August 30, 2019

Wall St. rises on trade hopes, strong consumer spending data

U.S. stocks rose on Friday as an easing of trade tensions between the United States and China, and data showing solid domestic consumer spending abated concerns […]
August 30, 2019

AirAsia cuts Airbus A330neo order plans, shifts to A321XLR

Malaysian budget carrier AirAsia Group Bhd scaled back plans to order the Airbus A330neo wide-body passenger jet by nearly two thirds on Friday, switching its focus […]
August 30, 2019

China will exempt Tesla cars from purchase tax

China will exempt Tesla Inc’s electric vehicles from purchase tax, the Ministry of Industry and Information Technology (MIIT) said on its website, sending the company’s shares […]
August 30, 2019

Trump prods General Motors over its auto plants in China

U.S. President Donald Trump, who is engaged in a trade war with Beijing, said on Friday that the largest U.S. automaker, General Motors Co , should […]
August 30, 2019

Strong consumer spending seen underpinning U.S. economy

U.S. consumer spending increased solidly in July as households bought a range of goods and services, which could further allay financial market fears of a recession, […]
August 30, 2019

Campbell Soup reports 2% rise in sales

U.S. food company Campbell Soup Co said on Friday quarterly sales rose 2%, helped by demand for its soups and snacks. Powered by WPeMatico
August 30, 2019

Exclusive: Saudi Aramco board sees too many risks for New York IPO – sources

By Rania El Gamal, Alex Lawler, Marwa Rashad and Hadeel Al Sayegh Powered by WPeMatico
August 30, 2019

China will exempt 16 Tesla models from purchase tax

China will exempt 16 Tesla Inc electric vehicle (EV) models from purchase tax, the Ministry of Industry and Information Technology said in a statement on its […]
August 30, 2019

Global stocks scale one-week high on trade hopes, yuan softens

World stocks rose to a one-week high on cautious hopes for a rapprochement on trade between Beijing and Washington on Friday, though a perky dollar capped […]
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