EU News Digest Latest News & Updates
Clodagh Kilcoyne | Reuters Britain’s Prime Minister Theresa May makes a statement following winning a confidence vote, after Parliament rejected her Brexit deal, outside 10 Downing Street in London, Britain, January 16, 2019. U.K. Prime Minister Theresa May has insisted to the British Parliament that her government still plans to …
Read More »Monthly Archives: February 2019
Seaport says GM is a leader in China, trucks and autonomous cars
Matthew Busch | Bloomberg | Getty Images Chevrolet Tahoe sports utility vehicles (SUV) wait for final inspection before being driven off the production line at the General Motors Co. (GM) assembly plant in Arlington, Texas. Seaport Global initiated coverage on General Motors Wednesday as a buy with a price target …
Read More »Pentagon warns of ‘weaponization of space’ by China and Russia: Report
The U.S. Defense Intelligence Agency (DIA) this week made an extensive report public about military expansion in space, especially focusing on the increasing “weaponization of space” by China and Russia. DIA, which acts as the Pentagon’s top intelligence arm, explains in detail “key counterspace concepts” in the report, including: Cyberspace …
Read More »US wants automatic tariffs to keep China in line with any trade deal
Kevin Lemarque | CNBC President Donald Trump, U.S. President Donald Trump’s national security adviser John Bolton, U.S. Treasury Secretary Steven Mnuchin attend a working dinner with Chinese President Xi Jinping after the G20 leaders summit in Buenos Aires, Argentina December 1, 2018. The trade deal U.S. negotiators are seeking will …
Read More »Levi Strauss files for IPO
Sean Gallup | Getty Images In this photo illustration Levi’s 501 blue jeans by U.S. clothing manufacturer Levi Strauss are seen on March 8, 2018 in Berlin, Germany. U.S. President Donald Trump has promised to sign into law tariffs on imported steel and aluminum today and the European Commission has …
Read More »‘It should open the door to 2,800 now’
Technical analysts say more bullish signs for stocks are showing up in the charts. The S&P 500, for one, closed above a key technical level Tuesday, when it finished above its 200-day moving average for the first time since Dec. 3. The S&P rose 1.3 percent Tuesday to 2,744, one …
Read More »The next Tesla may be target of GM and Amazon, Morgan Stanley says
Bloomberg | Bloomberg | Getty Images RJ Scaringe, founder and chief executive officer of Rivian Automotive, speaks after unveiling the R1S electric sports utility vehicle (SUV). The Amazon and GM deal would value Rivian between $1 billion and $2 billion, according to Reuters on Tuesday. Morgan Stanley believes Amazon’s involvement …
Read More »Last fatal US airline crash was a decade ago. Here’s what’s changed
David Duprey | AP A plane burns after it crashed into a house in Clarence Center, N.Y., Thursday, Feb. 12, 2009. Ten years ago this week, Continental Flight 3407 crashed into a house, killing all 49 people aboard and one person on the ground as the plane was arriving in …
Read More »Xi will reportedly meet with Mnuchin, Lighthizer as US and China try to strike a trade deal
Mauricio Valenzuela | picture alliance | Getty Images China’s President Xi Jinping stands at the Cocoli locks in the Panama Canal. China’s head of state and party Xi Jinping was the first president of the People’s Republic of Panama to visit. Chinese President Xi Jinping will meet with Treasury Secretary …
Read More »Huawei ads in New Zealand newspapers say 5G ban will hit customers
Alvin Chan, SOPA Images | LightRocket | Getty Images The logo of Huawei is seen in a smartphone. Huawei has taken out full-page commercials in New Zealand newspapers that compare banning the company from 5G networks to the sport of rugby without the country’s famous team. “5G without Huawei is …
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