Boeing Co said on Thursday Michael Luttig, who was appointed senior adviser to the planemaker's board amid the 737 MAX crisis in May, will retire at the end of the year.
NEW YORK: The tech-rich Nasdaq finished above 9,000 for the first time on Thursday (Dec 26), powering to its 10th straight record on gains by Amazon and other tech giants. The Nasdaq surged 69.51 points (0.78 per cent) to finish the post-holiday session at 9,022.39. The other two major indices...
The Nasdaq breached the 9,000-point mark for the first time and the S&P 500 hit a fresh record high on Thursday, boosted by optimism over U.S.-China trade relations and gains in Amazon.com after a report signaled robust online holiday sales.
Gold prices rose and a gauge of global equity markets hit a record high on Thursday in light holiday trade as a year-end rally in stocks remained on course, with optimism over U.S.-China trade helping drive Wall Street to records.
Indonesia next year will offer more airport management projects to foreign investors after awarding its first to a foreign company on Thursday (Dec 26), the transportation minister said.
U.S. stock index futures were near record highs on Thursday on optimism that an initial U.S.-China trade deal would be signed soon, easing a dispute that has rattled global markets for the past 17 months.
Tiffany & Co, which is being bought by Louis Vuitton owner LVMH, on Thursday (Dec 26) estimated sales growth of 1-3 per cent during the holidays, with the biggest contribution coming from China and a recovery in the Americas.
Tiffany & Co estimates sales during the holiday shopping season rose between 1per cent and 3per cent, with the biggest contribution coming from China, the luxury jeweler said on Thursday.
Beijing on Thursday said it "firmly opposes" trade restrictions included in a new US defence act, having already admonished the bill for interfering in China's internal affairs.
Oil rose further above US$67 a barrel to its highest in over three months on Thursday, buoyed by a report showing lower U.S. crude inventories, by hopes of an end to the China-U.S. trade dispute and OPEC-led efforts to constrain supply.
