January 7, 2020

Exclusive: Impossible Foods abandons pursuit of McDonald’s burger deal

Impossible Foods is no longer trying to win a coveted deal to supply McDonald’s Corp with plant-based burgers, telling Reuters it cannot produce enough of its […]
January 7, 2020

S&P 500, Dow slip with investor focus on Middle East, but chipmakers climb

The S&P 500 and Dow declined on Tuesday as investor uncertainty persisted amid the U.S.-Iran standoff, while energy shares fell as oil prices gave up recent […]
January 7, 2020

VW’s Seat brand chief steps down as Renault continues CEO hunt

Volkswagen on Tuesday said that Luca de Meo has stepped down from his current role as head of its Spanish Seat brand just as rival Renault […]
January 7, 2020

Dollar gains, oil slips as markets focus on Mideast

The dollar gained, helped by better-than-expected data in the U.S. non-manufacturing sector, and oil prices retreated on Tuesday as investors awaited developments in the U.S.-Iranian stand-off […]
January 7, 2020

Musk dance moves launch Tesla SUV program at new China factory

Elon Musk showed off his dance moves at the launch of Tesla’s Model Y electric sports utility vehicle programme at its new Shanghai factory on Tuesday, […]
January 7, 2020

Energy, healthcare shares keep a lid on Wall Street, Iran concerns linger

The S&P 500 and the Dow Jones Industrial Average slipped on Tuesday, led by losses in oil and healthcare stocks, with investors nervously awaiting the latest […]
January 7, 2020

Team activated to support global airline safety as Middle East tensions rise

An international aviation team has been activated to support “effective coordination and communication” between airlines and countries as tensions mount in the Middle East after a […]
January 7, 2020

GM’s 2019 China sales drop for second year on weak economy

General Motors Co’s vehicle sales in China fell for a second year as overall auto sales declined amid a slowing economy and because of competition in […]
January 7, 2020

U.S. Senate Finance panel advances new North American trade deal

The U.S. Senate Finance Committee voted on Tuesday to approve the U.S.-Mexico-Canada Agreement, moving the revamped North American trade deal a step closer to a final […]
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