February 6, 2019

Wall Street dips at open after Trump’s speech

U.S. stocks opened slightly lower on Wednesday as investors evaluated developments around U.S.-China trade talks and President Donald Trump’s State of the Union address, which offered […]
February 6, 2019

China sales buoy Toyota’s profit, but U.S. weakness persists

Toyota Motor Corp’s quarterly profit edged up as demand for its bread-and-butter car models from cost-conscious Chinese buyers helped offset bleak North American sales, although the […]
February 6, 2019

EU antitrust policy under fire after Siemens-Alstom deal blocked

Siemens and Alstom’s plan to create a European rail champion collapsed on Wednesday after EU regulators blocked the deal, prompting Germany and France to call for […]
February 6, 2019

Alstom rallies as investors hope for new deal after Siemens veto

Alstom shares rallied on Wednesday after Brussels rejected the French rail manufacturer’s plan to merge with Siemens’ rail division to create a powerful European rail business. […]
February 6, 2019

Daimler cuts dividend as fourth-quarter Mercedes earnings take tariff hit

Daimler cut its dividend as fourth-quarter operating profit fell 22 percent as trade wars and rising costs for developing electric and self-driving cars hit profits at […]
February 6, 2019

Return of French farmer’s case keeps Monsanto in legal spotlight

A decade-old lawsuit in which a French farmer with neurological problems accuses Monsanto of not providing adequate safety warnings for a weedkiller returns to court on […]
February 6, 2019

High-margin pickup trucks drive General Motors profit, shares rise

General Motors Co on Wednesday swung to a quarterly profit thanks to high-margin pickup trucks and crossovers in the U.S. market plus cost cutting and maintained […]
February 6, 2019

German ministers meet as U.S. urges Huawei exclusion: sources

German ministers discussed on Wednesday how to safeguard security in future 5G mobile networks, government sources said, amid intense debate over whether to shut China’s Huawei […]
February 6, 2019

Eli Lilly cuts 2019 forecast on trial failure, Loxo deal

Eli Lilly and Co cut its 2019 profit forecast on Wednesday, hit by a recent trial failure of conditionally approved cancer treatment Lartruvo and costs related […]
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