China on Friday urged the World Trade Organization (WTO) to close loopholes and correct practices by some member states that damage global trade, warning of a “profound crisis” facing the institution’s existence.
Electronic travel services companies Amadeus and Sabre are being investigated by the EU over contract terms that the bloc’s antitrust watchdog says could prevent airlines and travel agents from switching to rival ticket agents.
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
Volvo Cars has decided to delay building Lynk & Co branded cars at its plant at Ghent in Belgium because of increased macro-economic uncertainty, a spokesman for the Geely-owned [GEELY.UL] Swedish carmaker said on Friday.
European stock markets rose on Friday after a volatile week in which company earnings and growth worries hit stocks, although the euro sank after weaker-than-expected business surveys from Germany and the euro zone.
The Trump administration has invited the heads of Volkswagen , BMW and Daimler to a meeting likely to take place mid next week to discuss trade policy, a source close to the matter said.
Flybe Group Plc is in talks for a possible sale to Virgin Atlantic Airways Ltd, the British regional airline said on Friday, as it grapples with falling demand, higher fuel costs and a weak British pound.
Workers at Amazon logistic centers in Germany and Spain staged strikes on Friday, walking off the job on Black Friday, the discount spending spree that kicks-off the start of the crucial Christmas shopping season.
Britain’s bank bosses are hoping for the green light to return more capital to long-suffering investors when the Bank of England publishes results next week from its annual stress test of leading lenders.
European Union antitrust regulators are investigating global distribution service (GDS) providers Amadeus and Sabre over contract terms which they say may prevent airlines and travel agents from switching to rival ticketing agents.
British regional airline Flybe Group Plc said on Friday Virgin Atlantic Airways Ltd was one of the parties it was in discussions with, as part of a formal sale process announced earlier this month.
The market for organic wine will grow rapidly in the next five years as environmentally-conscious consumers increasingly favor pesticide-free wines, but their market share will remain relatively small globally, a study showed.
Volvo Cars has decided to delay its original plan to start building Lynk & Co vehicles at its plant in Belgium at the end of 2019 due to increased macro-economic uncertainty, a spokesman for the carmaker said on Friday.
China said on Friday the World Trade Organization (WTO) is having a “profound crisis” and urged it to close loopholes and correct practices by member states that damage the global trading system.
Oil prices fell to their lowest in a year on Friday, on course for their biggest one-month decline since late 2014, even as oil producers consider cutting production to try to stem a rising global surplus.
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