February 4, 2020

Wall Street surges as China financial measures soothe virus worries

The Nasdaq hit a record high on Tuesday and the S&P 500 headed for its biggest one-day gain in about six months as fears of a […]
February 4, 2020

U.S. government experts, industry spar over asbestos testing in talc

For the first time in nearly 50 years, the U.S. Food and Drug Administration examined asbestos testing for talc powders and cosmetics at a hearing on […]
February 4, 2020

Siemens to buy Iberdrola’s stake in Siemens Gamesa for 1.1 billion euros

Siemens is buying Iberdrola’s stake in Siemens Gamesa renewable energy , the German engineering company said, as it prepares to merge the business with its own […]
February 4, 2020

Exclusive: First Petrobras employee flips in Brazil commodity traders probe

A former trader at oil firm Petrobras has signed a plea bargain agreement with Brazilian prosecutors investigating bribery allegations, defense lawyers and prosecutors said, a potential […]
February 4, 2020

Another day, another record: Tesla shares march toward $1,000

Shares of Tesla Inc surged 20% on Tuesday to hit $940, extending a stunning rally that has more than doubled the company’s market value since the […]
February 4, 2020

Bombardier in talks to sell business-jet unit to Textron: WSJ

Canada’s Bombardier Inc is in talks to sell its business-jet unit to U.S. maker of Cessna jets, Textron Inc , the Wall Street Journal reported https://www.wsj.com/articles/bombardier-in-talks-to-sell-business-jet-unit-to-textron-11580835712?mod=searchresults&page=1&pos=2, […]
February 4, 2020

Beat laments Uber’s Colombia departure, but will not hold back in its absence

Ride-hailing company Beat hopes rival Uber will return to Colombia, but meanwhile, it will capitalize on the void it left and try to fill it, the […]
February 4, 2020

Defense aircraft demand lifts U.S. factory orders; underlying softness remains

New orders for U.S.-made goods increased by the most in nearly 1-1/2 years in December, flattered by robust demand for defense aircraft, but persistently weak business […]
February 4, 2020

Ferrari tempers 2020 expectations with cautious upgrade

Demand for Ferrari’s Portofino and 812 Superfast models helped the Italian supercar maker hit last year’s profit targets though it only provided a cautious upgrade to […]
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