May 22, 2019

British Steel situation is ‘very difficult’: environment minister

The situation at British Steel, which is on the brink of collapse unless the government agrees to provide an emergency 30 million pound ($38 million) loan, […]
May 22, 2019

British Steel to be put into administration as early as Wednesday: Sky

British Steel will be placed into administration as early as Wednesday, Sky News’s Mark Kleinman said. Powered by WPeMatico
May 22, 2019

China’s big three airlines seek Boeing compensation over 737 MAX grounding

China’s three biggest airlines have asked U.S. planemaker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, […]
May 22, 2019

After Huawei, U.S. could blacklist Chinese surveillance tech firm: media

The U.S. administration is considering Huawei-like sanctions on Chinese video surveillance firm Hikvision, media reports show, deepening worries that trade friction between the world’s top two […]
May 22, 2019

Commerzbank may tweak strategy after Deutsche Bank talks collapse

Commerzbank may tweak its strategy following the collapse of merger talks with its larger rival Deutsche Bank, the lender’s chief said on Wednesday. Powered by WPeMatico
May 22, 2019

Daimler says all costs under scrutiny after moderate start to 2019

German luxury carmaker Daimler said all costs were under scrutiny after reporting a moderate start to the year and affirmed its full-year forecast. Powered by WPeMatico
May 22, 2019

China says opposes U.S. trying to smear Chinese firms

China’s Foreign Ministry said on Wednesday that China opposes the United States smearing Chinese companies, after media reports that the U.S. administration is considering Huawei-like sanctions […]
May 22, 2019

In Fed policy review, labor may finally win out over inflation

At 2.3 percent, Minneapolis’ jobless rate seems impossibly low, even with national unemployment at a 50-year trough. Powered by WPeMatico
May 22, 2019

Oil prices drop on swelling U.S. stockpiles, but markets remain tense

Oil prices fell on Wednesday after industry data showed an increase in U.S. crude inventories and as Saudi Arabia pledged to keep markets balanced. Powered by […]
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