May 2, 2019

Bombardier says to create single aviation unit, sell non-core assets

Canada’s Bombardier Inc said on Thursday it would combine its corporate and regional jet units into a single aviation unit and shed more non-core assets by […]
May 2, 2019

Bombardier Belfast union says proposed plant sale shock to 3,600 workers

Trade unions in Belfast expressed shock on Thursday after Canada’s Bombardier Inc announced plans to sell its plant in the city, the largest high-tech manufacturer in […]
May 2, 2019

Fed’s Powell treads carefully as Trump’s central bank pick faces trouble

Conservative commentator Stephen Moore’s sexist comments about women have put in jeopardy his path to the Federal Reserve, with the No. 2 Republican in the Senate […]
May 2, 2019

Government to answer urgent question on Huawei leak: Labour Party

A British government minister will be called to parliament on Thursday to answer a question on the findings of an inquiry into the disclosure of confidential […]
May 2, 2019

Blackstone sues RCS owner directly over disputed headquarters sale

U.S. private equity firm Blackstone Group has launched legal action against the chairman and controlling shareholder of Italian publisher RCS Mediagroup over a disputed property sale, […]
May 2, 2019

Asian shares flatline after Fed’s neutral message

Asian markets marked time on Thursday with two major centers – Japan and China – shut for holidays while the dollar held on to overnight gains […]
May 2, 2019

Facebook settlement with U.S. may include privacy oversight: Politico

Facebook Inc and the Federal Trade Commission (FTC) are negotiating a possible settlement that would require the company to create an independent privacy oversight committee and […]
May 2, 2019

PG&E seeks U.S. court approval for $105 million fund to help wildfire victims

PG&E Corp on Wednesday sought court approval for a $105 million fund to help house victims of the wildfires blamed on the bankrupt California power provider. […]
May 1, 2019

U.S. Fed says no strong case for hiking or cutting rates

The U.S. Federal Reserve on Wednesday held interest rates steady and signaled little appetite to adjust them any time soon, taking heart in continued job gains […]
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