November 22, 2019

U.S. agency votes 5-0 to bar China’s Huawei, ZTE from government subsidy program

The U.S. Federal Communications Commission (FCC) voted 5-0 Friday to designate China’s Huawei and ZTE as national security risks, barring their U.S. rural carrier customers from […]
November 22, 2019

Peugeot still aims to sign merger deal with Fiat this year: source

French carmaker PSA plans to sign a $50 billion merger deal with Fiat Chrysler Automobiles (FCA) this year, a source with direct knowledge of PSA’s thinking […]
November 22, 2019

U.S. takes aim at judges pay in new attack on WTO system

Judges at the World Trade Organization can earn more than 300,000 Swiss francs tax-free for what is a part-time job, the United States said on Friday, […]
November 22, 2019

Dollar, global shares gain as trade worries linger

The dollar gained and global equity markets rose on Friday on upbeat U.S. economic data while amicable messages from Chinese President Xi Jinping and U.S. President […]
November 22, 2019

Trump, Xi send positive signals on initial deal to defuse U.S.-China trade war

The leaders of the United States and China on Friday both underscored their desire to sign an initial trade deal and defuse a 16-month tariff war […]
November 22, 2019

S&P 500, Dow tick higher on trade optimism; Nasdaq dips on Tesla

The S&P 500 and Dow Jones indexes eked out gains on Friday following upbeat trade deal comments from Washington and Beijing, while the Nasdaq was weighed […]
November 22, 2019

Emirates’ Clark says Rolls-Royce needs to sort itself out after engine delays

The board of Rolls-Royce must urgently address its engine performance problems, the head of Dubai’s Emirates said, as the world’s largest buyer of wide-body jets weighs […]
November 22, 2019

U.S. factory and services activity quicken in November: Markit

U.S. manufacturing output accelerated in November to its fastest pace in seven months and services activity also picked up more than expected, a survey of purchasing […]
November 22, 2019

Aerospace suppliers prepare for prolonged grounding of 737 MAX

Makers of aircraft parts are making contingency plans for a prolonged grounding of Boeing’s 737 MAX, with several expecting the jet’s return to service to take […]
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