Markets

Finland's Kone is assessing the viability of a bid for Thyssenkrupp's 14 billion euro (US$15.7 billion) elevators division even as the German conglomerate pursues plans to list it on the stock exchange, four people familiar with the matter said.

U.S. imposition of tariffs against the European Union over aircraft subsidies would cause "serious harm" to Delta Air Lines since the U.S. carrier is already under contract to buy several billion dollars worth of Airbus aircraft, a senior airline official said on Wednesday.

NEW YORK: General Electric Co expects its core power-plant business to lose significant cash this year and does not expect large improvement in that business' cash flow margins for at least three years, the company's chief financial officer said on Wednesday. "Power was a very significant negative ...

Ford Motor Co plans to start production of new luxury Lincoln models in China for that market as they are launched, starting with the new Corsair later this year, to benefit from lower costs and avoid the risk of tariffs, a top executive said on Monday.

Senior officials from Boeing Co and a U.S. aerospace industry trade group on Wednesday urged the U.S. government to narrowly tailor any tariffs imposed on the European Union over illegal aircraft subsidies to avoid harming American manufacturers.

The bills are due for millions of barrels of contaminated Russian oil that have been stuck for weeks in pipelines from Belarus to Germany - but no one wants to pay.

JPMorgan Chase & Co will provide US$125 million over the next five years to nonprofit groups in the United States and abroad that help people save, pay down debt and improve their credit scores, the bank said on Wednesday.

U.S. Federal Communications Commission (FCC) Chairman Ajit Pai will propose on Wednesday granting mobile phone companies new powers to block the rising number of unwanted "robocalls", industry officials briefed on the plans said.

REUTERS: Macy's Inc topped Wall Street estimates for quarterly same-store sales and profit on Wednesday, benefiting from increased digital sales and higher demand for items sold at its off-price stores. Macy's has been pouring money into building up its private label as well as expand its off ...

The "great majority" of solar cells being produced at Tesla's factory in upstate New York are being sold overseas instead of being used in the company's trademark "Solar Roof" as originally intended, according to documents reviewed by Reuters.