Markets

U.S. producer prices edged up in December as a rise in the cost of goods was offset by weakness in services, the latest indication of tame inflation pressures that could allow the Federal Reserve to keep interest rates unchanged this year.

FRANKFURT AM MAIN: German prosecutors on Wednesday (Jan 15) said they were investigating three people who allegedly spied for China, with media reporting that a German former EU diplomat was among the suspects. "We can confirm an investigation into suspected espionage" for Chinese state security ...

The "phase one" agreement includes pledges from China to beef up purchases of American crops and other exports, provides protections for US technology, and new enforcement mechanisms.

U.S. President Donald Trump on Wednesday said he had no doubt that Boeing Co's new chief executive, David Calhoun, would be able to turn the company around as it grapples with the two fatal crashes of its 737 MAX plane.

LONDON: European stock markets were mostly lower on Wednesday (Jan 15) as investors took a step back after weeks of gains and awaited the signing of a long-expected China-US trade deal. European indices followed Asia lower, though London's benchmark FTSE 100 posted a rise owing to a weaker pound...

U.S. President Donald Trump on Wednesday said he had no doubt that Boeing Co's new chief executive, David Calhoun, would be able to turn the company around as it grapples with the two fatal crashes of its 737 MAX plane.

A software update for the GTF engine on the A220 jet is expected in the spring, pending regulatory approval, Graham Webb, vice president of Pratt & Whitney commercial engine programs said on Wednesday.

LONDON: Oil prices slipped on Wednesday (Jan 15) on concerns that the US-China Phase 1 trade deal may not provide much of a demand boost because the United States intends to keep tariffs on Chinese goods until a second phase deal. Prices were also under pressure from an OPEC...

General Motors Co. said on Wednesday more than 1,350 hourly employees at its assembly plants in the United States will transition into full-time roles in the first quarter of 2020.

U.S. tariffs will remain on Chinese imports while the Trump administration sees how enforcement plays out under the Phase 1 trade deal with Beijing, White House economic adviser Larry Kudlow said on Wednesday.