Oil prices were steady on Thursday as the U.S.-China trade war continued to cloud prospects for the global economy and fuel demand despite a resumption in talks seeking a resolution to the 15-month conflict.
(Bloomberg Opinion) — Based on the number of articles written about them, two of the great questions of our time are: Why do Republicans stick with Donald Trump? And what happened to all the “Never Trump” people? In recent days, for example, the New York Times has published items about each of them.In polls, the vast majority of Republicans have consistently given Trump their approval for the job he is doing – even as tariffs and the deficit have risen, even as he rages on Twitter, even as evidence of abuse of power has mounted. His support among conservatives has …read more […]
BMW aims to double sales of large luxury cars next year from 2018 levels to help revive profit margins hit by investments in new technologies, Chief Financial Officer Nicolas Peter said on Thursday.
Morocco’s national carrier Royal Air Maroc (RAM) has suspended a deal to purchase two more Boeing 737 MAX jets after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.
Nissan said it will begin making the next-generation Juke vehicle at Britain’s biggest car plant on Monday, just over two weeks before a possible no-deal Brexit which the industry has warned could bring production to a halt.
When you buy shares in a company, it’s worth keeping in mind the possibility that it could fail, and you could lose… …read more […]
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. China plans to ask the U.S. to lift sanctions on its biggest shipping company at high-level trade negotiations in Washington this week, people familiar with the matter said.Officials plan to raise the issue of penalties against the Dalian units of China COSCO Shipping Corp., which the U.S. accuses of knowingly violating restrictions on carrying Iranian petroleum, said the people, who asked not to be identified discussing a private matter. Four other Chinese entities were also sanctioned last month along with …read more […]
Morocco’s national carrier Royal Air Maroc has suspended a deal to purchase two more Boeing 737 MAX planes after the same model of aircraft crashed in Ethiopia, a source from the airline told Reuters on Thursday.
Delta Air Lines reported a greater-than-expected increase in quarterly profit on Thursday thanks to “surprise” demand growth, prompting the airline to accelerate its hiring of pilots, flight attendants, and airport workers, Chief Executive Ed Bastian told Reuters. Delta, the first of U.S. airlines to publish quarterly results, posted a 13.1 percent rise in net income to $1.5 billion in the quarter to Sept, 30 on total adjusted revenue of $12.6 billion, up 6.5 percent from a year earlier. Unlike its main U.S. competitors, Delta does not own the 737 MAX, which has not flown since a worldwide …read more […]
Delta Air Lines reported a greater-than-expected increase in quarterly profit on Thursday thanks to “surprise” demand growth, prompting the airline to accelerate its hiring of pilots, flight attendants, and airport workers, Chief Executive Ed Bastian told Reuters.
Could Air Products and Chemicals, Inc. (NYSE:APD) be an attractive dividend share to own for the long haul? Investors… …read more […]
In a rare intervention, Deutsche Bank’s regulators are blocking a banker backed by its largest shareholder, Qatar, from a seat on the supervisory board because of a conflict of interest, according to two people with knowledge of the matter. Deutsche Bank chair Paul Achleitner had announced in August the appointment of former UBS manager Juerg Zeltner, praising him as a valuable addition and “a top-level European banker with proven expertise”. Zeltner was also to represent the interests of Qatar’s royal family – a top shareholder in the German lender. …read more […]
WeWork’s India franchise has seen talks with local lender ICICI Bank Ltd on $100 million in funding break down since The We Company’s botched stock market launch, and is in early discussions to raise $200 million from new investors, the venture’s chief shareholder Jitu Virwani said on Thursday.
An Australian farmer has launched a legal case against Bayer AG’s agricultural chemicals unit Monsanto after being diagnosed with a type of leukaemia, the Australian Broadcasting Commission reported on Thursday.
JPMorgan Chase & Co. has set up a trust company in Singapore, its first in Asia, to cater for a growing cadre of ultra-wealthy individuals in the region.
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