General Electric quarterly profit more than triples
General Electric Co reported a more than three-fold rise in quarterly profit on Tuesday, helped by higher sales in its aviation, oil and gas, and healthcare units.
General Electric Co reported a more than three-fold rise in quarterly profit on Tuesday, helped by higher sales in its aviation, oil and gas, and healthcare units.
Southwest Airlines Co, the biggest user of Boeing Co’s 737 MAX jets that were grounded worldwide following two fatal crashes, dropped two places from the top in terms of passenger satisfaction in 2019, a survey by the American Customer Satisfaction Index (ACSI) showed.
Fiat Chrysler said on Tuesday it will use technology from Alphabet Inc’s Google and Samsung to connect all its vehicles by 2022, providing music and video and facilitating future car-sharing and self-driving capabilities.
By Dhara Ranasinghe, Abhinav Ramnarayan and Lefteris Papadimas
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he hopes to make “substantial progress” with Chinese negotiators in the next two rounds of trade talks, as the world’s two largest economies look for ways to end their bruising trade war.
Danske Bank lowered its outlook for 2019 after a disappointing first quarter, due in part to the effects of a massive money laundering scandal at its Estonian branch that has sent ripples across the Nordic banking sector.
DnB Markets lowered its rating on SAS as a pilot strike stretched into its fifth day with no resumption of talks in sight, sending the Scandinavian airline’s shares down on Tuesday.
European equity markets nudged down on Tuesday as weak Chinese business surveys dampened appetite for risk, while investors braced for a spate of data on the region’s economic health.
Some 20 million barrels of Iranian oil sitting on China’s shores in the northeast port of Dalian for the past six months now appears stranded as the United States hardens its stance on importing crude from Tehran.
Telecoms group Vodafone found security flaws in equipment supplied by China’s Huawei to its Italian business in 2011 and 2012, the two companies said on Tuesday.
Tesla Inc plans to announce that it has begun selling solar panels and related equipment for up to 38 percent below the national average price, the New York Times reported on Tuesday.
Shares in Asia fell on Tuesday as readings on China’s manufacturing activity failed to meet expectations, underscoring weakness in the world’s second-largest economy despite Beijing’s attempts to spur growth.
Flydubai’s Chief Executive Ghaith al-Ghaith said on Tuesday he is very confident that Boeing will take the right decision regarding the grounded 737 MAX.
Boeing Co said an alert for angle-of-attack (AOA) sensors on its 737 MAX jets was “not activated as intended” for some customers, responding to reports it failed to tell Southwest Airlines Co and the U.S regulator that the optional feature was deactivated before a crash in Indonesia in October.
U.S. President Donald Trump, three of his children and one of his companies filed a federal lawsuit Monday against Deutsche Bank and Capital One Financial Corp to block the banks from complying with federal subpoenas investigating his financial dealings.
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