Asian stocks pause amid worries over growth and trade

Asian stocks took a breather on Wednesday, with mounting signs of slowing global growth and concerns over a yet-unresolved Sino-U.S. trade dispute putting the brakes on investor appetite for risk assets.

U.S. will seek extradition of Huawei CFO from Canada

The U.S. Justice Department said on Tuesday it will pursue the extradition of the chief financial officer of China’s Huawei Technologies Co Ltd’s, arrested in Canada in December.

Asian shares dip, worries over growth and trade sour mood

Asian stocks edged down on Wednesday on mounting signs of slowing global growth and anxiety over a yet-unresolved Sino-U.S. trade dispute.

Google spends big on U.S. lobbying amid antitrust, bias battles

Alphabet Inc’s Google disclosed on Tuesday that it spent a company-record $21.2 million on lobbying the United States government in 2018, topping its previous high of $18.22 million in 2012, as the search engine operator fights wide-ranging scrutiny into its practices.

BAE Systems wins $474 million U.S. defense contract: Pentagon

BAE Systems PLC has been awarded a $474 million U.S. defense contract for technical and maintenance support for the M109 family of vehicles, the Pentagon said on Tuesday.

Wall Street ends four-day rally as economic outlook, corporate forecasts sour

Wall Street ended its four-day rally on Tuesday as a gloomy global economic growth outlook and disappointing company forecasts dampened investor spirits at the height of fourth-quarter reporting season.

Johnson & Johnson, U.S. states settle hip implant claims for $120 million

Johnson & Johnson and its DePuy Orthopaedics unit have agreed to pay $120 million to resolve deceptive marketing claims by several U.S. states over the company’s metal-on-metal hip implants.

Saudi Aramco eyes multi-billion-dollar U.S. gas acquisitions: CEO

Saudi Aramco, the world’s top oil producer, is looking to acquire natural gas assets in the United States and is willing to spend “billions of dollars” there as it aims to become a global gas player, the company’s CEO said on Tuesday.