December 6, 2018

Lion Air CEO says possible will cancel Boeing 737 MAX orders

Indonesia’s Lion Air is considering cancelling orders for Boeing Co 737 MAX jets following a crash that killed 189 people in October but has not yet […]
December 6, 2018

Wall Street opens lower as Huawei executive arrest fans trade worries

U.S. stocks tumbled at open on Thursday, as the arrest of a top executive of Chinese tech giant Huawei for extradition to the United States sparked […]
December 6, 2018

Global stocks slump on China executive arrest, oil spills into OPEC

Global stock markets slumped for a third day running on Thursday as the arrest of a top executive of Chinese tech giant Huawei in Canada for […]
December 6, 2018

U.S. trade deficit hits 10-year high; private hiring slows

The U.S. trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high, […]
December 6, 2018

Sears Chairman Lampert offers to buy bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert’s ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. […]
December 6, 2018

France will tax digital giants from 2019 even if no EU-wide agreement: FinMin

Finance Minister Bruno Le Maire on Thursday said France will tax digital giants at a national level from 2019 if European Union states cannot reach an […]
December 6, 2018

Volkswagen to cut another $3.4 billion in costs to boost margins

Volkswagen announced another 3 billion euros ($3.4 billion) of cost cuts on Thursday in an effort to speed up an improvement in profit margins at its […]
December 6, 2018

Former Tesco directors cleared of fraud over 2014 accounting scandal

Two former directors of Tesco were acquitted on Thursday of fraud and false accounting at Britain’s biggest retailer following a 2014 scandal. Powered by WPeMatico
December 6, 2018

Oil tumbles 5 percent after OPEC hints at smaller output cut

Oil lost nearly 5 percent on Thursday, after OPEC signaled it may agree to a smaller output cut than expected and as concern over the economic […]
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