May 29, 2019

Global stocks drop, bonds rally as trade tensions fan growth fears

Fears that an escalating trade war between the United States and China will slash global economic growth pulled world stock markets down to near two-and-a-half-month lows […]
May 29, 2019

Boeing surprised Canada changed rules of jet competition to allow Lockheed Martin bid

Boeing Co is surprised Canada softened the rules of a competition for new fighters to allow Lockheed Martin Corp to submit a bid, but is still […]
May 29, 2019

Fraught Franco-Italian relations a roadblock risk for Renault-FCA

Fiat Chrysler’s proposed $35 billion merger with Renault has cheered investors, won conditional support from Paris and Rome and even earned cautious backing from trade unions. […]
May 29, 2019

Wall Street slides as trade tensions fuel growth fears

Wall Street’s main indexes hit a near three-month low on Wednesday, as growing fears of a protracted trade war between the United States and China sent […]
May 29, 2019

Exxon shareholders reject splitting CEO, board chair roles

Exxon Mobil Corp shareholders on Wednesday rejected a proposal that would have split the roles of the chief executive officer and board chairman at the largest […]
May 29, 2019

Shell pledges to reveal the taxes it pays in every country

Oil and gas giant Royal Dutch Shell PLC will disclose how much tax it pays in every country in which it operates, an executive told a […]
May 29, 2019

Outside of Tesla, future EV sales in U.S. may be thin for most brands: study

U.S. demand for electric vehicles, including hybrids, could rise to 1.28 million by 2026, a new study projected on Wednesday, but most brands will struggle to […]
May 29, 2019

Nissan CEO sees no big downside to FCA-Renault merger

Nissan sees no major downside to partnering with a combined Renault and Fiat Chrysler (FCA), it said on Wednesday in a lukewarm endorsement of the proposed […]
May 29, 2019

Overdose victim’s father testifies in Oklahoma opioid trial of J&J

The father of a university football player who died of a drug overdose provided emotional testimony about the personal cost of the nationwide opioid epidemic on […]
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