January 29, 2020

GE profit rises 30% on aviation boost

General Electric Co on Wednesday reported a 30% jump in quarterly profit, boosted by its aviation business, but forecast 2020 profit below estimates. Powered by WPeMatico
January 29, 2020

Ford to resume production at China joint venture with Changan on February 10

Ford Motor plans to resume production on Feb. 10 at its manufacturing facilities in China with joint venture partner Chongqing Changan Automobile , a spokesman for […]
January 29, 2020

Oil rises as markets wait on virus impact; U.S. stocks fall

Oil prices rose for a second day on Wednesday, recouping some losses after a five-day rout on talk that OPEC could extend oil output cuts if […]
January 29, 2020

Investors find some Unilever foods hard to swallow

Six months after Unilever’s Alan Jope suggested he may get rid of brands without “purpose”, investors are wondering when he will deliver. Powered by WPeMatico
January 29, 2020

For airlines, China boom now exposes them to risk as coronavirus slams market

China’s growth has helped power a global aviation boom over the last decade, but as the country curtails travel in the face of a new coronavirus, […]
January 29, 2020

Trump to sign North American trade pact at White House; key Democrats not invited

U.S. President Donald Trump will sign a new North American trade agreement on Wednesday in an outdoor ceremony at the White House to be attended by […]
January 29, 2020

Exclusive: Do or die – Nissan takes the axe to the house Ghosn built

Nissan is planning aggressive cost cuts to deal with an unexpected slump in sales as the expansionist strategy it inherited from fugitive former Chairman Carlos Ghosn […]
January 29, 2020

Hong Kong stocks pull Asian shares lower but futures offer hope

Asian shares fell on Wednesday as a spike in new Chinese virus cases sent Hong Kong stocks tumbling and added to worries about the economic impact […]
January 29, 2020

Focus at Goldman’s first investor day will be on its consumer bank Marcus

As Goldman Sachs Group Inc approaches its first-ever investor day on Wednesday, all eyes are on its tiniest business division, the consumer bank, and how the […]
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