June 14, 2019

Mexico ready to retaliate if U.S. imposes tariffs: minister

Mexico will be ready to retaliate in kind if the U.S. government imposes tariffs on Mexican exports to the United States, Mexican Economy Minister Graciela Marquez […]
June 14, 2019

Bumble owner to spend $100 million on dating apps

The owner of dating app Bumble said on Friday it would revamp its holding structure and spend $100 million, as it looks to better compete with […]
June 14, 2019

Italy’s industry ministry open to any discussions on Alitalia, including with Atlantia

Italy’s industry ministry is open to discussions with any investor interested in the rescue of troubled carrier Alitalia, including infrastructure group Atlantia, two sources with knowledge […]
June 14, 2019

Exclusive: Mexico blamed Walmart’s size, access to rivals’ data in blocking app deal

Mexican officials blocked Walmart Inc’s deal to buy delivery app Cornershop because Walmart could not guarantee a level playing field for rival retailers, whose customers use […]
June 14, 2019

Bombardier opening new California rail-car assembly site

Canada’s Bombardier is opening a new facility in California that will assemble rail cars for San Francisco’s rapid transit system by year’s end, and potentially serve […]
June 14, 2019

Airbus urges UTC not to be distracted by Raytheon deal

Airbus said on Friday it had urged United Technologies to “keep its eye on the ball” in its role as a commercial aerospace supplier as it […]
June 14, 2019

Broadcom’s $2 billion warning rattles global chip sector

Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with […]
June 14, 2019

Strong U.S. retail sales improve economy’s fortunes

U.S. retail sales increased in May and sales for the prior month were revised higher, suggesting a pick-up in consumer spending that eased fears the economy […]
June 14, 2019

Wall Street drops as Broadcom warning hits chip stocks

U.S. stocks dropped on Friday, as shares of chipmakers sank on a warning from sector major Broadcom of a broad weakening in global demand and Chinese […]
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