U.S. stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicks off.
Europe’s Airbus is ratcheting up pressure on suppliers like United Technologies to cut costs for its Canadian-developed A220 jetliner as it expands factory facilities to cope with anticipated demand for the former Bombardier model.
Auto executives gathered in Detroit on Monday called on the Trump administration and Congress to resolve trade disputes, and end the government shutdown, saying political uncertainty is costing the industry.
One of the rare market bright spots last year, the U.S. healthcare sector remains a Wall Street darling despite a slow start to 2019.
Nissan expects alliance partner Renault’s board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker’s investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview.
Citigroup Inc said it would earn $2 billion more in revenue from its lending activities this year than in 2018 as it reported better than expected fourth-quarter earnings, sending its shares more than 4 percent higher.
Newspaper chain MNG Enterprises Inc , controlled by secretive hedge fund Alden Global Capital LLC, on Monday offered to buy Gannett Co Inc in a $1.36 billion deal to add the USA Today and scores of other newspapers to its stable of regional publications.
World stock indexes fell on Monday after a shock contraction in Chinese trade reignited fears of a sharper slowdown in global growth and caused investors to sell riskier assets.
Technology shares pulled Wall Street lower on Monday, after an unexpected drop in China’s exports in December reignited worries of a slowdown in global economic growth.
Fiat Chrysler Automobiles NV is reviewing its investment plan for Italy after the country approved taxes on the purchase of larger gasoline and diesel cars, Chief Executive Officer Mike Manley said on Monday.
PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California’s catastrophic wildfires in 2017 and 2018.
Pernod Ricard will meet activist hedge fund Elliott this month as the family-backed spirits firm faces pressure to improve its margins, sources familiar with the situation said.
Newmont Mining Corp said on Monday it would buy smaller rival Goldcorp Inc for $10 billion, creating the world’s biggest gold producer in the face of dwindling easy-to-find reserves of the precious metal.
Fiat Chrysler (FCA) is reviewing its investment plan for Italy after the country approved taxes on the purchase of larger petrol and diesel cars, CEO Mike Manley said on Monday.
FedEx Corp will pay $35.4 million to settle three lawsuits in which New York state and New York City accused the company of shipping millions of untaxed cigarettes to residents over a decade.
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