December 9, 2019

Walmart Chile pulls court requests for police protection, but warns looting continues

Walmart in Chile on Monday pulled requests it filed earlier with Chilean courts demanding police protection for its supermarkets, but said looting of its stores continued […]
December 9, 2019

Wall Street dips at open on weak Chinese data; tariff deadline looms

U.S. stocks opened slightly lower on Monday, as weak data from China rekindled fears of a slowdown in the world’s second-biggest economy, while investors looked for […]
December 9, 2019

Exclusive: Hyundai’s $1.8 billion deal with Daewoo faces EU probe – sources

World No. 1 shipbuilding group Hyundai Heavy Industries Holdings Co Ltd’s $1.8 billion merger with rival shipbuilder Daewoo is expected to face a full-scale investigation in […]
December 9, 2019

Bankrupt PG&E to take $4.9 billion more charge on wildfire victim claims

PG&E Corp said https://www.sec.gov/ix?doc=/Archives/edgar/data/75488/000095015719001393/form8-k.htm on Monday it would take a pretax charge of $4.9 billion in the current quarter related to the settlement of claims from […]
December 9, 2019

Flying cars could lure investors away from ground-based services: survey

Electric air taxis — known colloquially, if somewhat misleadingly, as “flying cars” — could draw millions of investor dollars away from ground-based transportation start-up firms in […]
December 9, 2019

Nokia halts legal action against Daimler with mediation offer

Finnish telecoms equipment maker Nokia has called a temporary halt to legal action against Daimler in the hope the German carmaker will be open to mediation […]
December 9, 2019

Oil slips as weak China exports highlight trade war impact

Oil prices fell on Monday after data showed Chinese exports declined for a fourth straight month, sending jitters through a market already concerned about damage to […]
December 9, 2019

Stocks whacked as China export decline highlights trade war damage

Global equity markets were in a somber mood on Monday after Chinese export data highlighted the economic damage from the 17-month long trade war and re-focused […]
December 9, 2019

General Motors pulls out of Russian car assembly business with Avtovaz deal

Russia’s biggest automaker Avtovaz said on Monday it would buy out General Motors from their joint venture producing vehicles in Russia under the Chevrolet brand, effectively […]
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