February 22, 2019

GM extends production at Detroit factory until early 2020

General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier plan to discontinue production […]
February 22, 2019

Canada’s Barrick considers buyout of rival Newmont Mining

Canada’s Barrick Gold Corp said on Friday it was considering an all-stock bid for U.S. rival Newmont Mining Corp, a deal that would create a monolith […]
February 22, 2019

GM extends production at Detroit factory until early 2020

General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier plan to discontinue production […]
February 22, 2019

EU drafting retaliatory tariff list hitting Caterpillar, Xerox, Samsonite: Bloomberg

The European Union is drafting a list of retaliatory tariffs that would target Caterpillar Inc, Xerox Corp and Samsonite International if U.S. President Donald Trump imposes […]
February 22, 2019

Wall St. opens slightly higher, Kraft Heinz weighs on consumer staples

U.S. stocks opened slightly higher on Friday on hopes of a trade deal between the United States and China, but a 26 percent plunge in Kraft […]
February 22, 2019

UBS sticks to dividend, capital return plans after French verdict

UBS plans to stick to its proposed dividend for 2018, CEO Sergio Ermotti said on Friday, two days after the Swiss bank was hit with a […]
February 22, 2019

Global shares nudge higher, Aussie dollar rebounds after slide

Global shares rose on Friday as signs of progress on trade offset a worsening economic outlook, while the Aussie dollar recouped some losses after China denied […]
February 22, 2019

JPMorgan trades banker offices for shared desks

NEW YORK – JPMorgan Chase & Co is tearing down walls and moving its San Francisco investment bankers onto “hot desks,” a space-saving layout that has […]
February 22, 2019

FATF says EU dirty money list risks undermining its work

A European Union blacklist of nations it considers as anti-money laundering and terrorism-financing threats risks undermining the work of the Financial Action Task Force, the body’s […]
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