June 14, 2019

Solid U.S. retail sales offer economy some respite

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

Norwegian Air expects Boeing 737 MAX fleet to remain grounded until end of August

Norwegian Air expects Boeing’s 737 MAX aircraft to remain grounded until at least the end of August, missing the European summer season, CEO Bjoern Kjos said […]
June 14, 2019

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list […]
June 14, 2019

Bayer to invest $5.6 billion in weedkiller research to help reputation

Germany’s Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest […]
June 14, 2019

Huawei delays global launch of foldable phone by three months

Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with […]
June 14, 2019

China launches inquiry into FedEx parcel delivery errors: Xinhua

Chinese authorities have launched an investigation into FedEx Corp over parcels delivered to the wrong addresses, China’s official Xinhua news agency reported on Friday. Powered by […]
June 14, 2019

China data, Gulf tensions see bond yields slip, stocks suffer

World stocks struggled and safe haven bets were back in play on Friday with German bond yields plumbing record lows as Chinese data rekindled woes about […]
June 14, 2019

United States and China suspend intellectual property litigation at WTO

The United States and China have halted their dispute over intellectual property rights at the World Trade Organization until Dec. 31, the WTO dispute panel hearing […]
June 14, 2019

India minister says confident airline capacity problems will be solved

India’s new civil aviation minister said on Friday he is confident that airline capacity shortage problems following the grounding of Jet Airways Ltd will be solved, […]
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