Month: June 2019

U.S. stocks eked out gains at open on Wednesday ahead of the Federal Reserve’s policy statement that is expected to open the door to future interest rate cuts.

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Adidas has failed in an attempt to broaden trademark protection for its three-stripes symbol in the European Union as rivals seek to muscle into the market for striped shoes and clothing.

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U.S. stock index futures pointed to a flat opening for Wall Street’s main indexes on Wednesday, as investors refrained from taking positions ahead of the Federal Reserve’s policy statement that is expected to open the door to future interest rate cuts.

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Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

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China’s Geely has chosen Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software.

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U.S. stock index futures were flat on Wednesday as the mood turned cautious ahead of the Federal Reserve’s policy statement, which investors hope could open the door to future interest rate cuts.

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An all-electric commuter plane and a small Airbus-backed hybrid are among aircraft programs being touted at the Paris Airshow, as the industry tries to convince a skeptical public it can deliver on a pledge to halve carbon emissions by 2050.

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Following is a summary of commercial aircraft deals announced by Airbus and Boeing at the Paris Airshow.

…read more […]

Harley-Davidson Inc will partner with Qianjiang Motorcycle Co. to produce a new range of smaller bikes, adding to moves to build more motorcycles outside the United States that have angered President Donald Trump.

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Qatar Airways is buying five new 777F Boeing Co freighters as it works to increase its footprint around the world, the airline said on Wednesday at the Paris Airshow.

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Oil prices ticked down on Wednesday as data suggesting a smaller-than-expected fall in U.S. crude inventories countered support from hopes for a U.S.-China trade deal.

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Adidas’ three-stripes have been ruled invalid as a trademark by a European Union court which said they lacked a distinctive character recognizable throughout the 28-country bloc.

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Tesco, Britain’s biggest retailer, said it is considering trialing an upmarket convenience store under the ‘Tesco finest’ banner but has not disclosed when a pilot would start.

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Wizz Air will use 20 new extended-range, narrow body Airbus jets primarily to connect existing destinations in its disparate network rather than to fly to new places, the budget airline’s Chief Executive Jozsef Varadi said on Wednesday.

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China’s Geely has picked Zenuity, a joint venture between its Volvo car marque and Swedish technology group Veoneer, as its preferred supplier for assisted and self driving software.

…read more […]