May 2, 2019

UK PM May under fire after Huawei leak sacking

Theresa May hoped firing her defense secretary over a leak would put her latest government scandal to rest. But it seems only to have unleashed yet […]
May 2, 2019

Foxconn chairman Gou meets with Trump on Wisconsin project

Foxconn chairman Terry Gou met U.S. President Donald Trump at the White House on Wednesday to discuss the status of the Taiwanese company’s planned investment in […]
May 2, 2019

Wall Street inches higher with earnings in spotlight

U.S. stocks edged higher on Thursday as a handful of positive earnings reports helped investors look past the Federal Reserve’s policy decision that dented hopes of […]
May 2, 2019

Caterpillar hikes dividend, gives details on services push

Caterpillar Inc will issue a record dividend for the second quarter, up 20 percent from its previous payout, and plans to further increase returns to shareholders […]
May 2, 2019

Tesla files for offering to raise capital

Tesla Inc filed for a mixed shelf offering for an undisclosed amount on Thursday, a week after Chief Executive Officer Elon Musk suggested a capital raise […]
May 2, 2019

Futures eke out gains as investors look past Fed decision

U.S. stock index futures were modestly higher on Thursday, as investors looked past the Federal Reserve’s patient stance on monetary policy and awaited more earnings reports. […]
May 2, 2019

UK’s Lidington: Huawei leak inquiry needed to ensure government integrity

The British government’s inquiry into the disclosure of secret information relating to Chinese telecoms company Huawei was needed to ensure the integrity of national security discussions, […]
May 2, 2019

Indigo joins likely bidders for Thomas Cook airline: sources

Indigo Partners and Lufthansa are among the likely bidders for Thomas Cook’s airline business, with a deadline of May 7 set for expressions of interest, sources […]
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 […]
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