Huawei leads Asian domination of U.N. patent applications in 2018

Huawei leads Asian domination of U.N. patent applications in 2018
GENEVA (Reuters) – Chinese telecoms giant Huawei led the pack with Asia accounting for more than half of the international patent applications at the World Intellectual Property Organization (WIPO) last year, WIPO said on Tuesday. A Huawei company logo is seen outside a shopping mall in Shanghai, China March 7, 2019. REUTERS/Aly Song Huawei, which has been under pressure since... Read More

Foxconn says Wisconsin factory production to launch by 2020

Foxconn says Wisconsin factory production to launch by 2020
(Reuters) – Foxconn Technology Group Ltd said on Monday it will complete work on a new factory in Wisconsin to assemble liquid crystal display screens and start production before the end of next year. FILE PHOTO: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company’s building in Taipei, Taiwan, March... Read More

Amazon’s second headquarters clears blocks in Virginia funding vote

Amazon’s second headquarters clears blocks in Virginia funding vote
WASHINGTON (Reuters) – Amazon.com Inc’s planned second headquarters in northern Virginia cleared a key test on Saturday when local officials approved a proposed financial package worth an estimated $51 million amid a small but vocal opposition. Amazon in November picked National Landing, a site jointly owned by Arlington County and the city of Alexandria, just outside Washington, along with New... Read More

Saudi seals six private sector deals worth $3.5 billion, plans many more

Saudi seals six private sector deals worth $3.5 billion, plans many more
LONDON (Reuters) – Saudi Arabia has completed six public-private partnership deals in the past two months worth around $3.5 billion, and plans at least 23 more by 2022 despite some delays in its plan to engage the private sector, the head of its privatization body said. FILE PHOTO – Cars drive past the King Abdullah Financial District in Riyadh, Saudi... Read More

U.S. February job growth weakest in nearly one and a half years

U.S. February job growth weakest in nearly one and a half years
WASHINGTON (Reuters) – U.S. employment growth almost stalled in February, with the economy creating only 20,000 jobs, adding to signs of a sharp slowdown in economic activity in the first quarter. FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston, Massachusetts, U.S., May 1, 2017. REUTERS/Brian Snyder The... Read More

U.S. economy gains paltry 20,000 jobs in February

U.S. economy gains paltry 20,000 jobs in February
WASHINGTON (Reuters) – U.S. job growth almost stalled in February, with the economy creating only 20,000 jobs as construction and retail payrolls dropped, which could raise concerns about a sharp slowdown in economic activity. FILE PHOTO: Job seekers speak with potential employers at a City of Boston Neighborhood Career Fair on May Day in Boston, Massachusetts, U.S., May 1, 2017.... Read More

Wall St. flat as tech gains limited by weakness in consumer discretionary

Wall St. flat as tech gains limited by weakness in consumer discretionary
(Reuters) – U.S. stocks were little changed in choppy trading on Tuesday, as gains in technology sector were offset by losses in shares of consumer discretionary companies including Home Depot and Discovery. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 25, 2019. REUTERS/Brendan McDermid Investors also assessed a mixed set of... Read More

Tech stocks help S&P inch higher, Home Depot weighs on Dow

Tech stocks help S&P inch higher, Home Depot weighs on Dow
(Reuters) – The S&P 500 eked out gains on Tuesday, boosted by technology sector, but losses in consumer discretionary shares including Home Depot and Discovery kept the Dow Industrials and the Nasdaq in check. Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 25, 2019. REUTERS/Brendan McDermid Rising risks and recent soft... Read More