December 14, 2018

J&J shares nosedive on report company knew of asbestos in baby powder

Shares of Johnson & Johnson tumbled 12 percent on Friday and were on track to post their biggest percentage drop in more than 16 years, after […]
December 14, 2018

Volkswagen says talks on cooperation with Ford progressing

Volkswagen’s talks with Ford on the two companies cooperating are progressing, though a few details still need to be worked out, the German carmaker said on […]
December 14, 2018

Canada slams China detentions; foreign minister to press Pompeo

Canadian Prime Minister Justin Trudeau on Friday said China’s detention of two men from Canada was unacceptable and expressed concern the economy could suffer as bilateral […]
December 14, 2018

Air Berlin’s administrator sues Etihad for up to 2 billion euros

German airline Air Berlin’s insolvency administrator is suing Abu Dhabi’s Etihad, its former owner, for damages of up 2 billion euros ($2.26 billion), a Berlin court […]
December 14, 2018

China to halt added tariffs on U.S.-made cars in easing of trade tensions

China will temporarily suspend additional 25 percent tariffs on U.S.-made vehicles and auto parts starting Jan. 1, 2019, the finance ministry said on Friday, following a […]
December 14, 2018

Insolvent Air Berlin’s administrator sues Etihad for up 2 billion euros

German airline Air Berlin’s insolvency administrator is suing Abu Dhabi’s Etihad, its former owner, for damages of up 2 billion euros ($2.26 billion), a Berlin court […]
December 14, 2018

Weak economic data send world stocks tumbling

Stocks worldwide tumbled on Friday after weak economic data from China and Europe fanned concerns of a global economic slowdown and left investors fretting over the […]
December 14, 2018

Renault board did not consider replacing Ghosn: interim chairman

Renault’s board did not consider replacing Chief Executive Carlos Ghosn when it met on Thursday, interim chairman Philippe Lagayette said in a statement issued by the […]
December 14, 2018

LVMH splashes out on luxury hotels with $3.2 billion Belmond deal

Luxury goods maker LVMH has agreed to buy Belmond , the owner of hotels including Venice’s landmark Cipriani, for $3.2 billion including debt to increase its […]
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