Month: December 2018

Volkswagen’s talks with Ford on the two companies cooperating are progressing, though a few details still need to be worked out, the German carmaker said on Friday.

…read more […]

Canadian Prime Minister Justin Trudeau on Friday said China’s detention of two men from Canada was unacceptable and expressed concern the economy could suffer as bilateral relations deteriorate.

…read more […]

German airline Air Berlin’s insolvency administrator is suing Abu Dhabi’s Etihad, its former owner, for damages of up 2 billion euros ($2.26 billion), a Berlin court said on Friday.

…read more […]

U.S. stocks fell on Friday as weak economic data from China and Europe rekindled fears of slowing global growth, with Johnson & Johnson leading the losses after Reuters reported the company knew for decades that asbestos lurked in its Baby Powder.

…read more […]

The daughter of ousted Nissan chairman Carlos Ghosn early on Friday retrieved documents and cash from a corporate apartment in Rio de Janeiro, capping a legal battle over the items, which the carmaker maintains may contain evidence of wrongdoing.

…read more […]

The U.S. economy is growing at a 2.42 percent pace in the fourth quarter as stronger-than-expected November data on industrial output offset the steepest drop in import prices in over three years last month, the New York Federal Reserve’s Nowcast model showed on Friday.

…read more […]

Facebook Inc said it had fixed a bug that may have exposed private photos of up to 6.8 million users, the latest in a string of glitches that have caused regulators around the world to investigate the social media giant’s privacy practices.

…read more […]

French President Emmanuel Macron said on Friday that Ford’s decision to end production at its plant in Blanquefort, southern France next year was “hostile” and said his government was actively seeking a buyer for the site.

…read more […]

Huawei [HWT.UL] faces fresh challenges in Europe after Germany’s Deutsche Telekom announced it would review its vendor strategy and Orange said it would not hire the Chinese firm to build its next-generation network in France.

…read more […]

Facebook Inc said on Friday it has discovered a bug that may have affected up to 6.8 million people who used Facebook login to grant permission to third-party apps to access photos.

…read more […]

Facebook Inc said on Friday it has discovered a bug that may have affected up to 6.8 million people who used Facebook login to grant permission to third-party apps to access photos.

…read more […]

U.S. consumer spending gathered momentum in November as households bought furniture, electronics and a range of other goods, which could further allay fears of a significant slowdown in the American economy even as the outlook overseas continued to darken.

…read more […]

U.S. stocks fell 0.8 percent on Friday, as weak economic data from China and Europe exacerbated global growth fears and added to nerves about the U.S.-China trade talks.

…read more […]

General Motors Co on Friday said it is beginning to send formal notices to U.S. government agencies of its plan to end production at auto plants and cut thousands of jobs as it shrinks passenger car production in North America.

…read more […]

London Stock Exchange Group Plc said on Friday Chairman Donald Brydon would be replaced by Donald Robert, chairman of the world’s biggest credit data firm Experian Plc .

…read more […]