Finance

American Airlines pilots expect to test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring their confidence in the jet after two fatal crashes.
Posted: March 22, 2019, 3:31 am
Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy.
Posted: March 22, 2019, 3:20 am
Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-biggest family-run conglomerate.
Posted: March 22, 2019, 2:56 am
Robust demand for yield leads to coupon cut for Accra’s $3bn debt sale
Posted: March 22, 2019, 4:00 am
Leah Boustan of Princeton and Maggie Peters of UCLA look at the wave of migrants to …
Posted: March 22, 2019, 4:00 am
Reuters

American Airlines pilots expect to test Boeing Co's 737 MAX software fix on simulators this weekend, the pilots' union told Reuters on Thursday, a key step in restoring their confidence in the jet after two fatal crashes.
Posted: March 22, 2019, 3:31 am
Asian shares hit 6-1/2-month highs on Friday after upbeat U.S. data and optimism in the tech sector lifted Wall Street stocks, helping calm some of the jitters sparked by the Federal Reserve's cautious outlook on the world's biggest economy.
Posted: March 22, 2019, 3:20 am
Investors in Hyundai Motor Group companies rejected on Friday Elliott Management's demands for a massive special dividend and board seats, dealing a blow to the U.S. hedge fund's campaign to shake up South Korea's second-biggest family-run conglomerate.
Posted: March 22, 2019, 2:56 am
Hyundai Mobis shareholders voted on Friday against Elliott Management's proposal for dividend payouts.
Posted: March 22, 2019, 2:54 am
Hyundai Motor shareholders voted on Friday against Elliott Management's proposals for dividend payouts.
Posted: March 22, 2019, 2:54 am
Mexico's deputy finance minister said on Thursday the government was considering using part of a $15.4 billion public income stabilization fund to pay some debt obligations for heavily leveraged state oil company Pemex.
Posted: March 22, 2019, 2:14 am
Tesla Inc's vehicle deliveries scheduled across Europe, China and North America should be a "primary priority" for all employees during the last 10 days of the first quarter, Chief Executive Officer Elon Musk said in an email to employees on Thursday.
Posted: March 22, 2019, 1:50 am
Eisai Co Ltd's shares were untraded on Friday, hit with a glut of sell orders after the Japanese drugmaker and its partner Biogen Inc said they are ending two drug trials of their experimental Alzheimer's disease drug aducanumab.
Posted: March 22, 2019, 1:05 am
Investors are betting on heightened political uncertainty and greater volatility in European stock markets ahead of European Parliament elections in May amid growing concerns about rising populism.
Posted: March 22, 2019, 12:24 am
Uber Technologies Inc and Pinterest, two of the highest profile internet companies planning to go public this year, have picked the New York Stock Exchange as the venue for their stock listings, according to sources familiar with the matter.
Posted: March 22, 2019, 12:11 am
Three in four Japanese companies expect U.S.-China trade frictions to last until at least late this year, a sharp contrast to market hopes that presidents Donald Trump and Xi Jinping might soon strike a deal to end their damaging trade war, a Reuters poll found.
Posted: March 21, 2019, 11:16 pm
Nike Inc reported quarterly revenue that failed to beat Wall Street estimates for the first time in over a year, as sales fell short of expectations in its biggest market of North America, sending its shares tumbling 5 percent on Thursday.
Posted: March 21, 2019, 11:07 pm
A federal judge on Thursday rebuffed a request by hotel chains including Hyatt Hotels Corp, Marriott International Inc and Wyndham Hotel Group to throw out a class-action suit accusing them of conspiring not to compete with one another online.
Posted: March 21, 2019, 10:56 pm
Apple Inc is expected to launch an ambitious new entertainment and paid digital news service on Monday, as the iPhone maker pushes back against streaming video leader Netflix Inc. But it likely will not feature the New York Times Co.
Posted: March 21, 2019, 10:54 pm
Shares in Levi Strauss & Co surged 31 percent in their debut on Thursday, giving the jeans maker a market value of $8.7 billion and suggesting strong investor appetite before much-awaited listings from Lyft and Uber.
Posted: March 21, 2019, 10:31 pm
Boeing Co plans to offer as standard a safety feature that might have warned earlier of problems that possibly played a role in the crashes of Ethiopian and Indonesian planes that killed almost 350 people, two officials briefed on the matter said on Thursday.
Posted: March 21, 2019, 10:22 pm
Boeing Co said on Thursday that production lines will not "pulse" or move airframes forward for three days next week at its 737 factory to allow workers to catch up on work that was previously delayed.
Posted: March 21, 2019, 10:08 pm
Boeing Co will mandate a previously optional cockpit warning light as part of a forthcoming software update to the 737 MAX fleet that was grounded in the wake of two fatal crashes, two officials briefed on the matter said Thursday.
Posted: March 21, 2019, 10:08 pm
Tesla Inc filed a lawsuit on Thursday against a former engineer at the company, claiming he copied the source code for its Autopilot technology before joining a Chinese self-driving car startup in January.
Posted: March 21, 2019, 10:06 pm
General Dynamics National Steel and Shipbuilding Co has been awarded a $465 million U.S. defense contract related to aircraft carrier maintenance and modernization, the Pentagon said on Thursday.
Posted: March 21, 2019, 9:34 pm
FT

Robust demand for yield leads to coupon cut for Accra’s $3bn debt sale
Posted: March 22, 2019, 4:00 am
Slack international and domestic demand saw output fall to 3-year low
Posted: March 22, 2019, 12:57 am
The US central bank has improved both its analysis and its messaging
Posted: March 21, 2019, 6:25 pm
Fed’s dovish turn has led 10-year yields sharply lower
Posted: March 21, 2019, 4:12 pm
Investor concern over US economic outlook sends 10-year yield below 2.5%
Posted: March 21, 2019, 3:02 pm
Commission dusts off old proposal for pan-EU retaliatory weapon
Posted: March 21, 2019, 1:48 pm
Policymakers in a ‘wait and see’ mode as economic indicators unclear
Posted: March 21, 2019, 12:04 pm
Sonny Perdue says Beijing’s ‘attitudes’ are hardening in talks to resolve spat
Posted: March 21, 2019, 11:20 am
Investors should not be too sanguine about transition from scandal-linked rate
Posted: March 21, 2019, 11:10 am
A renewed Baselworld fair faces its first test this week as watch market feels the heat
Posted: March 21, 2019, 4:53 am
Baselworld’s moment of truth; interview with LVMH’s head of watches; economics and politics blight watchmakers’ growth forecasts; China’s authenticators fight counterfeit luxury goods; why brands are going big on women’s watches; injured veteran turns jewellery designer; engagement rings and the battle for higher search rankings
Posted: March 21, 2019, 4:53 am
The parties backing the generals have upper hand in an election that has reopened divides
Posted: March 21, 2019, 4:42 am
Central bank’s assessment points to some unease over the outlook for growth and inflation
Posted: March 20, 2019, 10:38 pm
Bonds rally sharply as central bank says it will slow balance sheet reduction from May
Posted: March 20, 2019, 10:15 pm
Your daily briefing on the news
Posted: March 20, 2019, 8:54 pm
Mike Mackenzie’s daily analysis of what’s moving global markets
Posted: March 20, 2019, 8:49 pm
Operations can matter as much as macroeconomics
Posted: March 20, 2019, 6:58 pm
President insists talks on trade deal with Beijing ‘coming along nicely’
Posted: March 20, 2019, 5:36 pm
Business Roundtable finds executives are scaling back hiring plans
Posted: March 20, 2019, 4:20 pm
Your daily briefing on the news
Posted: March 20, 2019, 11:45 am
Countries that require board representation for workers have not seen performance suffer
Posted: March 20, 2019, 10:45 am
CNN

The days of plugging in an iPhone to charge won't last forever.
Posted: February 13, 2017, 7:42 pm
Nandan Nilekani, co-founder of one of India's biggest outsourcing companies, says an H-1B visa crackdown would ultimately hurt the U.S.
Posted: February 13, 2017, 7:20 pm
Mexican Senator Armando Rios Piter told CNN that he plans to introduce a bill this week that would stop Mexican purchases of American corn.
Posted: February 13, 2017, 5:37 pm
The market is at all-time highs and many say Trump is the reason. But stocks were rallying when investors thought Hillary Clinton would win. Janet Yellen and the Fed may deserve more of the credit for the market's move.
Posted: February 13, 2017, 5:35 pm
Apple stock is less than $1 away from its all-time high amid renewed optimism for the iPhone.
Posted: February 13, 2017, 5:24 pm
President-elect Donald Trump focuses his criticism of NAFTA on Mexico. But Canada and America have a rocky trade history too.
Posted: February 13, 2017, 4:59 pm
Verizon has decided to bring back unlimited data plans. But while that's great for its subscribers, it's awful news for investors. It's another sign of how brutally competitive the telecom business is. And it's hurting Verizon's stock.
Posted: February 13, 2017, 4:32 pm
The automaker announced Monday that its first official venture in the oil-rich Middle East will be in the United Arab Emirates.
Posted: February 13, 2017, 4:18 pm
Sears Holdings, the company that owns retail stores Sears and Kmart, said this weekend that it would remove 31 Trump-branded items from its website.
Posted: February 13, 2017, 4:07 pm
Read full story for latest details.
Posted: February 13, 2017, 3:45 pm
The price of crude oil has more than doubled over the past year after bottoming out at $26 per barrel in February 2016.
Posted: February 13, 2017, 2:39 pm
Uber's top rival in India has some unsolicited advice for the U.S. startup: Go local.
Posted: February 13, 2017, 1:48 pm
Read full story for latest details.
Posted: February 13, 2017, 1:20 pm
Universal Biopack makes packaging that it sells to restaurants and manufacturers. But rather than plastic, it uses a mixture of bamboo and cassava.
Posted: February 13, 2017, 2:14 am
Treasury secretary pick Steven Mnuchin is an executive producer on Warner Bros.' "The Lego Batman Movie," which pulled in an estimated $55.6 million from U.S. audiences during its opening weekend.
Posted: February 12, 2017, 10:57 pm
Apple CEO Tim Cook wants the tech industry to take action against "fake news" stories that are polluting the web.
Posted: February 12, 2017, 7:50 pm
Nike on Sunday launched a star-studded short film titled "Equality" that coincides with Black History Month.
Posted: February 12, 2017, 7:49 pm
Read full story for latest details.
Posted: February 11, 2017, 1:02 am
Read full story for latest details.
Posted: February 10, 2017, 4:55 pm
It may seem like a recurring nightmare, but Greece is in danger of running out of money again.
Posted: February 9, 2017, 10:54 am
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