November 20, 2019

Continental to cut 5,040 jobs as combustion engine demand falls

German auto supplier Continental on Wednesday said it would pare back its engine manufacturing activities as more stringent emissions rules threaten demand for combustion engine components, […]
November 20, 2019

Trump says U.S. is still talking to China on trade

U.S. President Donald Trump said on Wednesday the United States is continuing to talk to China but gave no other details, as both sides tried to […]
November 20, 2019

Exclusive: ECB flags failings in dirty-money screening at Malta’s top bank

Malta’s biggest bank failed for years to detect or address risks involving thousands of payments, the European Central Bank (ECB) said, detailing “severe shortcomings” that could […]
November 20, 2019

Lowe’s calms nerves with profit forecast raise after Home Depot sales warning

Lowe’s Cos Inc raised its annual profit forecast on Wednesday, helping ease concerns over the health of the U.S. consumer after larger rival Home Depot Inc […]
November 20, 2019

Target sets upbeat holiday sales tone with raised forecast, shares surge

Target Corp signaled a strong start to the holiday season and raised its full-year earnings forecast on Wednesday, betting on its aggressive push into faster delivery […]
November 20, 2019

Emirates jet swap opens door to Boeing 787 deal in Dubai

Emirates agreed to buy its first Boeing 787 Dreamliners in a last-minute, $9 billion deal at the Dubai Airshow on Wednesday while reducing its order for […]
November 20, 2019

Emirates president says to restart airline expansion by early 2020s

Emirates airline will restart its expansion by the early 2020s, company President Tim Clark said on Wednesday at the Dubai Airshow. Powered by WPeMatico
November 20, 2019

Chinese airlines turn to Asia as long-haul losses pile up

BENGALURU/BEIJING – Chinese airlines are adding seats on short- and mid-range Asian flights in a strategic shift away from prestigious but loss-making North American routes to […]
November 20, 2019

PSA’s small car platforms should be favored in FCA merger: executive

Small car platforms developed by France’s Peugeot should be favored if plans to merge PSA and FiatChrysler go ahead, PSA executive Gaetano Thorel told Reuters on […]
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