November 28, 2018

U.S. third-quarter growth unrevised; headwinds increasing

The U.S. economy slowed in the third quarter as previously reported, but the pace was likely strong enough to keep growth on track to hit the […]
November 28, 2018

Car market collapse outruns GM moves to keep up

General Motors Co’s monumental announcement on Monday that it will close three car assembly plants in North America and slash its workforce will only partially close […]
November 28, 2018

Trump retweets item saying GM should pay back bailout money

President Donald Trump on Wednesday retweeted a suggestion that General Motors Co should pay back the money the government spent to keep it afloat as part […]
November 28, 2018

Siemens CEO received pay rise in 2018: annual report

Siemens paid its chief executive Joe Kaeser a total of 7.82 million euros ($8.82 million) during its 2018 financial year, the German engineering company said in […]
November 28, 2018

Dismantling the oil industry: rough North Sea waters test new ideas

(This Nov. 27 story has been refiled to correct spelling of surname of Oil and Gas UK decommissioning manager.) Powered by WPeMatico
November 28, 2018

Deutsche Bank Americas head expected to leave: sources

Deutsche Bank’s head of the Americas, Tom Patrick, is likely to leave the bank, possibly by the end of the year, two people with knowledge of […]
November 28, 2018

Insurer AXA raises profit targets in wake of $15 billion XL deal

AXA , Europe’s second-biggest insurer, expects its profitability to improve in the next two years thanks to U.S. business brought in by its new XL arm, […]
November 28, 2018

World stocks climb to one-week high on hopes of trade reconciliation

Hopes for a thaw in U.S.-China trade relations at the upcoming G20 summit helped world shares inch to a one-week high on Wednesday, though fears of […]
November 28, 2018

Bangladesh factory safety group seeks to delay closure, flags lingering risks

A group set up by European fashion brands to improve factory safety in Bangladesh has sought a stay on a court order that calls for its […]
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