June 14, 2019

Airbus urges UTC not to be distracted by Raytheon deal

Airbus said on Friday it had urged United Technologies to “keep its eye on the ball” in its role as a commercial aerospace supplier as it […]
June 14, 2019

Broadcom’s $2 billion warning rattles global chip sector

Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with […]
June 14, 2019

Strong U.S. retail sales improve economy’s fortunes

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy […]
June 14, 2019

Wall Street drops as Broadcom warning hits chip stocks

U.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand and Chinese […]
June 14, 2019

All eyes on Fed as stock market pines for rate cut

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 […]
June 14, 2019

Local labor laws apply to Ryanair employees: Belgian court

Belgium’s labor laws can apply to Ryanair employees based in the country, a local court ruled on Friday, in a case that could set a precedent […]
June 14, 2019

Dish execs met with DOJ, FCC on T-Mobile, Sprint merger

Dish Network Corp executives met this week with the U.S. Justice Department’s antitrust chief Makan Delrahim and Federal Communications Commission chairman Ajit Pai on the government’s […]
June 14, 2019

VW to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list […]
June 14, 2019

GE poised for significant power orders in Iraq after U.S. push -sources

General Electric Co potentially stands to win a large share of multibillion-dollar contracts to rebuild Iraq’s electricity system, reflecting a change in how Iraq intends to […]
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