Ford Motor Co has seen higher steel and aluminum costs driven by trade tariffs bite into profit, but is hopeful the United States and China can avoid further tensions that could make things more costly, a top Ford executive said on Monday.
Portuguese app store Aptoide said on Monday a local court has ruled against Alphabet Inc’s Google, ordering it to stop removing Aptoide’s app from users’ mobile phones without their knowledge in a landmark case.
U.S. stocks were slightly lower in choppy trade on Monday while the dollar strengthened and the U.S. yield curve flattened after European equities reversed earlier gains to close lower.
Oil futures were little changed on Monday after paring earlier losses despite Saudi Arabia’s pledge to raise crude production to a record high, two weeks before U.S. sanctions potentially choke off Iranian supplies.
Netflix Inc announced its third tap of debt markets in a year on Monday, aiming to raise another $2 billion as the streaming video pioneer invests heavily in original shows and acquiring content to fend off intensifying competition.
Toymaker Hasbro Inc missed analysts’ expectations for quarterly revenue and profit on Monday, as the demise of major retail partner Toys ‘R’ Us hurt sales in Europe and the United States, sending its shares down as much as 8 percent.
Aston Martin is considering flying in car components and moving more parts through UK ports other than Dover to avoid possible border friction after Britain leaves the European Union, its boss told Reuters.
Industrial gases groups Praxair and Linde won U.S. antitrust approval for their $86 billion merger on Monday, clearing the last hurdle for the deal in the nick of time.
U.S. stocks edged down on Monday as early support from a rally in China faded, with lower oil prices and disappointing earnings signals from firms including Halliburton and Hasbro helping pull the market lower.
British carmaker Aston Martin is considering flying in components and moving more parts through ports other than Dover if there is any border friction after Britain leaves the EU, its boss told Reuters.
Industrial gases groups Praxair and Linde won U.S. antitrust approval for their $86 billion merger, clearing the last hurdle for the deal in the nick of time.
Belgium has chosen Lockheed Martin’s F-35 stealth jets over the Eurofighter Typhoon to replace its aging F-16s, news agency Belga cited government sources as saying, in a move that would cement the U.S.-made war plane’s position in Europe.
Hasbro Inc said on Monday the recent bankrupt retailer Sears Holding Corp will no impact on the toymaker as it accounted for less than 1 percent of the overall revenue last year.
U.S. stocks opened higher at the start of a busy week of earnings on Monday, riding a wave of gains in global stocks due to hopes of economic stimulus in China and easing tensions over Italy’s debt.
Oil slipped below $80 a barrel on Monday as Saudi Arabia pledged to raise its crude production to a record, two weeks before U.S. sanctions potentially choke off Iranian crude supplies.
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