Wednesday 18 November 2020

Defense probes Canada border official on law enforcement role in Huawei CFO's U.S. extradition case

Defense probes Canada border official on law enforcement role in Huawei CFO's U.S. extradition case

Lawyers for Huawei Chief Financial Officer Meng Wanzhou probed a Canadian border official in court on Wednesday about his agency's communications with U.S. and Canadian authorities ahead of Meng's arrest two years ago.

U.S. lifts Boeing 737 MAX flight ban after crash probes, tough hurdles remain

The United States lifted a 20-month-old flight ban on Boeing Co's 737 MAX on Wednesday, easing a safety crisis that left its top exporter with a tarnished reputation and hundreds of idle jets. But relatives of crash victims denounced the move.

Pfizer-BioNTech vaccine deliveries could start 'before Christmas'

Pfizer Inc and BioNTech could secure emergency U.S. and European authorization for their COVID-19 vaccine next month after final trial results showed it had a 95% success rate and no serious side effects, the drugmakers said on Wednesday.

BioNTech says vaccine approval possible in mid-December under ideal conditions

U.S. and European regulators could approve Pfizer and BioNTech's experimental COVID-19 vaccine as early as mid-December, the German firm's chief executive said on Wednesday, following the release of positive trial results.

Infineon insulated from U.S.-China tensions: CEO

German chipmaker Infineon Technologies is relatively well insulated from geopolitical tensions between the United States and China thanks to its focus on power-management chips, CEO Reinhard Ploss said on Wednesday.

Apple, U.S. states reach $113 million settlement on iPhone throttling

Apple Inc will pay $113 million to settle allegations from 33 U.S. states and the District of Columbia that it slowed down iPhones to mask battery issues and get users to purchase new devices, state officials announced on Wednesday.

Wall Street oscillates as vaccine hopes wrestle with shutdown threats

Wall Street see-sawed on Wednesday, with economically-sensitive sectors outperforming as investors weighed heartening vaccine development progress against surging COVID-19 infections.

U.S.-China relations could have fresh start under Biden, insurance veteran Greenberg says

U.S. President-elect Joe Biden has an opportunity to start fresh with China, a move that would benefit both nations, Maurice "Hank" Greenberg, chairman of Starr Insurance Companies, told Reuters on Wednesday.

Uber looks to partner with other self-driving companies -CEO

Uber Technologies Inc's self-driving unit is looking to partner with other companies working on autonomous driving, the company's chief executive officer said on Wednesday.

Exclusive: U.S. investigators were told to take 'no further action' on Caterpillar, ex-client of Barr

Before William Barr became President Donald Trump's choice to lead the U.S. Department of Justice, he represented Caterpillar Inc, a Fortune 100 company, in a federal criminal investigation by the department.

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Global luxury sales set for record fall - Bain

Worldwide sales of luxury goods are set for a record 23% drop this year, according to a closely watched forecast from consultants Bain. Julian Satterthwaite reports.

Nissan: tough to stay in UK without Brexit deal

Any final exit by Britain from the European Union that worsens business conditions through increased tariffs would threaten the sustainability of Nissan's UK operations, the Japanese car maker's chief operating officer has warned. Francis Maguire reports.
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