Wall Street’s three main indexes opened lower on Wednesday on concerns that increasing political strain between Washington and Beijing could derail trade negotiations between the two sides.
Thyssenkrupp on Wednesday said it planned to cut 640 jobs at its struggling System Engineering unit, which it put under review earlier this year. System Engineering, which makes assembly lines for the car, aerospace and battery industries, was one of three underperforming divisions the group has said needed major restructuring. “Overall we believe in the future of our automotive engineering business,” Karsten Kroos, head of Thyssenkrupp’s automotive supply business, said. …read more […]
Wall Street’s main indexes were set to fall at the open on Wednesday, as escalating political tensions between Washington and Beijing sparked fears that the two sides could fail to reach a trade agreement soon.
Electric scooter company Superpedestrian on Wednesday said it had raised $20 million for its diagnostic software that can spot impending hardware failure, a major problem for scooter operators.
GUANGZHOU, China/SHANGHAI (Reuters) – China’s top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday. The company aims to roll out the vehicles to Europe in 2021 and to North America in 2023, Wei Jianjun, chairman of Baoding-based Great Wall, said on the sidelines of the Guangzhou Autoshow. Great Wall has sold over 300,000 WEY-branded SUVs in the past 3 years. …read more […]
China’s top sport-utility vehicle maker Great Wall Motor aims to sell 300,000 of its premium brand WEY vehicles a year by 2025, its chairman said on Wednesday.
(Bloomberg) — Walmart Inc., wary of Amazon.com Inc.’s encroachment into the grocery space, is revamping the produce department in its U.S. stores.The nation’s biggest grocer will widen aisles, make fruit and vegetable bins more visible and consolidate organic items in one spot, it said in a blog post Wednesday. The renovations, dubbed “Produce 2.0,” will be in 800 Supercenters by the end of January and in about 3,000 stores, including smaller format Neighborhood Markets, by the end of next summer.The changes follow earlier improvements Walmart made to the quality and assortment of its produce, a key category for food retailers …read more […]
The U.S. aviation regulator will ensure certification of Boeing’s 777X wide-body jet is conducted rigorously, the agency’s head said on Wednesday while reaffirming that its review of the grounded 737 MAX will not be rushed.
Beijing Threatens To End One Country Two Systems Hong Kong Status Quo The stage might now be set for a complete Chinese takeover of Hong Kong. According to the South China Morning Post, the Legislative Affairs Commission of the National People’s Congress Standing Committee (NPCSC) criticized the Hong Kong Supreme Court’s decision to declare the […]The post Market Morning: One Country One System, 7000 Boeing Woes, Mideast Tension, California Car Boycott appeared first on Market Exclusive. …read more […]
A trade union representing Lufthansa’s cabin-crew on Wednesday threatened strikes that could fall during the busy Christmas period if Germany’s biggest airline does not make concessions in a wage dispute.
BMW is in talks with labor representatives and its top suppliers as it seeks to achieve cost savings of more than 12 billion euros ($13.26 bln) by 2022, Chief Financial Officer Nicolas Peter told analysts on Wednesday.
TARRYTOWN, NY, Nov. 20, 2019– Nightfood, Inc. (otcqb:NGTF), the award-winning ice cream company addressing America’s $50 billion-dollar nighttime snacking problem, yesterday received confirmation that sleep-friendly Nightfood ice cream will soon be made available in a […]
Target Corp raised its full-year earnings forecast on Wednesday, signaling a strong holiday season as the retailer benefits from its investments in same-day delivery services and store revamps, sending its shares up 9%.
Trade union UFO said on Wednesday that it would announce strikes that could fall during the Christmas period if Lufthansa does not make concessions in a wage dispute.
Lufthansa said on Wednesday it would use the next seven days to try to reach a solution in a wage dispute with employees after trade union UFO said it would announce strikes if the airline does not make concessions.
Copyright 1997-2019 Wall Street Reporter / Octagon Media Corp.
