Automakers around the world are awaiting a decision from U.S. President Donald Trump on whether he will impose up to 25% tariffs on U.S. car and auto part imports after a 180-day review period elapsed this week.
More than a dozen U.S. trade groups and the U.S. Chamber of Commerce on Friday urged the Trump administration to block a French-style digital services tax proposed by Canadian Prime Minister Justin Trudeau during October’s election.
Today we’re going to take a look at the well-established Applied Materials, Inc. (NASDAQ:AMAT). The company’s stock… …read more […]
While it may not be enough for some shareholders, we think it is good to see the Nordea Bank Abp (STO:NDA SE) share… …read more […]
An eight-month crisis over the grounding of Boeing’s 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week’s Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains. The biennial civil and military expo is a major showcase for wares from jumbo jets to military drones but faces growing questions over demand and the capability of overstretched suppliers, delegates arriving for the Nov. 17-21 event said. Top of their agenda will be the worldwide grounding of the 737 MAX in the wake of two deadly crashes. …read more […]
Malaysian budget carrier AirAsia Group Bhd said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.
An eight-month crisis over the grounding of Boeing’s 737 MAX jets and widespread industrial delays are setting an unpredictable backdrop to next week’s Dubai Airshow, with some airlines reviewing fleet plans even as others look for bargains.
Hopes of a trade deal between Washington and Beijing turned world stock markets and other risk assets higher on Friday, though an escalating wave of global protests from Hong Kong to Chile left some deep scars.
Hong Kong sank into recession for the first time in a decade in the third quarter, government data confirmed on Friday, weighed down by increasingly violent anti-government protests and the escalating U.S.-China trade war.
A plan to nationalise parts of BT to provide free broadband to everyone in Britain marks the extent of the opposition Labour Party’s nationalisation policy, its finance spokesman John McDonnell said on Friday. Labour has previously pledged to nationalise power networks, Royal Mail, rail and water companies, but McDonnell said it would not nationalise the whole of BT. “We’re not taking over all of BT, we’re simply taking over Openreach, the BT technology and some elements from within BT itself,” he told BBC’s Today radio programme. …read more […]
Oil prices gained on Friday after OPEC’s forecast for oil demand next year fueled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month.
The carrier said it had signed a strategic partnership with travel technology company Kiwi.com that would give customers access to destinations not served by AirAsia, including London, Dubai, Madrid and Auckland. “We are reinventing ourselves as more than just an airline, bringing to life our vision for airasia.com to be the region’s one-stop travel shop,” AirAsia Group Chief Executive Tony Fernandes said in a news release. AirAsia is also looking at other ways to partner directly with airlines and companies that compliment the carrier’s network and travel services beyond Asia Pacific, said airasia.com Head of Airline Distribution Rajiv …read more […]
(Bloomberg) — Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. A.P. Moller-Maersk A/S, the world’s biggest container-shipping company, signaled it’s less optimistic about growth in its industry as trade wars dent the economic outlook.Copenhagen-based Maersk now sees global growth for the sector of 1-2% compared with a previous estimate of 1-3% for this year, it said on Friday. The company predicted growth in its own business may be “slightly lower” than the industry average, but said it will rein in costs to support profits.The more pessimistic outlook “reflects the broad-based …read more […]
Malaysian budget carrier AirAsia Group Bhd said on Friday it would sell flights on more than 100 other global airlines as part of a push to boost revenues.
Citigroup said it has appointed Ken Chow and Udhay Furtado to head the bank’s Asian equity capital markets in a move which will bring the investment bank’s local structure in line with its global operations. The bank introduced the Banking, Capital Markets and Advisory (BCMA) model in September last year, placing all of the firm’s banking and capital markets businesses under one umbrella, and has appointed leaders in those divisions in each region since then. Chow, previously the co-head of greater China equity capital markets, has been with Citigroup for four years while Furtado rejoined the bank last …read more […]
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