July 18, 2018

China says U.S.-led trade war has become biggest ‘confidence killer’ for world economy

The U.S.-driven trade war has become the biggest “confidence killer” for the global economy, China’s foreign ministry warned on Wednesday, saying the whole world would fight […]
July 18, 2018

Dollar’s advance puts squeeze on gold, Brexit blues sink sterling

The world’s major stock markets were mostly firmer on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted […]
July 18, 2018

Novartis puts brakes on price hikes, bowing to U.S. pressure

Bolstered by a strong second-quarter, CEO Vas Narasimhan said he expects Novartis to hit the top of its 2018 sales guidance despite joining rival Pfizer in […]
July 18, 2018

Airbus says Pratt & Whitney catching up on engine delays

European planemaker Airbus said on Wednesday that supplier Pratt & Whitney was catching up on engine delays and there would be an improvement especially in the […]
July 18, 2018

Uber says it has invested $500 million in Mexico since 2013

Uber Technologies Inc said on Tuesday that it has invested more than $500 million in Mexico since it launched there in 2013, underscoring the country’s importance […]
July 18, 2018

Japan stocks bounce as yen bows before strong dollar

Asian shares followed Wall Street higher on Wednesday as a bullish outlook from the head of the U.S. central bank buoyed the dollar, lifted Tokyo shares […]
July 18, 2018

China clips Air China’s wings after descent scare

China’s aviation regulator will cut flights by Air China’s Boeing 737 fleet by 10 percent and cancel the licenses of the pilot and co-pilot involved in […]
July 17, 2018

Boeing gets $3.9 billion contract for new Air Force One jets

Boeing Co has received a $3.9 billion contract to build two 747-8 aircraft for use as Air Force One by the U.S. president, due to be […]
July 17, 2018

Buffett’s Berkshire Hathaway loosens policy on stock buybacks

Berkshire Hathaway Inc on Tuesday eliminated a restriction on its ability to buy back its own stock, a change that could help billionaire Chairman Warren Buffett […]
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