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Panasonic Joins Firms Stepping away from Huawei after US Ban

Japan's Panasonic on Thursday said it would stop supplying some components to Huawei, joining a growing list of firms distancing themselves from the Chinese telecoms giant after a US ban over security concerns.

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China Has More Weapons in US Tariff War _ But Do they Work?

Looking for ways to hit back at Washington as a tariff fight escalates, President Xi Jinping and his economy czar visited a Chinese factory that processes rare earths — exotic minerals used in electric cars, mobile phones and other technology.

Rare earths are "an important strategic resource," the official Xinhua News Agency cited Xi as saying.

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US Aviation Regulator Says Boeing Hasn't Submitted 737 MAX Fix

The US's aviation regulator has still not received Boeing's proposed fix for its 737 MAX aircraft, which have been grounded globally following two deadly crashes, the agency's chief said on Wednesday.

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China Bemoans US 'Bullying' of Huawei

China's foreign minister has slammed US moves against telecom giant Huawei as "economic bullying", and warned that Beijing was ready to "fight to the very end" in its trade war with Washington.

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In Coal Phase-Out, Germany Pledges Billions to Mining Regions

As Germany plans to shutter its coal sector, the government pledged Wednesday to pour 40 billion euros ($45 billion) into mining regions over the coming years to stimulate growth and jobs.

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Bulgaria and Greece Break Ground on Long-Delayed Gas Pipeline

Bulgaria and Greece on Wednesday launched construction of a long-delayed pipeline to link their gas networks, considered key for weaning Sofia off its heavy energy dependence on Russia.

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U.N. Says Gender Diversity Good for Businesses and Economies

Companies that improve gender diversity -- especially at the top -- perform better and rake in higher profits, while countries that increase women employment see better economic growth, the U.N. said Wednesday.

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Qualcomm Shares Sink 12% after U.S. Antitrust Ruling

Chip maker Qualcomm saw its shares sink nearly 12 percent in premarket trading Wednesday after a U.S. judge ruled that the company violated antitrust law.

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U.S. McDonald's Hit with Sexual Harassment Complaints

McDonald's workers filed dozens of  new sexual harassment charges against the fast food giant, advocates said Tuesday, escalating a years-long battle for unionization in the U.S. and stronger worker protections. 

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Mexico to Auction Lamborghini, Porsches Seized from Criminals

Mexico announced Tuesday it will auction off scores of luxury cars seized by police, as its austerity-crusading president seeks to send a message in a country where powerful criminals often wield their bling with impunity.

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