Bonds issued by Walmart to fund its acquisition of Indian e-commerce company Flipkart contain controversial provisions that could be used to withhold compensation to investors if the deal is delayed, the Financial Times reports.
Consumer goods account for just 1 percent of items on the June 15 lists from the Office of the U.S. Trade Representative, down from 12 percent on the April 3 list, according to a report from the Peterson Institute for International Economics.
HONG KONG (Reuters) - Chinese smartphone maker Xiaomi Corp said on Saturday there is no time frame for a mainland share offering, casting doubt on Beijing's efforts to lure foreign-listed Chinese tech giants back home.
SAN FRANCISCO (Reuters) - An overhauled telecommunications sector featuring most of the so-called FANG stocks could debut as Wall Street's hottest bet when it kicks off in September, boosted by a rising wave of media and television acquisitions.
(Reuters) - ZTE Corp is expected to deposit $400 million in an escrow account in a U.S. bank in the "next couple of days," the last step the Chinese company must take before a ban on U.S. suppliers can be lifted, a U.S. Department of Commerce official told Reuters on Friday.
The European Union on Friday began imposing tariffs on about $3.4 billion of U.S. products, ranging from industrial goods to consumer items and agricultural products. The move came in response to President Donald Trump's recent tariffs on imported steel and aluminum.
The Security and Exchange Commission reportedly is investigating whether companies rounded up their quarterly earnings per share to make financial results look better. The probe comes after a study found possible evidence of the phenomenon dubbed quadrophobia.