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Huawei CEO Ren Zhengfei puts out "fight" strategy amid US pressure

Ren Zhengfei, Founder and CEO of Huawei Technologies Co., speaks during an interview at the company's headquarters in Shenzhen, China, Tuesday, January 15, 2019. Qilai Shen | Bloomberg | Getty Images Huawei is facing a "life or death crisis" amid continued pressure from the US government, its founder and CEO told employees as he laid out a strategy for the …

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Possible outbreak-related Listeria pollution found by Canada in nearly 68 tonnes of Georgia poultry products

Tip Top Poultry, Inc., in Rockmart, GA. has recalled approximately 135,810 pounds of fully cooked poultry products that may be forged with Listeria monocytogenes according to the US Department of Agriculture's Food Safety and Inspection Service (FSIS). The error was discovered on August 17, 2019, when the Canadian Food Inspection Agency (CFIA) notified FSIS that a sample of the product …

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Asian market latest: Asian markets float lower as all eyes turn to Fed

Asian stocks were largely lower by early Wednesday, taking the lead from overnight falls in the United States. In the absence of further development of the US-China trade war, investors appear to be shifting focus to what Federal Reserve Chairman Jerome Powell wants to say Friday at a financial meeting in Jackson Hole, Wyoming. Japan's Nikkei ( N225 ) drops …

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Alibaba is said to have postponed a listing in Hong Kong amid protests

Attendees pass an Alibaba.com show at CES 2019 in Las Vegas. David Becker | Getty Images China's largest e-commerce company Alibaba Group has delayed listing up to $ 15 billion in Hong Kong amid growing political turmoil in the Asian financial center, two people with knowledge of the matter told Reuters. Alibaba held a board meeting before the last quarterly …

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How much crude oil has the world really consumed?

The Energy Information Administration (EIA) estimates that the world consumed 96.92 million barrels per day in 2016, with the top ten consumers accounting for 60 percent of total consumption. There are almost 100 million barrels per day. At today's average oil price of $ 60 per barrel for Brent crude, $ 5.8 billion is consumed. Each. Day. The top three …

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