Wall Street lifted by gains in techs, energy

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Wall Street's main indexes gained for the first time in three sessions on Tuesday, as Apple and chipmakers boosted technology shares, while energy companies rose on the back of higher crude oil ... Suite

Huawei welcomes EU executive’s ‘objective’ approach to 5G

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Chinese telecoms equipment company Huawei said on Tuesday it welcomed the European Commission's "objective and proportionate" approach to the security of future 5G networks. ... Suite

U.S. bond yields, stocks rebound as risk buying returns

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Benchmark U.S. Treasury yields rebounded off of 15-month lows on Tuesday while global stock markets broadly surged after a two-session swoon, as risk appetite improved after worries of an economic ... Suite

EU demands scrutiny of 5G risks but no bloc-wide Huawei ban

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EU nations will be required to share data on 5G cybersecurity risks and produce measures to tackle them by the end of the year, the European Commission said on Tuesday, shunning U.S. calls to ban ... Suite

Wall Street moves higher on tech, financials boost

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Wall Street's main indexes rose on Tuesday, supported by gains in technology and financial stocks, looking to rebound from declines in the previous two sessions driven by global growth worries. ... Suite

Huawei presents flagship smartphone in Paris during Chinese leader’s visit

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Huawei, the world's third-largest smartphone maker, presented its new flagship phone in Paris on Tuesday with the hope of making further gains in Europe, a region where its other products could face ... Suite

OxyContin maker Purdue reaches $270 million settlement in Oklahoma opioid case: source

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OxyContin maker Purdue Pharma LP and members of the wealthy Sackler family that own the company have reached a $270 million settlement to resolve a lawsuit by the state of Oklahoma accusing Purdue of ... Suite

Boost for Paris’s Champs Elysees as Galeries Lafayette opens ‘concept’ store

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High-end French department store Galeries Lafayette will open a new outlet on Paris's Champs Elysees this week, aiming to lure big-spending tourists and trendy Parisians back to the tree-lined avenue ... Suite

Thomas Cook to review money division in latest revamp

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Thomas Cook announced a review of its money division on Tuesday, in its latest step to streamline operations and focus on its core holiday business after a rough 2018 prompted profit warnings. ... Suite

Merck KGaA goes hostile in $5.9 billion Versum takeover battle

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German pharma group Merck KGaA launched a hostile $5.9 billion all-cash takeover offer for Versum Materials on Tuesday to boost its presence in the semiconductor materials market and sideline a ... Suite