictions on Huawei Technologies [HWT.UL], reversing earlier opposition to a proposal meant to further crack down on exports to the blacklisted Chinese company, a person briefed on the matter told Reuters on Wednesday. from...

Delivery Hero to buy 8.4 million additional shares of Just Eat Takeaway.com

Germany-based food delivery group Delivery Hero SE said on Wednesday it will buy 8.4 million additional shares of Just Eat Takeaway.com by entering into a forward share purchase agreement. from Reuters: Money Ne...

World wary of coronavirus even as cases drop; Chinese drug trial results weeks away

China reported on Wednesday its lowest number of new coronavirus cases in two weeks, bolstering a forecast by Beijing's senior medical adviser for the outbreak there to end by April, but World Health Organization officials warned it could still "go in any direction". ...

Hyundai bet big on China. Now coronavirus is twisting its supply chain

South Korean car giant Hyundai Motor has increasingly relied on China to supply auto parts to its manufacturing hub at home in recent years. As the coronavirus spreads, its strategy could be backfiring. from Reuters: Money Ne...

Uber sees profit by end of 2020, but still expects full-year loss

Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion (£774 million) this year. from Reuters: Money...

Pinterest shares surge as revenue, user adds beat estimates

Image sharing company Pinterest Inc beat analysts' estimates for fourth-quarter revenue and profit on Thursday, as efforts to improve user interaction and expand globally paid off, sending its shares surging 17% in extended trading. from Reuters: Money Ne...