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Home2019March

Month: March 2019

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Business News

Wall Street gains on U.S.-China trade optimism

March 15, 2019 admin Comments Off on Wall Street gains on U.S.-China trade optimism

U.S. stocks rose on Friday as investors took heart from positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

…read more […]

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Business News

U.S. manufacturing sector slowing as economy loses momentum

March 15, 2019 admin Comments Off on U.S. manufacturing sector slowing as economy loses momentum

U.S. manufacturing output fell for a second straight month in February and factory activity in New York state was weaker than expected this month, offering further evidence of a sharp slowdown in economic growth early in the first quarter.

…read more […]

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Business News

Renault pushes back decision over Ghosn’s 2018 pay

March 15, 2019 admin Comments Off on Renault pushes back decision over Ghosn’s 2018 pay

French carmaker Renault said on Friday that it had decided to push back a decision regarding the 2018 pay package for ousted boss Carlos Ghosn.

…read more […]

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Google faces third EU antitrust fine next week: source

March 15, 2019 admin Comments Off on Google faces third EU antitrust fine next week: source

Alphabet unit Google is likely to be hit with a third EU antitrust fine next week related to its AdSense advertising service, a person familiar with the matter said on Friday, with the sanction expected to be much smaller than previous fines.

…read more […]

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Ford CEO Jim Hackett earned $17.1 million in 2018 as profit fell

March 15, 2019 admin Comments Off on Ford CEO Jim Hackett earned $17.1 million in 2018 as profit fell

Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday.

…read more […]

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Wall Street edges higher at open on U.S.-China trade hopes

March 15, 2019 admin Comments Off on Wall Street edges higher at open on U.S.-China trade hopes

U.S. stocks rose slightly at open on Friday following a report of progress in trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

…read more […]

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Saudi’s Flyadeal to decide on Boeing 737 MAX order after crash investigations

March 15, 2019 admin Comments Off on Saudi’s Flyadeal to decide on Boeing 737 MAX order after crash investigations

Saudi Arabian airline flyadeal will wait until investigations into two Boeing 737 MAX crashes are completed before deciding whether to proceed with a signed order for 30 of the jets, its chief executive said on Friday.

…read more […]

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U.S. manufacturing output falls for second straight month

March 15, 2019 admin Comments Off on U.S. manufacturing output falls for second straight month

U.S. manufacturing output fell for a second straight month in February, offering further evidence of a sharp slowdown in economic growth early in the first quarter.

…read more […]

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Ford CEO Jim Hackett earned $17.1 million in 2018

March 15, 2019 admin Comments Off on Ford CEO Jim Hackett earned $17.1 million in 2018

Ford Motor Co Chief Executive Officer Jim Hackett earned salary, bonus and stock awards of $17.1 million in 2018, up from $16.3 million the previous year, while adjusted pretax profit for the automaker dropped $2.6 billion from 2017, the company said on Friday.

…read more […]

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Global stocks gain on trade optimism, set for best week since January

March 15, 2019 admin Comments Off on Global stocks gain on trade optimism, set for best week since January

Global stocks rose on Friday after a report that U.S.-China trade talks were making progress and a vote by UK lawmakers to delay Britain’s exit from the European Union.

…read more […]

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Wall Street set for higher open on renewed U.S.-China trade hopes

March 15, 2019 admin Comments Off on Wall Street set for higher open on renewed U.S.-China trade hopes

Wall Street was set to open higher on Friday as investors took heart from positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

…read more […]

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Business News

Central banks stuck in holding pattern

March 15, 2019 admin Comments Off on Central banks stuck in holding pattern

A host of central banks meet next week, but with a global economic slowdown underway alongside political and trade strife, they are unlikely to tinker much, if at all, with policy.

…read more […]

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Stock futures rise on renewed U.S.-China trade hopes

March 15, 2019 admin Comments Off on Stock futures rise on renewed U.S.-China trade hopes

U.S. stock index futures rose on Friday as investors welcomed positive signs regarding trade talks between the United States and China and after UK lawmakers voted to delay a potentially chaotic exit from the European Union.

…read more […]

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China’s premier says ready to use more policy tools to help economy

March 15, 2019 admin Comments Off on China’s premier says ready to use more policy tools to help economy

The Chinese government has additional monetary policy measures that it can take to support economic growth this year, and will even cut “its own flesh” to help finance large-scale tax cuts, Premier Li Keqiang said on Friday.

…read more […]

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Backstory: The frenzy to cover China’s stage-managed parliament session

March 15, 2019 admin Comments Off on Backstory: The frenzy to cover China’s stage-managed parliament session

For many journalists, China’s once in a year parliamentary meeting starts with a sharp-elbowed sprint up the stairs.

…read more […]

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