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Business

Trump says U.S., Chinese teams to restart trade talks ahead of G20

June 18, 2019 - by admin - Leave a Comment

WASHINGTON (Reuters) – China and the United States are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with hope …

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Business

Airbus Helicopters sees 18-month wait for oil & gas demand pick-up

June 18, 2019 - by admin - Leave a Comment

Visitors look at an Airbus Helicopter H145 on static display during the 53rd International Paris Air Show at Le Bourget Airport near Paris, France, June 18, 2019. REUTERS/Pascal Rossignol PARIS …

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Business

Air Lease signs long-term lease placements for four Airbus jets

June 18, 2019 - by admin - Leave a Comment

FILE PHOTO: An Airbus A320neo aircraft is pictured during a news conference to announce a partnership between Airbus and Bombardier on the C Series aircraft programme, in Colomiers near Toulouse, …

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Business

Bah humbug! Trump’s plan for more China tariffs to hit festive shoppers

June 17, 2019 - by admin - Leave a Comment

WASHINGTON/NEW YORK (Reuters) – This year’s holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports – because …

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Business

U.S. businesses beg to be left off Trump’s tariff list

June 17, 2019 - by admin - Leave a Comment

(Reuters) – Hundreds of U.S. businesses from local bridal shops to multi-billion dollar retailers have submitted comments to the U.S. Trade Representative’s Office opposing President Donald Trump’s plan to slap …

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Business

Exclusive: Banks face new challenges in Italian diamond scandal

June 17, 2019 - by admin - Leave a Comment

MILAN (Reuters) – (Please note strong language in paragraph 38.) FILE PHOTO: A high-quality diamond is seen in a jewellery shop in Milan, October 18, 2016. REUTERS/Stefano Rellandini A long-running …

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Business

Goldman Sachs combining its private-investing units: WSJ

June 16, 2019 - by admin - Leave a Comment

FILE PHOTO: The Goldman Sachs company logo is seen in the company’s space on the floor of the New York Stock Exchange, (NYSE) in New York, U.S., April 17, 2018. …

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Business

Boeing crisis, trade tensions cast pall over air show

June 16, 2019 - by admin - Leave a Comment

PARIS (Reuters) – Safety concerns, trade wars and growing security tensions in the Gulf are dampening spirits at the world’s largest planemakers as they arrive at this week’s Paris Airshow …

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Business

India to impose retaliatory tariffs on 28 U.S. goods from Sunday

June 16, 2019 - by admin - Leave a Comment

NEW DELHI (Reuters) – India will impose higher retaliatory tariffs on 28 U.S. products including almonds, apples and walnuts from Sunday, following Washington’s withdrawal of key trade privileges for New …

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Business

Target hit by nationwide payment outage

June 15, 2019 - by admin - Leave a Comment

Customers wait at a Target store after a computer glitch prevented customers from checking out, in Plymouth Meeting, Pennsylvania, U.S., June 15, 2019. REUTERS/Lauren Young (Reuters) – Target Corp on …

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Business

NATO faces big bill if it does not pick AWACS successor soon: officials

June 15, 2019 - by admin - Leave a Comment

PARIS (Reuters) – NATO faces significant costs if it does not act soon to choose a successor for its ageing fleet of 14 Boeing E-3A Airborne Warning & Control System …

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Business

Court grants American Airlines’ request to end ‘devastating’ slowdown by unions

June 15, 2019 - by admin - Leave a Comment

FILE PHOTO: American Airlines Boeing 737 MAX jets sit parked at a facility in Tulsa, Oklahoma, U.S., May 10, 2019. Photo taken May 10, 2019. American Airlines/Handout via REUTERS (Reuters) …

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Business

VW’s Tennessee workers vote against union representation

June 15, 2019 - by admin - Leave a Comment

CHATTANOOGA, Tenn. (Reuters) – Workers at Volkswagen AG’s assembly plant in the state of Tennessee narrowly voted against union representation, dealing a fresh blow to the United Auto Workers’ (UAW) …

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Business

Nissan considers giving Renault some seats on oversight committees: Kyodo

June 15, 2019 - by admin - Leave a Comment

FILE PHOTO : The Nissan logo is seen at Nissan Motor Co.’s global headquarters building in Yokohama, Japan, December 17, 2018. REUTERS/Kim Kyung-Hoon/File Photo TOKYO (Reuters) – Nissan Motor Co …

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Business

All eyes on Fed as stock market pines for rate cut

June 15, 2019 - by admin - Leave a Comment

NEW YORK (Reuters) – The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the …

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Business

Papa John’s dismisses KPMG as its auditor, hires EY

June 15, 2019 - by admin - Leave a Comment

FILE PHOTO: The Papa John’s store in Westminster, Colorado, U.S. August 1, 2017. REUTERS/Rick Wilking (Reuters) – Papa John’s International Inc said on Friday it dismissed KPMG LLP as its …

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Business

U.S. to launch public hearings on additional China tariffs next week

June 14, 2019 - by admin - Leave a Comment

FILE PHOTO: Workers load goods for export onto a crane at a port in Lianyungang, Jiangsu province, China June 7, 2019. Picture taken June 7, 2019. REUTERS/Stringer WASHINGTON (Reuters) – …

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Business

Apollo in talks to finance Dish Network bid for T-Mobile, Sprint assets – sources

June 14, 2019 - by admin - Leave a Comment

(Reuters) – Private equity group Apollo Global Management is in talks with satellite TV provider Dish Network to finance a bid for wireless assets that will be divested in the …

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Business

U.S. Justice Department set to decide on T-Mobile, Sprint merger as soon as next week: source

June 14, 2019 - by admin - Leave a Comment

WASHINGTON (Reuters) – The U.S. Justice Department is set to decide as early as next week whether to approve the $26.5-billion merger of wireless carriers T-Mobile USA and Sprint Corp, …

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Business

British Steel goes into liquidation after failing to secure loan

May 22, 2019 - by admin - Leave a Comment

LONDON (Reuters) – British Steel, the country’s second largest steel producer, has collapsed after failing to secure emergency government funding, jeopardising some 25,000 jobs, Britain’s Official Receiver said on Wednesday. …

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Business

Asia stocks fragile as trade anxiety overshadows Huawei reprieve

May 22, 2019 - by admin - Leave a Comment

TOKYO (Reuters) – Asian stocks were on shaky ground on Wednesday, as earlier relief over Washington’s temporary relaxation of curbs against China’s Huawei Technologies failed to offset deeper worries about …

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Business

Fed officials see past misses as trouble for any new inflation…

May 21, 2019 - by admin - Leave a Comment

ATLANTA/NEW YORK (Reuters) – The Federal Reserve is discussing whether a better way to get the U.S. economy to hit the central bank’s inflation target is to tolerate much higher …

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Business

U.S. garlic growers profit from trade war as most farmers struggle

May 21, 2019 - by admin - Leave a Comment

GILROY, California (Reuters) – Unlike millions of other U.S. farmers, garlic growers are profiting from the trade war with China and have cheered President Donald Trump’s latest economic attack accordingly. …

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Business

Asian shares near four-month lows on Huawei fallout fears

May 21, 2019 - by admin - Leave a Comment

TOKYO (Reuters) – Asian shares wobbled near four-month lows on Tuesday on mounting worries the White House’s black-listing of Chinese telecom giant Huawei Technologies could further inflame already tense relations …

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Business

Ford Motor Co to cut 10% of white-collar jobs as part of global…

May 20, 2019 - by admin - Leave a Comment

DETROIT (Reuters) – Ford Motor Co said on Monday it will eliminate about 10% of its global salaried workforce, cutting about 7,000 jobs by the end of August as part …

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Business

U.S., China bicker over 'extravagant expectations' on trade deal

May 20, 2019 - by admin - Leave a Comment

BEIJING/WASHINGTON (Reuters) – China accused the United States on Monday of harboring “extravagant expectations” for a trade deal, underlining the gulf between the two sides as U.S. action against China’s …

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Business

Air New Zealand picks Boeing for wide-body jet order: sources

May 20, 2019 - by admin - Leave a Comment

FILE PHOTO: The logo for Air New Zealand is displayed at their office located at Sydney International Airport, Australia, June 20, 2017. REUTERS/David Gray PARIS (Reuters) – Boeing Co has …

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Business

Saudi energy minister recommends driving down oil inventories, says…

May 19, 2019 - by admin - Leave a Comment

JEDDAH, Saudi Arabia (Reuters) – Saudi Energy Minister Khalid al-Falih said on Sunday he recommended “gently” driving oil inventories down at a time of plentiful global supplies and that OPEC …

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Business

Canada vows 'full steam ahead' on ratifying trade pact after U.S….

May 18, 2019 - by admin - Leave a Comment

OTTAWA (Reuters) – Canada will move quickly to ratify the new North American trade pact, Foreign Minister Chrystia Freeland said on Saturday, a day after the United States agreed to …

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Business

China's top diplomat calls for U.S. restraint on trade, Iran

May 18, 2019 - by admin - Leave a Comment

SHANGHAI (Reuters) – China’s senior diplomat Wang Yi told U.S. Secretary of State Mike Pompeo on Saturday that recent U.S. words and actions had harmed the interests of China and …

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