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Tencent says U.S. executive order only affects WeChat, not its other businesses

Tencent’s chief financial officer said on Wednesday that the firm understood that the U.S. executive order was focused on its WeChat app in the United States and not on its

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Saudi Aramco plans further spending cuts to pay for dividend

Saudi Aramco plans to cut its capital spending to a range of $20 billion to $25 billion this year to pay a $75 billion dividend it pledged to investors during

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Tesla woos retail investors with stock split, shares rise

Wall Street analysts praised Tesla Inc’s (TSLA.O) move to split its richly valued stock into smaller chunks, saying it had the potential to extend a 200% rally in its shares

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UK bank NatWest cuts more than 500 jobs, closes north London office

Britain’s NatWest NWG.L is cutting at least 500 jobs across its retail business and closing one of its remaining offices in London as banks press on with cost-cutting in the

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Pompeo says tide is turning against untrusted 5G networks

There is growing understanding among many countries that security issues must be taken into account when developing new-generation 5G communication networks, U.S. Secretary of State Mike Pompeo said on Wednesday.

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Brazil can live with record debt, deficits despite the noise

Brazil is amassing a record debt that has evoked memories of crises past in South America’s largest economy, but some economists say rock-bottom interest rates and low foreign debt mean

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U.S. companies should consider slavery reparations, Vista Equity CEO says

The COVID-19 pandemic has hit Black Americans especially hard after decades of social and economic injustices, but it also presents an opportunity for systemic change, said financier Robert Smith, the

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