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.
BlackRock Inc , the world's largest asset manager, reported a 40.3per cent rise in fourth-quarter profit on Wednesday, as more money rolled into its low-risk exchange-traded funds and cash management business amid concerns of slowing global growth.
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.
Citigroup's female employees earn 27per cent less than male employees on a global median basis, the Wall Street bank said on Wednesday.
Goldman Sachs Group Inc reported a 26per cent drop in quarterly profit on Wednesday, hurt by weakness in its investment banking business and higher operating costs.
