WUZHEN — Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, speaking at the World Internet conference in the eastern Chinese town of Wuzhen. Lei’s remarks come as the company faces intense competition in its home market from rival Huawei Technologies. Last month

WUZHEN — Chinese smartphone maker Xiaomi Corp plans to launch more than 10 5G phones in 2020, CEO Lei Jun said on Sunday, adding that the mobile phone industry was worried 4G models would not sell next year. Lei made the remarks at the World Internet Conference in the eastern Chinese town of Wuzhen, according

MOSCOW — Russia produced more oil in September than envisaged by a global deal due to an increase in gas condensate output as the country prepared for winter, local news agencies reported on Sunday. Russian oil output edged down to 11.25 million barrels per day (bpd) last month from August’s 11.29 million bpd but remained

LONDON — Britain’s opposition Labour Party will try to amend legislation to ratify Prime Minister Boris Johnson’s Brexit deal, the party’s finance spokesman John McDonnell said on Sunday. Johnson has said he will bring forward the legislation in parliament next week after parliament voted on Saturday to withhold approval of the agreement until formal ratification

BEIJING — The Chinese and Australian armies have concluded a joint military training exercise in China’s southern island province of Hainan, the official Xinhua news agency reported on Sunday. The so-called “Panda-Kangaroo 2019” exercise began on Oct. 10 and ended on Saturday, Xinhua said, adding that 10 officers and soldiers from each country’s army participated

FRANKFURT — German flight attendants’ union UFO on Sunday said it would stage an all-day strike at smaller German divisions of airline group Lufthansa in an escalating row over workers’ pay and pensions. The walkout at Lufthansa brands Germanwings, Eurowings, Lufthansa City Line and Sunexpress had initially been scheduled for 0300-0900 GMT but the union

FRANKFURT — German flight attendants’ union UFO on Sunday said it would stage an all-day strike at smaller German divisions of airline group Lufthansa in an escalating row over workers’ pay and pensions. The walkout at Lufthansa brands Germanwings, Eurowings, Lufthansa City Line and Sunexpress had initially been scheduled for 0300-0900 GMT but the union

(Bloomberg Opinion) -- Saudi Arabia should give up trying to manage the global crude market and return to the pump-at-will policy it briefly adopted in 2014 under its longest serving oil minister Ali Al-Naimi.In the mercantilist world in which we now live, where decisions are based on narrow national interest, it makes no sense for the world's lowest-cost oil producer to subsidize shale and prop up other high-cost suppliers.Of course when it does, oil prices will crash just as they did in 1986 when the country finally abandoned fixed official selling prices. And then, in the aftermath, […]

BEIJING — China will launch test flights for the next two space rockets in its Smart Dragon series meant for commercial use in 2020 and 2021, the official Xinhua news agency reported on Sunday, as an expected boom in satellite deployment gathers pace. The release of the flight schedule by China Rocket Co, a unit

It’s another big week for the global financial markets, Corporate earnings, Brexit, trade and economic data in Focus. It’s also Draghi’s last media show…

KUALA LUMPUR — DreamWorks’ animated movie “Abominable” will not be released in Malaysia after its producers declined to meet a censor board requirement to cut a scene showing China’s “nine-dash line” in the South China Sea, the movie distributor said on Sunday. The U-shaped line is used on Chinese maps to illustrate its territorial claims

ABOARD A U.S. MILITARY AIRCRAFT — U.S. Defense Secretary Mark Esper said on Saturday that all of the nearly 1,000 troops withdrawing from northern Syria are expected to move to western Iraq to continue the campaign against Islamic State militants and “to help defend Iraq.” On Thursday, Turkey agreed in talks with U.S. Vice President

Australia's flag carrier Qantas completed on Sunday a nonstop test flight from New York to Sydney, researching how the world's longest potential commercial airplane journey of nearly 20 hours would impact pilots, crew and passengers. Carrying 50 passengers and crew on board, Qantas Flight 7879 on a new Boeing 787-9 Dreamliner touched down in Sydney on Sunday morning after a 16,200-kilometre (10,066-mile) journey which lasted 19 hours 16 minutes. "This is a really historic moment for Qantas, a really historic moment for Australian aviation and a really historic moment for world aviation," […]

(Bloomberg) -- Boeing Co.’s board of directors and top executives from its airplane division and supply chain are scheduled to meet Sunday to discuss 737 Max jets, Reuters reported, citing people it didn’t identify.The meetings prompted speculation within the company that a significant number of jobs may be cut. They come amid the ongoing investigations into the aircraft after two fatal crashes and an increased financial burden following a safety ban of the jet, the report said.Boeing may have to decrease its monthly production if regulators decide to further delay the resumption […]

Several industry sources said there was speculation inside the company of significant job cuts as Boeing, unable to deliver 737 MAX planes to customers, continues to drain cash. The schedule for the board's face-to-face meetings was set for Sunday and Monday in San Antonio, one of the people said, two days before Boeing reports earnings on Oct. 23. The week after, Boeing Chief Executive Officer Dennis Muilenburg - who was stripped of his job as board chairman eight days ago - is due to testify before U.S. Congress about the plane's development.

Boeing Co's board of directors and top executives from its airplanes division and supply chain were due to meet on Sunday in San Antonio, Texas, two days after the U.S. planemaker was plunged into a fresh crisis over its banned 737 MAX jet. Several industry sources said there was speculation inside the company of significant job cuts as Boeing, unable to deliver 737 MAX planes to customers, continues to drain cash. The schedule for the board's face-to-face meetings was set for Sunday and Monday in San Antonio, one of the people said, two days before Boeing reports earnings on Oct. 23.

October is National Breast Cancer Awareness Month and an opportunity for organizations to support those living with the disease. Betsy Nilan, President of the Get in Touch Foundation, joined The Final Round to discuss how her organization is fighting breast cancer through education. 

Nike's iconic Air Force 1 sneakers continue to play a key role in the swoosh brand's success.

Illycaffe's Andrea Illy on why his company thinks now is the time to expand in the U.S. gourmet coffee market.

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...